Donald Trump will be converting a historic building on Washington's Pennsylvania Avenue into a 250-room luxury hotel.

The federal government announced Tuesday that the Trump Organization has been selected to redevelop the Old Post Office Pavilion.

The Old Post Office was completed in 1899 to house the U.S. Post Office headquarters and the city's post office. It boasts a 315-foot clock tower, which is the second-tallest structure in the nation's capital after the Washington Monument.

The General Services Administration began soliciting proposals to redevelop the property after declaring it underutilized. It houses a food court and shops that cater largely to tourists.

The GSA says Trump will preserve the building's historic features while converting it into a hotel with restaurants, a spa and conference facilities.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

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