Today's home in Denver's Polo Club neighborhood looks like it belongs to a professional athlete. it has one of the most lavish gyms I have ever seen with an adjoining treatment room that includes a Vichy shower. The five-bedroom home was built in the 1920s but was remodeled recently (it was home to the first original floating staircase in Denver). This huge home is over 18,000 square feet and has an eight-car garage.
The home's dining room and fireplace are part of the original stables. There is also a large great room with a vintage fireplace. The home includes a smoking room with an air purifier, a magnificent sunroom with marble columns, billiards room and a beautiful bookstore-like library. The home's master suite has a wet bar, fireplace, luxury bathroom and sitting room. The home is on 1.71 acres and has a driveway with radiant heat. It is listed at $6.45 million.
The issue of when and just how much of its artwork a museum can sell is one we keep seeing in the news. A planned Denver museum's plan to sell four paintings done by its namesake is causing a bit of controversy. The Clyfford Still Museum has announced a plan to sell four of the 825 paintings mean to be housed in the new Clyfford Still Museum.
The sale could raise $25 million for the museum because Still's work rarely comes up for sale. The museum will be a Clyfford Still treasure trove housing 94% of the artist's work. The Denver Post reports that the sale doesn't technically violate the American Association of Museums and Association of Art Museum Directors terms for "deaccessioning" artworks. The privately funded museum hasn't opened yet and therefore hasn't taken possession of the pieces which were bequeathed to the city of Denver when Still's widow, Patricia, died in 2005.
According to the Denver Post article the museum petitioned a Maryland county court to permit the estate to release the four works early before the formal transfer of ownership so it isn't so much deaccessioning as pre-deaccessioning. The works would be sold as a group to other museums. Once the museum owns the paintings the rules are clear that it can't sell art to boost its coffers. Although Still wanted his work to remain intact in a single collection, his wife had donated or sold several works after her husband's death, a precedent that the museum is using to justify the potential sale.
The museum ethics rules are in place to make sure that museum leaders do not sell artworks to balance budgets during crises but we've seen several university-related museums test the boundaries of these rules. The Rose Art Museum at Brandeis University threatened to close and sell off its $350 million art trove but ended up with a plan to rent them instead. More recently Fisk University in Nashville received approval to sell off a share in its Stieglitz art collection to the Crystal Bridges Museum in Arkansas.
The Four Seasons Hotel Denver is nearly completed. We've been charting the progress of this 45-story hotel and private residences building since 2008. It's finally nearing completion offering 102 one, two, three and four bedroom designs priced from approximately $ 895,000 to $7.5 million as well as a 18 floors of hotel space. The hotel will be home to nearly 1,200 original art works by contemporary Colorado artists. The collection will be on display throughout the 45-story building to create a gallery-like setting.
The collection's 1,180 pieces range from glass and stone to bronze, metal, oils, pastels, photography, giclée prints and more. The Four Seasons Hotel Denver owners worked with interior design firm Bilkey Llinas Design of Palm Beach, Florida and Denver-based LewisGraham Art Consultants on the selection of the art works.Most of the art is in public spaces on the first three floors and there will be an extensive display in Edge Restaurant on the first floor. Another substantial display of art can be found in the 16th floor Presidential Suite. Artists featured include Will Clift who specializes in large wood sculptures; Wayne Salge who makes bronze horse sculptures; Jeffrey Keith, a Denver artist who works with oils on linen and on mylar; Ana Maria Hernando, a Denver painter who works with flower imagery on paper, panel and canvas; and Trine Bumiller, a Denver artist who creates large sculptural pieces.
It's been an exciting off-season for NBA basketball this year and the players are being watched carefully. The news that Denver Nuggets star Carmelo Anthony and his TV-personality fiancee La La Vazquez have put their Littleton, Coloradohome on the market has basketball watchers talking. But according to the Denver Post, Nuggets fans have no reason to worry. He still has a year on his contract and has said his agent is negotiating for a three-year extension.
Listing agent John Fitzpatrick of The Kentwood Co. in the Tech Center speculated that the athlete may be selling to get a little closer to town. His family situation has changed since he bought the home in 2007 from Qwest exec Stephen Jacobsen, who had the estate custom built in 2002. It looks Anthony will be set to take a big loss even if he gets list price. He paid $12 million but is only asking $9.5 million for the six-acre property in the Polo Ridge Estates gated community. The property has a 21,000-plus- square-foot main house, a 5,500-square-foot barn and paddock, and a 1,600-square- foot guest house. The main home has eight bedrooms, a wine cellar, recording studio, home theater, gym and a pool.
