Overview
- The partnership, disclosed as ended Tuesday by developer Altus, halts a 91‑storey project marketed as Australia’s tallest with a 285‑room hotel and luxury apartments.
- Altus CEO David Young said the Trump name had become “toxic” in Australia due to the Iran war and other events, while the Trump Organization said Altus failed to meet basic financial obligations.
- Gold Coast Mayor Tom Tate said no development application was ever lodged, and Altus now plans to pursue a different luxury brand for the site.
- Public pushback was substantial, with online petitions reported at roughly 124,000 to more than 140,000 signatures opposing a Trump-branded tower in Surfers Paradise.
- Altus says the project remains live without the Trump name, yet planning approvals and financing still need to be secured as the Trump Organization removes the project from its website and signals interest in other Australian deals.