Bankrupt billionaire, windbag and horrible-haired developer Donald Trump has announced that he will open his first property in the nation’s capital.
What makes this property stand out against a number of his other monstrosities is it actually looks, well, classy. Or at least the pictures released to show his plans do.
Donald and Ivanka Trump are looking to spend $200 million
The Donald and his daughter Ivanka Trump are looking to spend $200 million to restore the historic Old Post Office Pavilion into a 270-room luxury hotel with Presidential Suites featuring bulletproof glass.
It almost goes without saying that the hotel will bear his name; it will, and will be called Trump International Hotel, Washington D.C. The hotel will be located on Pennsylvania Avenue in between the U.S. Capitol and the White House. Construction is slated to begin in the early spring of 2014 and should open before the Christmas holidays in 2015.
Trump is leasing the property from the Federal Government for 60 years with the possibility of two 20-year extensions at a monthly rent of $250,000.
The building is something you can never recreate: Trump
“The building is something you can never recreate,” said Trump in an interview after the press conference. The building has had a storied history over the years with calls for both its renovation and its demolition. The area that it occupies is rich with museums and sites for the seeing, but lacks a strong presence of available hotel rooms, something Trump looks to change.
“The design juxtaposes the strength and masculinity of the building with gentler touches,” Trump said. No, not that one, that’s far too intelligent, that quote comes from Ivanka.
In Donald’s infinite hubris he said the property would be “by far the best hotel in Washington. There won’t be anything close.” These comments came when he was asked about pricing, something he has yet to decide, given that “The world can change, either good or bad.”
The two presidential suites sound like no other in the area, and will be constructed from the former offices of the Postmaster General. Each will be at least 3,000 square feet and have three bedrooms. They will have 16-foot ceilings, fireplaces, a separate dining room with pantry and service entry, his and her walk-in closets, a private sauna and steam room, two-person shower and direct elevator access.
“We are going to do something that is really going to bring out the grandeur of the building,” he said.
Pictures and further details can be found here courtesy of USA Today.