Donald Trump to Open Hotel in D.C.

Will take over historic Old Post Office Pavilion

Donald Trump and his daughter Ivanka Trump today unveiled plans to spend $200 million turning the historic Old Post Office Pavilion in the nation's capital into a luxury hotel with 270 rooms and presidential suites with bulletproof windows.

Trump International Hotel, Washington D.C. will take up a prime location on Pennsylvania Avenue in between the U.S. Capitol and the White House. Construction will begin in the spring of 2014 and is expected to be completed in late 2015.

D.C. Mayor Vincent Gray (D) told the audience at the Pavilion that the neighborhood in downtown D.C. has a shortage of hotels despite having plenty of museums, historic landmarks, federal buildings and offices to draw business and leisure travelers.