Trump Wins Old Post Office Bid
The Trump organization has been chosen by the General Services Administration to redevelop the Old Post Office building at 12th & Pennsylvania. The historic property will become a 250 room luxury hotel with world renowned restaurants, spa and conference facilities. A number of federal agencies, including the National Endowment for the Arts, the National Endowment for the Humanities, and the Advisory Council on Historic Preservation will relocate prior to the start date of development for the two year project, which is expected to begin sometime in 2014.
The next step in the process will be Trump's negotiation of the redevelopment agreement, factoring in historic preservation requirements, and the figure the federal government will receive.
Read more at http://www.susanisaacsre.com/cooldcre-real-estate-blog.html
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