Oktoberfest: The Best Beer Festival

 

Denver loves beer and breweries. Micro breweries have grown in popularity nationwide, Denver ranks high in best American cities for beer, alongside cities like Portland and St. Louis.

oktoberfest 2015 eblast2With such an affinity for things brewed, the annual celebration of Oktoberfest this weekend through the beginning of October should be a source of joy and excitement for Coloradoans.

Oktoberfest began in 1810 in Munich, celebrating the marriage of Prince Ludwig of Bavaria to Princess Therese of Saxony-Hildburghausen. Phew. That was a mouthful! The couple invited the “common folk” of Munich to the wedding’s festivities, not a common act for royalty. Forty thousand people attended the celebration. The next year, in celebration of the couple’s anniversary, the party was thrown again…and again, and again.

The first Oktoberfest was held on October 12. Since then it has come to start towards the end of September, extending through the beginning of October. While this has caused confusion for some, as the name of the festival does insinuate it should happen in the month related to its name, the reasoning is understandable. Festival-goers preferred (and still prefer!) the typically warmer weather of late September to the possibly snowy and colder temperatures of mid-October.

Oktoberfest came to Denver in 1969, courtesy of Larimer Square shop owners, Fred and Hertha Thomas. The German holiday was a favorite tradition of the couple, and in its honor they opened a keg, set out some pretzels and celebrated with folks passing by.

Denver Oktoberfest is no longer a quaint and quiet tradition, but has grown to be one of the biggest Oktoberfest festivals in the United States. As the Denver Oktoberfest website says, “Denver drinks beer really well.”

Denver’s main Oktoberfest celebration still happens on Larimer, at 20th and Larimer Street. It starts this
weekend, on Friday evening, through Sunday afternoon, picking up again next weekend. The complete schedule can be viewed here:OKTOBERFEST dates

There are a number of smaller Oktoberfest celebrations happening around the city and state, including Highlands Ranch, S. Pearl Street in Denver and more.

Fun and games are promised, beer is brewed and delicious, Oktoberfest is here.

Small Means Mighty, Denver’s First Micro-apartments

High housing prices in Denver have demanded greater creativity and ingenuity from developers. And so, Denver’s first micro apartments were born.

Photo courtesy of NicholsPartnership.com
Photo courtesy of NicholsPartnership.com

Opening just a few weeks ago on September 3, Turntable Studios offer everything renters need, in about 350 square feet.

Once an old hotel, the repurposed downtown apartments overlook the city, offering renters with the ideal Denver view at affordable prices. The studios are committed to rent that is under $1,000/month, excluding their larger 664 and 850 square feet places, which are higher in rent.

The Turntable Studio website introduces the new apartments with a hip, retro vibe, catering to the 20s and 30s primarily interested in the apartments.

“The year was 1967. The Rolling Stones appeared on the Ed Sullivan show, The Beatles released “Magical Mystery Tour,” and near downtown Denver, a cylindrical hotel was built in the fashionable modernist style. Fast-foward 48 years, and the former hotel finds itself starting a new revolution: the first micro-apartments in Colorado,” the website reads.

Nichols Partnership, Inc. is a development company with a high value for “adaptive re-uses of existing buildings,” and the Turntable Studios fit perfectly. Dan Schuetz, project manager at Nichols, was the developer for the micro-apartments.

“We’re filling a critical need for modern design and affordability,” Schuetz said in an article in the Denver Business Journal.

The apartments utilize space with the utmost efficiency. Built-in storage gives each redesigned apartment more space than the square footage implies. The brand-new kitchenettes include a refrigerator and dishwasher, convection microwave oven and hotplates. Large windows fill the apartments with natural light, giving the illusion of more room. Juliet balconies also increase the living space.

Principal at JG Johnson Architecture, Tobias Strohe, believes the apartments to be a success. “The developer was willing to think outside the box to find a solution. We hope to see this example spark a trend in saving old buildings from demolition, even if it might often be easier to start over and the structures may not be considered historic assets. It’s an economical and more sustainable approach and we think we have proven the viability here.”

JG Johnson Architecture did the design for Turntable Studios. The designers and contractors found the project to be impressively collaborative, which they believe contributed to its success.

Nichols Partnership, Inc. recognizes the need for more affordable, yet still modern and aesthetic, housing in growing Denver. Turntable Studios may be the first of many micro-apartments, following trends begun in cities like New York.

The newly opened apartments are already nearly filled with residents who signed leases months ago. The small apartments are a big hit.

Photo Courtesy of NicholsPartnership.com
Photo Courtesy of NicholsPartnership.com
Sources:
The Denver Post – Denver First Large Scale Micro Apartments Started Taking Tenants Tuesday
Boutique Apartments – Turntable Studios
Nichols Partnership – Turntable Studios
Denver Business Journal – Turntable Studios Spins Spall Spaces Into Big  Business 
Denver CBS – Micro Apartments In Old Hotel VQ Are Filling Up Fast
Westword – Micro Apartments Make Their Way Into Denver

Top Ten Bars to Watch the Broncos Game

Sunday mark’s the Denver Bronco‘s first game of the season. Denver love’s their football team, so we’ve compiled a list of the best bars in Denver for enjoying the game.

