Tags: donald. trump | dc | post | office | hotel

Trump to Turn Old DC Post Office Into Luxury Hotel

Image: Trump to Turn Old DC Post Office Into Luxury Hotel

Thursday, 06 Jun 2013 12:02 PM

By Courtney Coren

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Donald Trump has struck a deal to turn the historic Old Post Office building in Washington, D.C. into a new luxury hotel just blocks from the White House, CNN reports.

The deal was sealed between the real estate and entertainment billionaire and the General Services Administration on Wednesday. It calls for Trump to redevelop the old building on Pennsylvania Avenue, which is now used as government office space, into a fancy hotel complex, complete with restaurants, conference facilities, and a spa. The agreement allows him to lease the property for 60 years.

Urgent: Is Obama Telling the Truth on IRS, Benghazi Scandals?

The challenge for Trump, the GSA said in a statement, would be to preserve and enhance the 114-year-old building's historic features. The cost of the project is expected to run about $200 million.

"It is a great honor and privilege to be given the responsibility of transforming one of our country's most important landmarks into what will be one of the great hotels of the world," Trump said in a statement.

The agreement is still subject to congressional review, but if all goes according to plan the redevelopment project would begin in 2014 and open sometime in 2016.





© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Giuliani, King, Maloney Join Protest at Met Over Opera

Monday, 20 Oct 2014 19:35 PM

Politicians including former New York Mayor Rudolph Giuliani and Reps. Carolyn Maloney and Pete King have joined a crowd . . .

Leahy Asks Comcast to Pledge Not to Add Internet 'Fast Lanes'

Monday, 20 Oct 2014 19:24 PM

Sen. Patrick Leahy on Monday asked Comcast, the nation's largest provider of broadband Internet service, to promise not  . . .

Mark Steyn: GOP May Win Elections, but Liberals Control US

Monday, 20 Oct 2014 19:21 PM

Columnist and author Mark Steyn said Monday that even if Republicans win big in the midterm elections, the more conserva . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved