Trump unveils $200 million plan to convert D.C. landmark into hotel

Mon Aug 5, 2013 11:37pm EDT

A guard passes a doorway in the foyer of the old Post Office building in Washington, D.C. July 10, 2012. REUTERS/Kevin Lamarque

A guard passes a doorway in the foyer of the old Post Office building in Washington, D.C. July 10, 2012.

Credit: Reuters/Kevin Lamarque

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(Reuters) - The Trump Organization said it is planning a $200 million redevelopment of the iconic Old Post Office Building in Washington, D.C., into a luxury hotel.

Donald Trump's company said it finalized a deal with the U.S. General Services Administration to redevelop the national landmark on Pennsylvania Avenue now that a Congressional review has been completed.

The company said it would start construction on the new Trump International Hotel next spring and expects the hotel to open by the end of 2015.

(Reporting by Vijay Vishwas in Bangalore; Editing by Chris Gallagher)

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Comments (3)
Bloodyheck wrote:
nice that you can spend $200 million after declaring bankruptcy and stiffing all your previous creditors..WHY is the GSA doing business with him?

Aug 06, 2013 11:06am EDT  --  Report as abuse
gregbrew56 wrote:
Heaven forbid that “the donald” would provide for people at the other end of the income spectrum that simply need a roof over their heads. Silly me…there’s no profit in it.

Aug 06, 2013 12:26pm EDT  --  Report as abuse
JimVan wrote:
For the iconic Ugly American to build his own DC monument is a chilling thought. Will his redevelopment of a national landmark be done in good taste? His track record suggests otherwise with “gaudy” and “wretched excess” as his hallmarks.

Aug 06, 2013 6:13pm EDT  --  Report as abuse
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