Australia’s Trump Tower plans scrapped as developer says brand has become 'toxic'

EvilEyeFleegle

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I guess that says it all, "Trump brand becomes toxic."
In Australia, Trump's name is shyte. Pretty much like it is in the rest of the world.


Plans to build a controversial $1.5 billion Trump Tower on the Gold Coast have been axed less than three months after the deal was made.

The planned Surfers Paradise skyscraper would have become the tallest building in Australia, however, the ambitious build has been scrapped amid tensions between the Trump Organisation and the Australian developer Altus Property Group.

Altus Property Group chief executive and founder David Young — who had signed the deal with US President Donald Trump’s son Eric Trump at the family’s Mar-A-Lago estate back in February — said the Trump brand had become “toxic” to Australians.
 
The Aussie property developer may be untruthful. Trump's representative said that the Aussie company could not come up with $1.5 billion necessary to start the project.

"After months of negotiations and empty promise, after empty promise, on a supposed $1.5 billion project, Altus Property Group was unable to meet the most basic financial obligation due upon the execution of the agreement," Kimberly Benza, director of executive operations for the Trump Organization, said.

"Mr Young's attempt to blame certain world events for our termination of the agreement is merely a ploy to distract from his own defaults and failures."

 
I guess that says it all, "Trump brand becomes toxic."
In Australia, Trump's name is shyte. Pretty much like it is in the rest of the world.


Plans to build a controversial $1.5 billion Trump Tower on the Gold Coast have been axed less than three months after the deal was made.

The planned Surfers Paradise skyscraper would have become the tallest building in Australia, however, the ambitious build has been scrapped amid tensions between the Trump Organisation and the Australian developer Altus Property Group.


Altus Property Group chief executive and founder David Young — who had signed the deal with US President Donald Trump’s son Eric Trump at the family’s Mar-A-Lago estate back in February — said the Trump brand had become “toxic” to Australians.
The Aussies came up with a much more AFFORDABLE design that will also not detract from the pristine skyline.

 
Well it looks like everything Trump touches dies. Gold phones, Trump Media, Trump meme coin, and now he cant even slap his name on a building - which is his only core competency. If it werent for bilking the taxpayer and selling his son's services to the US government he'd be broke.




Plans to build Australia’s first Trump Tower have been scrapped just three months after it was announced, with the local developer saying the Trump brand has become “toxic.”

“Let’s just say that with the Iran war and everything else, the Trump brand was increasingly unpopular in Australia,” David Young, CEO of Altus Property Group, told CNN in a statement.

The 91-story Trump International Hotel & Tower Gold Coast was billed as Australia’s tallest tower, featuring a 285-room luxury hotel, high-end retail plaza, restaurants and residential apartments finished to Trump specifications, according to a February press release from Altus announcing the deal.

The project sparked backlash after it was announced by Altus and the Trump Organization, which is owned by US President Donald Trump but run by his sons Donald Jr. and Eric.
 
Scratch My Head GIFs | Tenor
 
Well it looks like everything Trump touches dies. Gold phones, Trump Media, Trump meme coin, and now he cant even slap his name on a building - which is his only core competency. If it werent for bilking the taxpayer and selling his son's services to the US government he'd be broke.




Plans to build Australia’s first Trump Tower have been scrapped just three months after it was announced, with the local developer saying the Trump brand has become “toxic.”

“Let’s just say that with the Iran war and everything else, the Trump brand was increasingly unpopular in Australia,” David Young, CEO of Altus Property Group, told CNN in a statement.

The 91-story Trump International Hotel & Tower Gold Coast was billed as Australia’s tallest tower, featuring a 285-room luxury hotel, high-end retail plaza, restaurants and residential apartments finished to Trump specifications, according to a February press release from Altus announcing the deal.

The project sparked backlash after it was announced by Altus and the Trump Organization, which is owned by US President Donald Trump but run by his sons Donald Jr. and Eric.



 
Well it looks like everything Trump touches dies. Gold phones, Trump Media, Trump meme coin, and now he cant even slap his name on a building - which is his only core competency. If it werent for bilking the taxpayer and selling his son's services to the US government he'd be broke.




Plans to build Australia’s first Trump Tower have been scrapped just three months after it was announced, with the local developer saying the Trump brand has become “toxic.”

“Let’s just say that with the Iran war and everything else, the Trump brand was increasingly unpopular in Australia,” David Young, CEO of Altus Property Group, told CNN in a statement.

The 91-story Trump International Hotel & Tower Gold Coast was billed as Australia’s tallest tower, featuring a 285-room luxury hotel, high-end retail plaza, restaurants and residential apartments finished to Trump specifications, according to a February press release from Altus announcing the deal.

The project sparked backlash after it was announced by Altus and the Trump Organization, which is owned by US President Donald Trump but run by his sons Donald Jr. and Eric.

It has become toxic due to the TDS and hatred from the "tolerant" party.
 
15th post
Well it looks like everything Trump touches dies. Gold phones, Trump Media, Trump meme coin, and now he cant even slap his name on a building - which is his only core competency. If it werent for bilking the taxpayer and selling his son's services to the US government he'd be broke.




Plans to build Australia’s first Trump Tower have been scrapped just three months after it was announced, with the local developer saying the Trump brand has become “toxic.”

“Let’s just say that with the Iran war and everything else, the Trump brand was increasingly unpopular in Australia,” David Young, CEO of Altus Property Group, told CNN in a statement.

The 91-story Trump International Hotel & Tower Gold Coast was billed as Australia’s tallest tower, featuring a 285-room luxury hotel, high-end retail plaza, restaurants and residential apartments finished to Trump specifications, according to a February press release from Altus announcing the deal.

The project sparked backlash after it was announced by Altus and the Trump Organization, which is owned by US President Donald Trump but run by his sons Donald Jr. and Eric.




I’m confused on who dumped who here.

The statement said that, while the Trump group were “very excited about the opportunity to bring a world-class development to the Gold Coast”, its licensing partner, Altus, had been unable to uphold its end of the bargain.

“After months of negotiations and empty promise, after empty promise, on a supposed $1.5bn project, Altus Property Group was unable to meet the most basic financial obligation due upon the execution of the agreement,” the statement read.

“Mr Young’s attempt to blame certain world events for our termination of the agreement is merely a ploy to distract from his own defaults and failures.”

In the post, Young said that the US war in Iran had made the Trump brand “toxic to Australians”, something he described as “grossly unfair” on a brand that had “nothing to do with the President”. That link, he claimed, was driven by “pure sensationalism”.

There is no acrimony between the Trump family and myself, why would there be after knowing them for 19 years when no one here then even knew who Donald Trump was,” he wrote. “It is pure business. My team and I look forward to completing the project and as an old expression goes, ‘never let the truth get in the way of a good story’
 
Dupe

 
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