The Trump Organization will take possession of the landmark 1899 post office tower on Pennsylvania Avenue in Washington, DC this Saturday, beginning a 60-year lease from the General Services Administration that will see Trump invest $200 million to turn the property into a luxury hotel. Donald J. Trump, president and chairman of The Trump Organization, first unveiled plans for the redevelopment last September, and plans to have the project completed in time for the 2017 presidential inaugural parade. The main building will have 271 rooms — prices to be determined — including two "presidential" suites in the former postmaster general's office, 3,600 and 5,000 square feet in size, according to a New York Times article.
"Trump International Hotel, Washington D.C. will be, when completed, one of the finest hotels anywhere in the world. The building itself, which is totally irreplaceable, is going to be brought back to far beyond its original grandeur. People of this country will be particularly proud of the new ballroom – it will be large and magnificent. With carefully articulated luxury features and amenities, an unrivaled location on 'America's Main Street' and iconic architectural character, it will be unlike any other hotel in the market today. It will be a building of which our whole nation will be very proud!" declared Donald J. Trump.
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