Get ready, D.C. The Trumpification of our city begins tomorrow when Donald Trump and his Trump Organization take control of the Old Post Office building.

Per Trump's deal with the General Services Administration, the historic 114-year-old building on Pennsylvania Avenue will turned into a 260-room high-end hotel, which will also feature a spa, conference facilities, restaurants, and a museum remembering the building's history. The renovations will cost $200 million.

In a statement, Congresswoman Eleanor Holmes Norton (D-D.C.), who passed the Old Post Office Building Redevelopment Act in 2008 in order to get the GSA to redevelop the building, said that 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." She added that "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.

When the Trump Organization will have access to the building tomorrow, they'll begin construction on it, which will reopen as a hotel in 2016. The lease of the building is between D.C., the federal government, and the Trump Organization. According to a release, D.C. will get "$100 million in tax revenue over a 10-year-period, and the project will yield 700 construction jobs and 300 permanent jobs."

Let's just hope Trump keeps his reality shows in New York.

The rest is here:
Trumpification Of D.C. Begins Tomorrow

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May 31, 2014 at 12:46 am by Mr HomeBuilder
Category: Office Building Construction