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09/10/2013 04:11 pm ET

Donald Trump's D.C. Hotel Plans: The Old Post Office Will Become Luxury Hotel With Bulletproof Windows (PHOTOS)

Real estate developer Donald Trump, center, his daughter Ivanka Trump, executive vice president of development and acquisitio
Real estate developer Donald Trump, center, his daughter Ivanka Trump, executive vice president of development and acquisitions at Trump Organization LLC, and his son Donald Trump Jr., left, walk outside the Old Post Office Pavilion following a news conference in Washington, D.C., U.S., on Tuesday, Sept. 10, 2013. The Trumps announced the signing of an agreement with the U.S. government to turn the historic building into a $200 million luxury hotel, according to the Washington Post. Photographer: Julia Schmalz/Bloomberg via Getty Images

The Donald and his children were in the nation's capital on Tuesday presenting plans for The Old Post Office, an historic building on Pennsylvania Avenue that will be turned into a $200 million luxury hotel.

The hotel will feature spas, restaurants, conference facilities, a massive atrium and lobby and 270 rooms that hotel analysts say could cost $700 -- or more -- per night, according to the Washington Post. (A Trump spokesperson told HuffPost rates will be set closer to the 2015 expected opening date).

Two 3,000-square-foot Presidential suites will feature fireplaces, two-person showers and bulletproof windows.

Check out the renderings:

PHOTO GALLERY
Trump International Hotel, The Old Post Office, Washington, D.C.

The federal government signed a 60-year-lease with Trump for the 114-year-old building that has come close to demolition twice over the years and is the second-tallest structure in Washington, after the Washington Monument.

D.C. Mayor Vincent Gray -- who was in attendance, along with Rep. Eleanor Holmes Norton (D-D.C.) and members of the D.C. Council -- touted the project's projected economic benefits: 700 construction jobs over 18 months of construction, 300 permanent jobs and $100 million in tax revenue generated over a 10-year period.

According to the Washington City Paper, Trump touted his deep pockets as a reason he was chosen for this project.

"Cost is no object, 'cause if it were, I wouldn't do it," he reportedly said. "There are other ways to make a buck."

Indeed, Trump and his daughter, Ivanka, and sons Don Jr. and Eric flew into Washington on their private jet (if Instagram is to be believed) for the presentation:

A post shared by Ivanka Trump (@ivankatrump) on

HuffPost

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PHOTO GALLERY
Old Post Office Pavilion
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