Trump Organization to begin Construction on Old Post Office Building Set to Begin Soon

12th and Pennsylvania Ave, NW

From a press release:

“The office of Congresswoman Eleanor Holmes Norton (D-DC) announced that in keeping with the agreement with the General Services Administration (GSA), the Trump Organization will have access to the Old Post Office (OPO) building beginning Saturday, May 31, and is expected to begin initial construction activities.

“The redevelopment of our Old Post Office building is on track, not only to tastefully transform the historic building into a unique hotel, but also to bring hundreds of jobs and millions in tax revenue to the District,” said Norton. “We have worked tirelessly for well more than a decade to get GSA to put the beautiful building to good use. The beginning of construction is the tangible reward for the city we have been working for.”

Norton said the lease is a win for the federal government, the District of Columbia and the Trump Organization. The deal requires a minimum base rent and a percentage of the revenue to go to the federal government. The District will receive $100 million in tax revenue over a 10-year period, and the project will yield 700 construction jobs and 300 permanent jobs.”

19 Comment

  • not a fan of Trump (the person)… but glad to see movement on this building. Too nice to just sit there and not have someone use it.

  • Wonder what happens when this hotel goes belly-up. Some of the major hotel chains like Starwood, Hilton and Marriott reportedly bid on this property; most of their bids were roughly the same. Trump’s bid was way above and beyond anyone else’s, because he’s apparently assuming an average room rate of somewhere around $650/night. Uh, good luck with that.

    • The Trump hotel in Chicago is constantly quoting rates $150 or more above other hotels in the city and they win all kinds of conference business. There is a market for high-end luxury in DC and no real high-end hotels to deliver it (other than Mandarin Oriental, and the location isn’t great). They will get people to pay their rates.

    • The Willard seems to do okay.

      • A room at the Willard typically runs $375/night, nowhere near what Trump thinks he can charge.

    • Four Seasons is in the $500-650 range.

  • perhaps the first time I’ve seen the word “tastefully” used in connection with Trump. I”ll believe that when I see it.

    • lukecolorado

      It’ll be super classy… 😉

    • agree Trump is the opposite of tasteful in almost every way however, I will say his hotels and condos in Chicago and New York are actually quite beautiful. His people know how to do luxury well. i agree with previous poster that he is probably looking to tap into the business traveler market rather than the tourist and will probably be able to command those prices.

  • justinbc

    Our old post office building has such a beautiful facade, it reminds me a lot of what’s described in “Going Postal”. (if there are any other Pratchett fans out there)

  • I’m just waiting for his reaction the first time Pennsylvania Avenue is closed for a parade, festival, etc.

  • This will be the greatest hotel in the history of hotels. It will make every other hotel in Washington look like a dump. They will close the White House and move the president into my hotel, because it’s the greatest.

  • Just hope the historic character – inside AND out is not altered too much.

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