Denver Real Estate and Community News » Downtown Denver

Million-Dollar Denver Condo Sales Up 29%

kentwoodcity — Fri, 27 Jan 2012 19:15:23 +0000

CONDO CONFIDENTIAL:

Year over year, million-dollar-and-over Denver condo sales rose 29% in Denver during 2011, according to Metrolist data for the city and county. A total 27 sales hit the seven-figure range, up from the previous year’s 21. And despite historic low interest rates, 70% of the sales were cash.

Amounting to less than one-tenth of one percent of Denver’s 2711 condo sales for the year, and costing up to $913 per square foot, compared to the average $151, what other than high prices do these properties have in common?

Location-wise, all but two of them were either in downtown (Lodo and Riverfront) or Cherry Creek. One in the Highlands, another at City Park also made the cut.

Almost half of them had garage parking for three or more cars, with top honors going to a Larimer Place condo with parking for five (worth perhaps a quarter-million dollars in the core of downtown).

Some 63% of them had four or more baths. One had seven, another eight. Seventy percent of them were built within the last 10 years, and 67% of them had finished square footage over 3000, the largest weighing in at 7589.

A third of them were 2-story townhomes, the remainder, by and large penthouses sitting on a roof or occupying the building’s top floor.

On average, these properties were on the market eight months and sold for 87% of asking price, compared to four months and 94% for the average Denver condo.

So what do these high-end properties look like? For pictures, email Ken Miller, at kenm@kentwoodcity.com. Ken has specialized in Denver condos since 1990.

Mid-Rise Residential Buildings Offer An Alternative To Their High-Rise Counterparts

admin — Thu, 08 May 2008 03:43:14 +0000

On Thursday, May 1st Opus Development and Kentwood City Properties hosted a fabulous buyer event at the Wynkoop Residences. Despite inclement spring weather over 100 people came to the job site to find out more about this fantastic development going up in LODO.

http://www.bizjournals.com/search/results.html?Ntt=%22Jim%20Theye%22&Ntk=All&Ntx=mode matchallpartial

Great Gulf unveils plans for 51 story condo building at 14th and Lawrence

admin — Wed, 20 Jun 2007 18:16:46 +0000

Great Gulf yesterday unveiled plans for their 51 story residential tower behind Larimer Square in downtown Denver. Construction is scheduled to begin next year.

Yesterday’s ground breaking occured at the project site, where construction has already begun on the project sales center.

Artist Dale Chihuly will create original art work for the building.

The project is located across the street from the planned four seasons hotel.

go to www.1401lawrence.com to register for more information on the project.

Experience Downtown Denver at Avenue Lofts

admin — Sat, 09 Dec 2006 13:47:47 +0000

Avenue Lofts is one of many historic Denver buildings to get a whole new life through renovation. Located at 18th and Downing, this building features the exposed brick and architecture of the original building, and all the conveniences of a newer building in one.

Best of all, if you live at Avenue Lofts, you can really take in uptown and downtown Denver. You’ll be near the the 17th Avenue restaurant district, and close to the 16th Street Mall downtown where you can enjoy shopping and dining on every block. You can also visit Denver Pavilions to catch a movie, visit the Virgin Megastore or grab some pasta at Maggiano’s. You’ll also be close to the Qwest building, Denver’s tallest skyscraper and down the road from Coors Field. The building is even located just a couple of blocks from the Lightrail station at 18th and Stout, so you can venture out beyond the downtown area without gassing up your car.

To find out more about Avenue Lofts, visit www.kentwoodcity.com.

Denver Dry Lofts, Where It’s At

admin — Sat, 25 Nov 2006 07:52:25 +0000

Denver Dry Lofts is easily one of the most desirable locations in town. Located just off the 16th Street Mall, living here means you’ll be in the center of all the downtown fun. Grab a Starbucks without leaving your building and get your hair done downstairs at the Aveda Institute before you head out along the mall to catch a movie at Denver Pavilions, have a delicious family-style pasta dish at Maggiano’s, grab a drink at Cyote Ugly and then bowl the night away at Lucky Strike. All these cool places are just steps away, and if you don’t feel like walking, you can always hop on the free Mall Shuttle that runs on 16th Street.

You can also enjoy easy access to Lightrail, bike paths, the Denver Center for Performing Arts, Coors Filed and the Pepsi center. You’ll really be at the center of the action.

For more information about Denver Dry Lofts, visit www.kentwoodcity.com.

Ice House Offers Cool Downtown Denver Living

admin — Sat, 25 Nov 2006 07:30:27 +0000

Ice House began as a turn-of-the-century creamery in downtown Denver and was built with industrial design and function. This building, with skilful and beautiful masonry work, was a fully functional cold storage warehouse for eighty years.