Today's home is quite a stately mansion in Denver, Colorado. The Petrikin Estate was built in 1917-1918 and spans an entire city block. The main red brick house is a white-columned Georgian Colonial Revival and there is also a matching pool house and carriage house on the one-acre property. The Denver Post reveals that the home had a $2.5 million renovation to bring it up to its current luxurious state. The home also recently received Landmark Designation. It was once the home of William Lloyd Petrikin,the president and chairman of the Great Western Sugar Co. Today it belongs to Kiki and Peggy Vandeweghe. Kiki Vandeweghe is the former general manager of the Denver Nuggets.
The 14,000 square-foot mansion has a cigar room, parlor with beautiful woodwork that includes a pub-like bar, paneled library, formal dining room and gourmet kitchen. The lower level has a wine cellar and media room. It was listed at $8 million but now the nine-bedroom home is for sale for $6,999,750.
Today's estate is a modern home in Denver's Cherry Creek neighborhood. The contemporary home has floor-to-ceiling windows and is a light and airy rendered in stone, stainless steel and blonde wood. The four-bedroom home includes a spa, gym, massage room and an indoor heated saltwater pool. An upstairs glass bridge connects the library mezzanine to executive office and there is a home theater and a sound system.. A guest suite has a separate entrance. The home has snowmelt in exterior patios and entrance way and there is a three-car garage. This home is listed at $5.695 million.
Another hotel and condo complex is in foreclosure. The Ritz-Carlton hotel in Denver, Colorado is in foreclosure and condo units will be liquidated in a trustee sale next month according to Globe St. Goldman Sachs was the lender on the project which had sold only one of the 25 residential units.
The project's 25 residential condominiums and two ground-floor commercial condominiums will be sold as one property in a sealed-bid auction next month. The hotel and the condominium are located in what was once an Embassy Suites hotel. The condominium units are on floors 15-19 of the 38-story building with apartments above. The condos share a private owners' lobby with direct elevators, an owners' lounge and board room, and a dedicated concierge. The Globe St. article says that the location across from the Greyhound Bus station and the lack of balconies made the units a hard sell. They were once priced at as much as $800,000 to $4 million but more recently were priced from $500,000 to $3 million. The Denver Business Journal reports that Chicago lender Transwestern Mezzanine Realty Partners III's lawsuit against individual owners of downtown Denver's Ritz-Carlton Hotel will go to trial next July. Transwestern is suing Ritz owners Steve Roitman and Jim Cobb of Denver-based energy and real estate company BWAB Inc. and hotel developer Charlie Biederman for $9 million in defaulted debt on the hotel. According to the article The Ritz's Forza athletic club building and condominium component have been in foreclosure since June for nonpayment of the $28.8 million balance due on a $95 million mortgage loan.
Today's house is a lavish spreadin the Cherry Hills Village area near Denver, Colorado. The home was owned by ex-Denver Broncos head coach Mike Shanahan. Shanahan, who was the coach of the football team for 14 seasons, sold the house in January 2007 for $16 million but reportedly lived there until late last year. The home was built for him in 2000. He may be on his way to Washington D.C. to coach for the Redskins but is said to be building an even larger home in Cherry Hills Village.
The six-bedroom home is on nearly 2.5 acres of land. The home has just about every amenity in over 20,000 square feet of space. There is a large indoor Jacuzzi, a steam room, gym, wine cellar, sunroom, indoor golf area and a gourmet kitchen with a big 'S' over the range. This home is listed at $17 million.
It's not even Halloween yet but one hotel is hoping that you are already casting your eye toward New Year's Eve. The Curtis Hotel in Denver, Colorado has set up a special website, Won Night Only, to tempt bidders to take part in an eBay auction for take over the 330-room hotel for New Year's Eve 2010. The winning bidder gets food and drinks for everyone (up to 600 guests) including a cocktail reception, dinner, open bar, a late night munchie bar and a champagne brunch. A photographer will be available to document the event and the evening will include live music and a DJ. The hotel's design team will decorate the hotel for the event. Bidding on eBay is over $50,000 so far and the auction ends on Sunday.
The Chicago Spire project may be floundering but Denver's Spire is nearing completion. The 42-story Spire condo tower in downtown Denver has seen many people put down deposits for the units. The developers are offering a $35,000 credit that can be put toward the purchase price or used to buy appliance upgrades, parking or extra storage. Prices start in the low $200,000s and go up to $1 million-plus for premium residences. The more expensive units are located in the SkyClub area on the top 10 floors as well as on the ninth floor where the exercise facility, pools, hot tubs, media room and sports bar are located. Most units have outdoor decks. The $175 million project should be ready for move in by the end of next month. The project is pursuing LEED certification and will get 100 percent of its energy from wind. A sustainable dry cleaner and a Hertz rental car facility with hybrid cars such as Toyota Priuses will be onsite.
