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Trump Tower Surfers Paradise Cancelled After Altus Default, 142k Oppose

5/13/2026

23 2 Full Breakdown

Summary

Story summary

The Trump Organisation said the $1.5 billion, 91-storey Trump Tower in Surfers Paradise will not proceed because Altus Property Group failed to meet its obligations.
Opposition petitions against the proposed tower have amassed more than 142,000 signatures, showing strong public resistance.
A separate petition urging approval of the tower gathered about 3,600 signatures.
The Gold Coast council has not received a development application for the site.

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Story summary

The Trump Organisation said the $1.5 billion, 91-storey Trump Tower in Surfers Paradise will not proceed because Altus Property Group failed to meet its obligations.
Opposition petitions against the proposed tower have amassed more than 142,000 signatures, showing strong public resistance.
A separate petition urging approval of the tower gathered about 3,600 signatures.
The Gold Coast council has not received a development application for the site.