US EditionUna Torre Trump podría Construirse en Australia, Pero El Plan Genera Controversia
The $1.5 billion Trump Tower plan aims to boost Gold Coast tourism and Olympic accommodation but faces opposition amid developer's past bankruptcies and unpaid debts.
- Announcing a licensing deal, David Young revealed plans for a 91-storey Trump Tower in Surfers Paradise, with Young saying he signed with Eric Trump on February 14.
- Altus says it attracted private investors in Singapore, Hong Kong, UAE and the United States, and Mr Young described the funding as providing 'patient capital'.
- Owing $28 million, the liquidator reported, as records showed the director was largely 'uncontactable' during liquidation, with two bankruptcies completed, including one linked to Young Land Corporation.
- A petition calling for rejection of the plan had more than 26,000 signatures as of Tuesday, while Gold Coast Mayor Tom Tate praised the proposal and said he had recently dined with Trump at Mar-a-Lago.
- With unpaid creditor claims still unresolved, a bankruptcy trustee advised 'no dividend was to be paid to creditors of the bankrupt estate', highlighting ongoing financial issues.
15 Articles
15 Articles
Will it become Australia's tallest building? Controversy over construction of Trump Tower on the Gold Coast. Planned to be 91 stories including a hotel and apartments. Construction on a vacant site since 2013. Petition opposing Trump's policies. Questions raised about the financial strength of real estate developers. Trump Tower, which is being built on Australia's famous beach resort, Gold Coast.
An empty lot near the center of which was the ostentatious tourist area of the Gold Coast is destined to become the site of the highest tower in Australia, and the first in the country with the...
Una Torre Trump podría construirse en Australia, pero el plan genera controversia
Por Hilary Whiteman, CNN Un terreno vacío cerca del centro de la que fuera la ostentosa zona turística de la Gold Coast está destinado a convertirse en el sitio de la torre más alta de Australia, y la primera en el país con el apellido Trump estampado en la parte superior. El grupo inmobiliario australiano Altus Property Group planea construir una torre de 91 pisos, con un hotel de lujo de seis estrellas y 285 habitaciones, un centro comercial d…
Developer plans to build a Trump Tower in Australia despite backlash
A vacant block near the center of the Gold Coast's once glitzy tourist strip is set to become the site of Australia's tallest tower – and the first with the surname Trump emblazoned across the top.
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