Hospitality Career E-Mag: NEWS | TRUMP HOTEL COLLECTION Selected by GSA as Preferred Developer of the Old Post Office Building, Washington, D.C.

TRUMP HOTEL COLLECTION™ today announced that it has been selected by the U.S. General Services Administration (GSA) as the preferred selected developer of the most sought-after hotel redevelopment opportunity in the country: Washington, D.C.'s iconic Old Post Office Building. "The physical beauty of The Old Post Office, coupled with its unrivaled location on Pennsylvania Avenue, affords us the ability to accomplish just that.
" "The selection of the TRUMP HOTEL COLLECTION is a tremendous validation of our plan for the highest and best use of this historic building and the hard work of our organization. The GSA ran an extensive process and we are extremely honored to have been selected," explained Donald J. Trump, chairman and president. Under its proposal, the TRUMP HOTEL COLLECTION will be sponsor, investor, developer, brand and operator, making it possible to shepherd the building through every stage of concept, redevelopment and operations. Colony Capital partnered with Trump on the proposal and will co-invest in the project. "We are delighted to team with The Trump Organization to redevelop this historic American landmark while preserving its grandeur and elegance," said Thomas J. Barrack Jr., chairman and chief executive officer of Colony Capital LLC. "As long-term investors in hospitality, we share the GSA's vision for transforming this iconic property into one of the finest destination hotels in the country. We look forward to working with the Trump Organization and GSA to make the redevelopment a reality." "We are extremely honored and committed to making this the finest hotel in the country, if not the world," stated Ivanka Trump, executive vice president of development and acquisitions, who led the nearly year-long process. Donald Trump continued, "The physical beauty of The Old Post Office, coupled with its unrivaled location on Pennsylvania Avenue, affords us the ability to accomplish just that." 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, Washington, D.C. include the highest-caliber features and amenities – with more than 250 expansive guest rooms, penthouses and presidential suites; world-class restaurants, a café, and a bar and lounge; extensive banquet, ballroom and meeting facilities; The Spa at Trump®; and a library – as well as a curated museum, exhibition gallery, and indoor and outdoor gardens – all preserving the integrity of the historic structure.

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