Donald Trump and his daughter Ivanka Trump unveiled plans to spend US$ 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 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. He said the Trump hotel will help "us to define what the hotel industry, what the hospitality industry will be on this side of Pennsylvania Avenue." The Post Office, built in 1899, has been the source of much consternation among local politicians and activists. There have been multiple attempts to demolish it. Right now, it houses a few nondescript shops and fast food eateries. "They have put to rest the saga of the Old Post Office Pavilion," said Del. Eleanor Holmes Norton (D-D.C.), who added that she has spent 15 years trying to get the property redeveloped. 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 US$ 250 thousand. The hotel's 270 rooms will average about 56 square meters. The color palette will feature Federal blues, creams and ivories with soft gold and silver accents and some deep reds. Two presidential suites will be located in the former offices of the Postmaster General. Each will be at least 279 square meters and have three bedrooms. The now-closed 11th Street pedestrian entrance on Pennsylvania Avenue will be reinstated as the driveway to the hotel's canopied grand entrance. Inside, guests will walk into The Cortile, a nine-story atrium with a grand lobby and lounge. Sunlight will filter through a canopy of trees. Furnishings will be in rich jewel tones such as deep red, emerald and sapphire with gold accents. There will be a water sculpture and brass and glass chandeliers. The ground level will also have high-end restaurants and retailers.

On April 21 billionaire Donald Trump will visit Georgia, told Silk Road Group representative during his interview to News-eorgia. The purpose of the visit is a presentation of Trump's Batumi new project. As we reported earlier, on March10th last year, during the visit of Georgian President Mikheil Saakashvili to New York, the Trump Organization and the Georgian company Silk Road Group signed a protocol of intent to develop two Trump managed skyscrapers in Georgia, one in Batumi and another in Tbilisi. The start of construction is scheduled in 2013 and would be overseen by the Silk Road Group, one of the largest private investment companies in the region and the Trump Organization partner for the project. The deal, which the partners estimate about US$ 250-300 million, calls for two projects. The Trump Tower in Batumi would be a part of a planned by Silk Road complex that includes a casino, an exhibition hall and a marina. The residential buildings will each contain 100 apartments and rise nearly 40 stories - average by New York standards, but nearly twice the size of the republic's tallest structures.

As reported by news.yahoo.com, the 70-story Trump tower opened in Panama City this week. The tallest building in Latin America, soaring 284 meters into the sky, is a resort and residential address that added to a real estate boom in Panama. The Trump Ocean Club reflects "the modern sensibility of the new generation of luxury travel," the company said in an invitation to the inauguration of the resort, where the cheapest room costs US$ 300 per night and homes sell for US$ 250 thousand to US$ 1 million. With an investment of US$ 430 million, the resort designed by Colombian architecture firm Arias Serna Saravia is home to 47 suites, 37 elevators, a spa, marina, casino and an island with a private beach. It also boasts a 900 square meter terrace with an oceanfront pool, personalized butler service and a convention center stretched across 4,200 square meters. The city's real estate boom has turned the capital of Panama into a "mini Dubai" of sorts, mirroring the wealthy Gulf city's skyscrapers and monumental buildings. With the Trump tower, Panama is now home to the three tallest buildings in Latin America. Both "The Point," which stands at 67 floors or 266 meters high, and "Ocean Two," which is just 20 meters shorter, opened this year.

Recently Chairman of the administration of the President of Georgia reported about construction of high class residential complexes by American magnate Donald Trump. The protocol of intent between the Trump Organization and the Georgian building company Silk Road Group has been recently signed during the visit of Georgian President Mikheil Saakashvili in New York, where he attend the UN General Assembly Session. According to Executive Vice President of Trump Organization, Michael Cohen, they intend to build complex with unique architecture, interior design and comfort. Construction site for the future complex in Tbilisi is likely was selected during the Cohen's July visit to Georgia. Preliminary intentions of Trump Organization consists construction of housing both in Tbilisi and Batumi. It is interesting to note, that house prices in Georgia today, the lowest in the region and in terms of investment attractiveness, this project raises some doubts. However, the Government of Georgia makes every effort to create a more attractive environment for investments in the country and it is likely to succeed today.