Australia’s Trump Tower plans scrapped as developer says brand has become ‘toxic’ | CNN

Plans to build Australia’s first Trump Tower have been scrapped just three months after being 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. One petition aiming to stop the project garnered more than 140,000 signatures, with the organizer telling CNN in February that she was looking for a way to express her opposition to “anti-immigrant violence” and “social division” in the US. In a LinkedIn post Tuesday, the Altus CEO called the backlash to the Trump Tower “grossly unfair” but