Trump Organization signs deal for billion-dollar skyscraper on Australia's Gold Coast

The Trump Organization signed an agreement to build a $1 billion skyscraper on Australia's Golden Coast, the company announced on Friday.

The $1.06 billion building will rise 91 floors in the Australian state of Queensland, the Trump organization said in an announcement. The building will feature a "six-star resort-hotel" with 270 apartments as well as assorted shops and a beach club, said local developer Altus Property Group.

"Australia’s tallest building will be a Trump Tower, right in the middle of Surfers Paradise ...