1. Stoney’s Bar & Grill

1111 Lincoln Street

“Whether you are looking to watch a football game, soccer, basketball, X Games, or just to play a friendly game of cornhole, Stoney’s has you covered. We have 31 HD TV’s & two 120 inch projection screens & a stage to watch your favorite local bands.”2772127624_386a0a9028_o

2. Sports Column

1930 Blake Street

“We are located in the heart of LoDo just steps away from Coors Field. Come on in, grab a seat, put your feet up, relax, and let us take care of you. Offering a full menu served until 12pm Sunday-Thursday & 1am Friday & Saturday, an outdoor rooftop patio, a plethora of HD flat and big screen televisions, excellent service, and great food and drink specials.”

3. The Cherry Cricket

2641 E 2nd Avenue

“We’ve always been the Black Sheep of Cherry Creek. From Mary Zimmerman’s trucker bar of the 1950’s to famed Bernard Duffy’s prime rib and neon icon of the 1960’s to Eli McGuire’s beer and burger joint of the 1990’s, this place has changed hands often but never wavered. During his Wynkoop Brewing Company days, our Governor, John Hickenlooper, was an owner. To this day, our friends are loyal and number in the thousands.”

4. Chopper’s Sports Grill

80 S. Madison Street

“Chopper’s is proud of the food we put in front of you. We take “homemade” to heart and believe that there is no substitute for food made fresh and no reason to drink beers from beyond our state borders. Our Burger’s unique blend of Angus chuck, short rib and brisket is ground especially for us, making it one of the richest and most unique char-broils you’ll find around. Our potato chips are cut and cooked right here. About the only thing we don’t do is brew our own beer. Luckily, we have 100 Colorado neighbors that do, offering one of the best selections of Colorado craft beers you’ll find anywhere. From car garage to Colorado crafts, this building has been bringing you the best for over fifty years!”

5. Blake Street Tavern

2301 Blake Street

“Our menu provides various award-winning options and our craft beer list would make any tailgate spread jealous!  If you miss playing tailgate games with your best friends, don’t worry, we’ve got cornhole boards, darts, skeeball lanes, and much, much more! Between our 60 HD TVs, 18,000 sq. ft. of big fun, and our dedication to bringing you the best, most friendly service possible, we continue to strive to bring our patrons the best sports bar atmosphere in Denver!”

6. The Tavern (Downtown or Uptown)

1949 Market Street | 538 E 17th Avenue

“We are a family owned and operated proud Colorado company founded in Denver in 1997. Each Tavern uniquely takes on the flavor and personality of the neighborhood in which it resides. Amenities weaving a common thread through all locations include spacious yet cozy lounges, fireplaces, outdoor patios, numerous HD TVs and high-end architectural features.”

lReF37. Highland Tap & Burger

2219 W 32nd Ave

“Highland Tap & Burger is truly a Colorado-born business. And, since opening in 2010, we’ve strived to create an experience that encompasses everything we love about Colorado life. We’ve created a comfortable, casual, contemporary atmosphere with an inviting indoor dining area and a spacious patio so our guests can enjoy a sunny afternoon or a chilly Colorado evenings. Here at the Tap, our friendly, fun staff makes everyone feel completely at home, whether they are dining alone or with a large party, regulars or first-timers.”

8. Bull & Bush Brewery

4700 E Cherry Creek S Drive

“But most of all it’s you, the loyal customers, that have made The Bull & Bush one of Colorado’s most revered landmarks. As Dale once put it, ‘This is what it’s all about if you’re in the tavern business. Fresh beer, the music, the camaraderie and friendship. Most restaurants, you might go in there once a year. Here you come in once a month, once a week… even once a day.'”

9. Governor’s Park Tavern

672 Logan Street

“Govnr’s Park has been an integral part of Capitol Hill since 1976. We are mostly known for our crazy 2-4-1 happy hour and just recently our awarded  title of Denver’s Best Neighborhood Bar. We love local! We always strive to buy locally and will always support Colorado companies first. We have hosted two Governor’s acceptance speeches, helped start the Governor’s Cup Run and have been the favorite gathering place for all our neighbors for over 35 years.”

10. Yard House

1555 Court Place

“If you’ve been to a Yard House, you know there’s an unmistakable energy to the place – an excitement that you feel the moment you walk in the door. So we turned our cameras loose to try to capture that spirit. Check out the experience that define us – because more than beer, more than
classic rock, more than delicious food, even more than a brand – We are Yard House!”

Welcome Luca!

