Gold Coast’s $1.5bn Trump Tower promises to be ‘Australia’s tallest building’

Lifestyle

The Trump International Hotel & Tower Gold Coast, a $1.5 billion development by Altus Property Group, is set to become Australia’s tallest building at 340 metres. The six-star hotel and residential tower will be built in Surfers Paradise and is expected to be completed before the 2032 Brisbane Olympics.
Trump International Hotel and Tower Gold Coast (Image: Altus Property Group)
Key Takeaways
  • Trump International Hotel & Tower Gold Coast will rise 340 metres over 91 storeys at 3 Trickett Street in Surfers Paradise, making it the tallest building in Australia upon completion.
  • The $1.5 billion development will include a six-star hotel and approximately 270 private residences, with apartments expected to start at around $5 million.
  • The first five floors will comprise a retail plaza, as well as event facilities, a beach club and a swimming pool overlooking the Pacific Ocean.
  • The project, developed by Altus Property Group, will be funded entirely by private investors from Singapore, Hong Kong, the United Arab Emirates and the United States.
  • Construction and ongoing operations are expected to support around 1,000 jobs in total, with completion planned ahead of the Brisbane 2032 Olympic Games.
Key Background

The Trump International Hotel & Tower Gold Coast marks the Trump Organization’s first development project in Australia, following a hotel management agreement with Queensland-based Altus Property Group.

The tower will be built on a beachfront site in Surfers Paradise, formerly home to the Iluka Beach Resort, which has remained vacant since 2013. Altus has pursued a Trump-branded development on the Gold Coast since the late 2000s, with earlier plans delayed by the global financial crisis.

Big Number

340 metres. That’s how tall Trump International Hotel & Tower Gold Coast is expected to rise, making it the tallest building in Australia upon completion.

The tower will surpass the neighbouring Q1 Tower in Surfers Paradise, which stands at 323 metres and was the world’s tallest residential building from 2005 to 2011.

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