You know I have a soft spot for this issue ... I will do everything I can to put cigars between the fingers of soldiers who want them. So, when I saw this latest announcement, I was hooked.
"Cigars to the Troops" is hosting its First Annual Poker Run and Fundraiser. On Saturday, May 23, 2009, participants will stop at various locations in the Denver, Colorado area that celebrate those who have served: Fort Logan, American Legion, VFW and Armed Forces Tribute Garden (among others). The event will also include raffles, a sidewalk barbequeue and other entertainment ... including the Palma Posse Cigar Girls.
And, as you may have guessed, there will be some poker played. The best and worst hands will score a stay in Vail.
If you enter solo, the cost is $25, with couples paying $35. In addition to participating and eating, you'll get a t-shirt, cigar and raffle ticket. It's a small price to pay to have a bit of fun and support Cigars to the Troops.
Any soldier knows the importance of the small comforts that make a difficult situation easier. If you haven't served, just trust me on this one. Every cigar that winds up in the hand of a soldier who wants one will definitely appreciate it.
Real estate may be in trouble all over the U.S. but it seems like Denver is having a mini-boom when it comes to luxury condos. Last month I wrote about One Lincoln Park in the area, now 9News in Colorado reports that the Four Seasons Hotel and Residences is also going up and selling well even though condos sell for $800,000 and more. The 45-story building will include 18 floors given over to Denver's first Four Seasons Hotel. The rest of the floors will house one, two, three and four bedroom condominiums, ranging from 1,000 to 7,000 square feet. The hotel and residences are expected to be finished by spring 2010.
During the Democratic National Convention, nationwide attention focused on the growing city of Denver. I recently covered a converted loft in the city as an estate of the day. The city also has its first luxury condo tower built in the central business district in more than 25 years. The 32-story One Lincoln Park will open to residents on September 22. All residences have terraces, kitchens with slab stone countertops, hardwood floors, 10-foot ceilings and floor-to-ceiling windows. Amenities in the building include valet services, a guest suite and the Owner's Club which includes a gourmet kitchen, boardroom, terrace, infinity pool, fitness center and Pilates studio on the seventh floor.
In this time of condo dismay that has gripped the entire country and especially cities of moderate size, this one has sold pretty briskly. The Rocky Mountain News says that 144 of the 180 units in the $140 million project have sold. The remaining units range in size from 882 square feet to 4,330 square feet and are priced from $375,000 to $2.574 million.
In honor of the Democratic National Convention I thought it might be fun to check out a little Denver real estate. Today's penthouse loft is a full floor unit in the Flour Mill lofts which has views of Coors field. This has to be one of the most interesting loft conversions I've ever seen. The space features a circular kitchen with a drop ceiling, oversized brass hood and a pizza oven. The loft has over 5,300 square feet of space. The architect echoed the circular shape and dimensions of the Flour Mill's storage silos to create a series of circular spaces, Angled walls feature floor lighting and the home features exposed ceilings and brick. The loft is wired with a Denon THX surround sound system and a Lutron lighting system. The north side of the loft is currently used as office space and has three round silo rooms that could be repurposed as a mother-in-law apartment, nanny suite or guest quarters. This side also features a 300 sq. ft. balcony. The south side of the 6th Floor penthouse is given over to the owner's private quarters. It is listed at $3.25 million.Check out more pictures at the loft's property website.
With the Democratic National Convention set to hit Denver in late August, this town which usually isn't a summer destination might just be the hottest spot around. Local hotels are getting ready for the onslaught. One of the most unique is The Curtis, a hotel that blends the traditional comforts of a hotel stay with a side order of goofiness. The Curtis is a 336-room property that offers non-standard features such as in-room board game menus, interactive video art by Denver artist Gary Emrich and a 5 & Dime Store selling Orange Crush, Etch-A-Sketch and Lemonheads. The hotel has a contemporary style and each floor has a theme including the Big Hair Floor (on 9), the TV Mania Floor (14) and Dun Dun Dunnnnn! (the ominous 13th floor), where images of Jack Nicholson in The Shining and a vintage vacancy notice from the Bates Motel cast a chilling scene. The usual amenities are here too including flat-screen TVs, wireless internet access and iPod and MP3 speaker systems in the rooms. The hotel has a business center, fitness center, and the hotel's signature restaurant, The Corner Office, offers "global comfort food" in a funky retro setting. It looks like they are already booked for the convention but otherwise rates start around $160 per night.