Today, this 90-unit project features sunny living spaces, roof decks, unobstructed views of the mountains and city, timber and concrete construction and warehouse architecture. Ideally located right downtown, living at Ice House means you can take advantage of some of the best restaurants, shopping, and nightlife that Denver has to offer. You’ll be right next door to Union Station, so you can watch the trains and enjoy the ease of Lightrail too.

To find out more about Ice House, visit www.kentwoodcity.com.

St. Luke’s Lofts Puts You Steps from some of Denver’s Best Restaurants

admin — Thu, 16 Nov 2006 02:37:15 +0000

Developed by Fullerton & Co and completed in 2002, St. Luke’s Lofts is a seven-story building containing 41 units. St. Luke’s Lofts, located in Uptown, puts you steps away from some of Denver’s best restaurants. From its location on Washington Street, you’ll be just a couple of blocks from 17th Avenue, knows as “restaurant row” for it’s fantastic eateries. You’ll also be able to take advantage of your close proximity to Downtown Denver and the 16th Street Mall. You can catch the free Mall Ride on 16th street, just a few blocks away, and visit LoDo, Larimer Square, and all the other fun areas downtown without ever having to worry about parking. Named for the St. Luke’s Hospital, which used to occupy several blocks in Uptown, St Luke’s Lofts offers you modern convenience and style just steps from al the fun.

To find out more about St. Luke’s Lofts, visit www.kentwoodcity.com.

Turn-of-the-Century Denver Building Gets Tasteful Renovation

admin — Fri, 10 Nov 2006 04:47:25 +0000

Built in 1897 and renovated in 2001, this beautiful building is now four charming condos. Located in Uptown, one of Denver’s most happening neighborhoods, Bergschrund Lofts puts you near some of Denver’s most popular restaurants and nightspots. You can walk to concerts at the Fillmore or Ogden theaters, dine on authentic Mexican cuisine at Las Delicias, or learn some Colorado history at the Molly Brown House.

You’ll never need to worry about driving because you’re on the same block as the Lightrail station and only a few blocks from the 16th Street Mall Ride, which can take you to all the great places downtown. You’ll be so close to everything that you can enjoy the convenience of two of Denver’s coolest communities.

To find out more about Bergschrund Lofts, visit www.kentwoodcity.com

Denver Governor’s Park Neighborhood Mixes Colorado History with Modern Living

admin — Thu, 09 Nov 2006 04:13:36 +0000

Governor’s Park is one of Denver’s most interesting neighborhoods. The anchor of Governor’s Park is the beautiful Governor’s Mansion at 400 E. 8th Ave. Built in 1908, this Georgian Revival style mansion was deeded to the state in 1959. Since then, every Colorado state Governor has lived in the mansion with only one exception, Bill Owens. It’s very possible that recent governor-elect Bill Ritter will be occupying the mansion during his term. There are many special events held in the mansion and free tours are available during the summer. The neighborhood features a mixture of single-family homes, apartments, lofts and condos and gorgeous historic mansions.

In interesting Colorado Governor facts, the city of Denver was named after Kansas Territorial Governor James Denver. He wasn’t particularly thrilled with the namesake because, at the time, Denver was just a dusty frontier town. John Long Routt became the first Colorado Governor in 1876 when Colorado became a state.

Today Governor’s Park is home to many great restaurants, coffee shops, retail, salons and more. It’s also just a short distance from Downtown and the popular Golden Triangle area, home to new buildings like the Beauvallon and the Prado.

Many lofts are available in the buildings within the Governor’s Park neighborhood. Most are affordable units in buildings like Lido, The Lanai, Governor’s Park Condos, and Florentine. These buildings offer balconies with pretty views, secure parking, and some have great building amenities like pools or fitness rooms.

For more information on the lofts and condos in Governor’s Park, visit www.kentwoodcity.com

Denver’s Skylofts, an Award Winning Renovation

admin — Sat, 04 Nov 2006 03:09:45 +0000

Skylofts began its life as an office building and parking garage in 1985. The building was never fully occupied and finally, it’s lender sold it to a group of developers who aimed to convert the structure into lofts. Skylofts is such an impressive renovation that OZ Architecture was given a Merit Award by the AIA North Colorado chapter for their renovation of the upper floors of this one-time office structure into 37 condos.

The first units were occupied in 1996, almost two years after the first reservations were taken. Most units have spectacular balconies that give residents views of the mountains or the Downtown Denver skyline.

To find out more about Skylofts, visit www.kentwoodcity.com.