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

Ex-CIA Officer: Snuff Out ISIS With US Bombs, Syria, Iraq Troops

Saturday, 20 Sep 2014 15:49 PM

If we really want to defeat ISIS, we need a strategy of half measures – inflict some pain from the air and train and equ . . .

Fire Captain Injured in Ice Bucket Challenge Dies

Saturday, 20 Sep 2014 14:07 PM

A central Kentucky firefighter injured in an ice bucket challenge has died a month after a power line shocked him and  . . .

Pomp, Little Action Expected at UN Climate Summit

Saturday, 20 Sep 2014 12:43 PM

More than 120 world leaders will convene for a U.N. climate summit. Environmentalists will take to the streets in what i . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

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