Nathan MacKinnon paid $100,000 more for it in 2019 when he bought one of seven top-floor units in the building next to Union Station.
Residential Real Estate
TrueMind and a neighboring spa at 5 Cook St. would be demolished to make way for a residential building up to seven stories high.
It’s the second sale since completion for the 10-story, 285-unit Verve, and the first for the seven-story, 156-unit Amaranth.
The Wynkoop Street property is zoned for up to 12 stories if a development meets income-restricted housing requirements.
The one on Bannock Street would have 275 apartments and the one on Acoma Street would have both condominiums and hotel rooms.
A seven story, 390-unit apartment complex is planned for 3.3 acres of the 8-acre site, leaving room for another development on the northern portion.
The assessments largely don’t take into account the boom Colorado’s housing market has seen since the onset of the pandemic.
“As soon as I have the permits, I’ll demolish it,” said Lenny Taub of First Stone Development, which purchased the property earlier this month.
One measure would preserve the defunct golf course as open space. The other would make it easier to redevelop the site.
Highlights include a large lot, a 10-car garage with a lift system and a dog-themed bathroom with a dog door and dog shower.