Last month, the GSA selected the Trump Organization to breathe life into the historic Old Post Office at 1100 Pennsylvania Avenue, the iconic building begun in 1892 that now stands as the tallest building (Washington Monument excepted) in the city. The building survived at least two attempts to raze it, ironically for lack of money to do the job, but the Bush administration made its redevelopment a priority, and the result was pressure on the GSA that resulted in the current plan.
In the works is a 250-room Trump hotel with restaurants and a spa, replacing what has been federal office space and seldom-visited food and retail court. Construction could commence in in 2014 with completion in 2016. "The Trump Organization plan will preserve the historic nature of the building and improve the vitality of Pennsylvania Avenue, said Robert Peck, GSA's Commissioner of the Public Buildings Service said in a statement.
Washington D.C. real estate development news