Summary
The Trump Organization, led by President Donald Trump, plans to build Australia's tallest building, a 335-meter skyscraper, on the Gold Coast. The project, featuring luxury hotel rooms and apartments, is set to begin construction in August and will compete with another proposed tall building in the same area. The Trump Organization has faced scrutiny regarding potential conflicts of interest due to Trump's role as president.
Key Facts
- The Trump Organization announced plans for a skyscraper on the Gold Coast, Australia.
- The building will be 335 meters tall, taller than the Shard in London.
- The project will include 285 hotel rooms and 272 luxury apartments.
- Construction is set to begin in August and will cost over $1 billion.
- Competing projects in the area include a twin-tower plan expected to reach 50 meters taller.
- The Trump Organization has faced allegations of potential conflicts of interest due to President Trump's involvement.
- The company has done projects worldwide, and its brand is used in over 20 locations.