Based on the remarkable success of Four Seasons Hotel Denver and a recent refinancing of the entire project, and as part of a long-term strategic plan to make the residential element as successful as the Hotel, new pricing has been unveiled effective immediately.
Pricing is now at levels not seen in Denver for many years. In a move that significantly changes the luxury market in Denver, many prices have been reset to almost half of where they had been previously. Spacious two bedroom homes are now priced starting below USD 800,000 and the incredible half-floor Estate homes have seen their prices reduced by as much as USD 3,000,000. Examples of current pricing include:
-- A two-bedroom 3,011 sq.ft., 22nd floor Maroon Bells floor plan: USD 1,643,900
-- A two-bedroom 1,951 sq.ft., 33rd floor Ellingwood floor plan: USD 999,900
-- A four-bedroom plus den 5,193 sq.ft., 42nd floor Capitol floor plan: USD 4,850,000
This new pricing structure enables potential buyers to attain the unique Four Seasons way of living, at a price that is comparable or less than buildings without many of the services or amenities provided by Four Seasons.
"We are intentionally pricing these homes at incredible values in order to create a compelling reason for people to buy now," said Chris Norton, CEO of Fingerprint Strategies, the firm managing the sales and marketing of Four Seasons Private Residences Denver. "We will only sell 30 homes at these prices before we start to move prices back up to reflect the current reality of the Denver market. After very few sales over the past 15 months, we already have twelve units under contract in the past week, so clearly this as an extraordinary opportunity."
Four Seasons Hotel Denver has experienced higher-than-projected occupancy rates, and great demand for its meeting and event space. In addition, the on-site restaurant, EDGE Restaurant & Bar, and The Spa at Four Seasons continue to be a prime revenue source for the building. More residents living on property will ultimately contribute to the success of the Hotel, EDGE and The Spa, ensuring overall success for the entire property.
For more information about Four Seasons Private Residences Denver, 1133 14th Street, call 720-946-3939 or toll-free 888-877-4081, or visit www.nowthisisyourtime.com.