SOURCE: Trump Hotel Collection

Trump Hotel Collection

August 05, 2013 18:23 ET

Trump Organization Finalizes Agreement With GSA for Trump International Hotel, the Old Post Office Building, Washington, D.C.

WASHINGTON, DC--(Marketwired - Aug 5, 2013) - Today, The Trump Organization finalized its deal with the U.S. General Services Administration (GSA) on plans to redevelop the iconic Old Post Office Building on Pennsylvania Avenue in Washington, D.C. now that Congressional review has finished. Donald J. Trump's wholly owned company, the TRUMP HOTEL COLLECTION, is planning a $200-million redevelopment of this national landmark into a super-luxury hotel. The property will be managed by the award-winning TRUMP HOTEL COLLECTION as the new Trump® International Hotel, The Old Post Office Building, Washington, D.C. Construction is scheduled to begin in Spring 2014, with an anticipated grand opening at the end of 2015.

"The Trump Organization may be New York based, but they have been working with us here in the Congress in great anticipation of developing a hotel in the nation's capital since winning the competition required by our bill, the Old Post Office Redevelopment Act. I look forward to continuing this relationship as the project proceeds, to provide the nation's capital with a trophy hotel, bringing revenue for the federal and D.C. governments alike, and jobs for D.C. residents," said Congresswoman Eleanor Holmes Norton.

Added Donald J. Trump, president and chairman of The Trump Organization, "This is an exciting moment in the TRUMP HOTEL COLLECTION history. We are thrilled to move forward with our plans to transform one of the nation's most iconic landmarks into the world's finest hotel. It is a responsibility we do not take lightly. The Trump Organization is committed to preserving the architectural integrity of The Old Post Office while creating a hotel that will be peerless both in its amenities and design, and I look forward to sharing details of that design in the weeks to come."

In February 2012, The Trump Organization was selected by the GSA as the preferred developer of The Old Post Office, in what was the most sought-after hotel redevelopment opportunity in the country, based on the strength of its development team, vision for the property, long-term potential for the local community, and dedication to the preservation of the historic structure.

Seen as a generational asset by the Trump family, the redevelopment plan will infuse the building with new life. Plans for Trump International Hotel, The Old Post Office Building, Washington, D.C. include the highest-caliber features and amenities -- with more than 270 expansive guest rooms, penthouses and presidential suites; world-class restaurants, a café, and a bar and lounge; extensive banquet, ballroom and meeting facilities; a 4,000-square-foot Mar-a-Lago Spa by Ivanka Trump; and a library -- as well as a curated museum, exhibition gallery, and indoor and outdoor gardens. Once completed, Trump International Hotel, The Old Post Office Building, Washington, D.C. will raise the bar in global luxury hospitality.

More information is available online at http://www.trumphotelcollection.com/washington-dc/.

About TRUMP HOTEL COLLECTION

Launched in October 2007, TRUMP HOTEL COLLECTION™ is the next generation of luxury hospitality - one that is raising the bar in the top-tier travel experience with a level of customized service unrivaled in the market today. Presided over by internationally renowned developer Donald J. Trump and his three grown children -- Donald Jr., Ivanka and Eric -- the prestigious portfolio includes the highly acclaimed Trump International Hotel & Tower® New York, Trump International Hotel & Tower® Chicago, Trump International Hotel™ Las Vegas, Trump International Hotel™ Waikiki Beach Walk®, Trump SoHo® New York, Trump Ocean Club® International Hotel & Tower Panama, Trump International Hotel & Tower Toronto®, and Trump National Doral® Miami. Trump® International Hotel, The Old Post Office Building, Washington, D.C. and Trump International® Hotel & Tower Vancouver are slated to open in 2016. Reservations can be made at www.TRUMPHOTELCOLLECTION.com or by calling (855) TRUMP-00 (878-6700). TRUMP HOTEL COLLECTION is headquartered at Trump Tower, 725 Fifth Avenue, New York, NY 10022. Connect with TRUMP HOTEL COLLECTION on its social media pages.

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