Feb 28, 2012

D.C.’s Old Post Office Pavilion redevelopment: Trump moves in four blocks from the White House

Source: CNN Money 

The Donald won’t be moving into 1600 Pennsylvania Avenue. But he is taking over an historic building four blocks away.

Built in 1892-99, it is located at 1100 Pennsylvania Avenue. It is the last major example of Richardsonian Romanesque architecture to be constructed in the District of Columbia.

The Trump Organization has been named the preferred team to redevelop the Old Post Office building and annex located at 1100 Pennsylvania Avenue by the the General Services Administration. The Trump Organization has committed to investing $200 million towards the renovation.

#Pennsylvania Avenue/America's Main St, the street that joins The White House to The Capitol Building.

Donald Trump, the billionaire real estate magnate and television star who flirted to run for President last year before declining to enter the race, has proposed turning the building into a luxury hotel with more than 250 rooms, along with world renowned restaurants, a spa, and conference facilities.

Its 315 ft (96 m)-high clocktower makes the building the largest commercial building and the third tallest structure in Washington, D.C.

Current tenants of the building include the Advisory Council on Historic Preservation, the National Endowment for the Arts and the National Endowment for the Humanities. They’ll all be relocated while negotiations are held on redeveloping the building in a way that maintains the historic features of the 19th century building and maximizes future revenues to the federal government.

Visitors can also view the Bells of Congress, replicas of those at Westminster Abbey and given by the Ditchley Foundation to the United States in 1983 to celebrate the bicentennial of the end of the Revolutionary War.

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 “This redevelopment represents good business sense on behalf of the American taxpayer, the Federal Government and the District of Columbia.”

Assuming negotiations between Trump and GSA are successful, he will get a chance to start redeveloping the building starting in 2014. It is expected to to open as a hotel in 2016.

Ivanka Trump in the building this morning

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