We are so excited to welcome Luca Baud to our Madison & Company team! Luca is joining us from PorchLight Real Estate Group. His expertise and passion for real estate are an incredible addition to the Madison family!

luca baudA little bit about him…

Luca Baud is fueled by a love of architectural beauty, history and—most importantly—having the opportunity to represent his clients. He prides himself on his integrity and professionalism and has built a fine reputation among clients and brokers alike. He has been lucky enough to represent some of the most sophisticated and demanding sellers and buyers and has come away from those transactions with happy clients, glowing references, and new life long friends.

Luca’s first-class, concierge-style service that he provides allows him to focus on what he excels at—assessing market conditions and trends in order to develop marketing and sales strategies based on the requirements of the target audience. He teams with Madison and Company Properties staff to create effective marketing campaigns for his sellers that call careful attention to each property’s unique design and architectural features and are individually tailored to each client and property.
Outside of work, Luca is a devoted father to his 11-year-old son Valentino. You can find them both on the ski slopes, biking trails, golfing, traveling, or casually strolling Downtown.
You can read more about Luca and view testimonials from his clients here on our website.

August Market Update from President, Justin Knoll

As the dog days of summer begin to grow shorter and temperatures start to cool down, so too does one of the hottest Real Estate markets in the nation. Have no fear as this is a very consistent, annual happening in Denver. No matter what is going on in the news, the stock market or in the world of mass data, the buying habits and lifestyles of people still dictate the ebbs and flows of any given market.

August was no different, and the slight justin knollslowdown began even a bit earlier than in years past as 6,416 new listings came on the market, while 5,383 homes were placed under contract and 5,088 homes sold and closed. Month over month, there was a significant decrease in new single family listings of 15.5% while the average and median sold prices remained relatively unchanged from the previous month, at -0.23% to $410,525 and -0.21% to $349,250 respectively.

For the entire residential market, homes under contract decreased by 1.8%. Sold listings decreased 15% and total sales volume dropped 15% to $1.86 billion from the previous month. Finally, a quick summary of the year-to-date residential market shows new listings at 48,970, days on market (DOM) at 29, average price at $363,228 and a record-smashing $13.5 billion in total sales volume

Going forward, the squeeze of skyrocketing rental rates will keep homebuyer demand at a very high rate – particularly with homes priced $350,000 and below, as owning a home continues to be more affordable than renting in many areas.

Our monthly report also includes statistics and analyses in its supplemental Luxury Market Report (properties sold for $1 million or greater), Signature Market Report (properties sold between $750,000 and $999,999, and Premier Market Report (properties sold between $500,000 and $749,999). In August, 105 homes closed for $1 million or greater – down 9.5 percent from the previous month. The closed dollar volume last month in the luxury market segment was approximately $153 million, down 16 percent from the previous month.

The number of luxury sales – condo and single family homes priced $1 million or greater – was down 9.5 percent from the previous month, but properties sold faster at 92 days in August versus 112 days in July. Year to date, the number of single family homes sold in this segment were up 23 percent compared to year-to-date last year, and up more than 30 percent from year-to-date 2013. Luxury homes this year sold for $5 more per square foot than last year, and $13 more per square foot from two years ago.

The highest priced single family home sold in August was $4,150,000 representing 6 bedrooms, 11 bathrooms and 7,451 above ground square feet in Cherry Hills Village. The highest priced condo sold in August was $2,420,000 representing 2 bedrooms, 3 bathrooms and 3,013 above ground square feet in Denver.

More Than Agents, Friends

Here at Madison, we’re unbelievably lucky to be home to so many talented individuals. Our agents and staff are skilled in more than just real estate.

Earlier this week one of our brokers, Mike Reff, has shared his videography skills with Madison & Company on numerous occasion, like the Knoll Team’s video about Denver Transportation and Real Estate.

On Monday, Mike set up shop in our Wash Park office‘s conference room, camera lights were shining and camera was (figuratively, everything’s digital these days) whirring, as Mike captured the passion and heart of some of Denver’s finest real estate agents.

“When I moved to Denver, almost a decade ago, the first thing I fell in love with was the construction, the history and the character of the homes.” – Forest Johnson

Screen Shot 2015-09-03 at 3.32.32 PM“My favorite part of real estate really is the relationships we build together.” – Ryan Conover, The Conover Team

“I truly care about the client experience and the people involved, it’s not just about the transaction. Most of my clients end up being lifelong friends.” – Brooke Hengst, Live Colorado TeamScreen Shot 2015-09-03 at 3.34.05 PM

“My philosophy is simple, I want to build long-term relationships with my clients. I want to be their trusted real estate advisor, I want to be there for them after the close when questions pop up, and be their counsel and be their resource.” – Jason Ellis, Ellis Group

These are but a few examples of our amazing agents here at Madison. They are deeply passionate, not just about real estate, but also about relationships. Check out their stories, and more, at MadisonProps.com.