Tuesday, September 12, 2006

Luxury High Rise Coming?

DENVER-Toronto-based Great Gulf Group unveiled plans for a 55-story, $165-million luxury condo project on a 25,000-sf site at 14th and Lawrence streets, at the edge of LoDo. The development, which would be one of the tallest buildings Downtown, would be constructed across the street from the proposed Four Seasons hotel. It is the first development by Great Gulf in Denver.
"Denver is experiencing a renaissance," says Gary Switzer, executive vice president for Great Gulf Group. "We are committed to designing an elegant living community that enhances the city's already vibrant growth."
The tower will be solely private residences, although amenities and services will be on the level of a five-star hotel including a doorman, concierge, valet parking and an on-site recreational director to name a few. Units are expected to range from 1,200 sf to 7,000 sf. Most suites will average between 1,600 sf to 3,200 sf. Limited to no more than five units per floor, prices will start in the mid-$500,000s. Each unit will feature an individual private balcony. "We'll have a small amount of retail on the ground floor," says Switzer. For info on other developments go to www.ColoradoDreamHomes.net

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