Monday, June 9, 2008

Welcome to the Apex of Denver Blog!


Good day, bloggees of Denver!

This blog was created to enhance awareness of the Apex of Central Denver, which includes Cheesman Park, City Park, Capitol Hill, and Uptown. These areas are the apex of urban life and urban real estate in Central Denver, and thus, must be talked about. There is so much going on here!

Cheesman Park, named for Walter Cheesman, a Denver Water Baron. It has 80 acres of expansive grass, not demarcated for any sporting fields. Its pavilion echoes of Neo-Classical revival, where you can actually see 150 miles- from Longs Peak to Pikes Peak. There is some real history to the park, to be reserved for another day.

Lets start with me: I am a real estate agent, recently moved back to Denver, from the kingdom of Summit County, Colorado. I own a small condo at 1401 Franklin St. It is in an 1892 Victorian (named after Queen Victoria- and there are many different styles of it, if you must know) built Denver Square (or foursquare designed), 786 square feet. While the unit is still a bit under-dated, it does have some neat features: Claw foot bathtub, 85 year old toilet, hexagonal ceramic tile, wainscoting, crown molding, and hardwood floors.

Upon researching, this home was built by Frederick O Vaille, who was a founding member of your favorite Denver corporation, Qwest. He was a graduate of Harvard, who got together with a couple of his buddies, and started Denver Telephone Dispatch Company.

They bought the franchise (Rocky Mountain Bell) from American Bell, out of Boston. It ran lines to Golden, Blackhawk, Georgetown, and Central City. He sold four of his franchise contracts to Horace Tabor, which ultimately hit a franchise in Salt Lake City.

Rocky Mountain Bell stretched their contracts to surrounding states. Overextension and poor management caused them to scale back, then ultimately form a new company- Mountain States Telephone and Telegraph company, known in the latter 20th Century as Mountain Bell, then becoming ...bell-QWEST!

Mr. Vaille was in business with the Wolcott Family, who was associated with the Wolcott School, located at 14th an Marion. Here is the photo:

Hence, doing more magic on the internet, I did find that the Wolcott Family ranks up there in prestige...ooh...back to the Declaration of Independence. They were a very wealthy family in Massachusetts. When Mr. Vaille chose his business partner, he did quite well! The Harvard connection had something to do with it, as well.

Moving on the Real Estate, it can be said that Denver is becoming the place to be. Yes, folks, there are news agencies, media, and everyone else saying the the world is going to hell in a hand basket. Not necessarily true. I think it is an unfair conclusion to say that we all need to "hunker down" and deal with poor public policy.

I believe that bad public policy is a scapegoat, and that somehow, people seem to believe we live in a monarchy. I disagree. With Mr. Newton, every action receives and equal and opposite reaction. Thus, where some are losing money for unfortunate investments, others are collecting a good dollar for every bad one. So, as with change, adaptation is necessary.

One of my real estate contacts said: "Buy and Hold." I will add to that: Buy smart, and hold. One of the finest resources out there for what is going on in Denver is the city itself- http://www.denvergov.org.

FYI: There are 17,856 residents in the 80218 Zip Code. Over half of those residents live in Cheesman Park.


Good Day!

Ed

1 comment:

Jonathan Magnus said...

Hey fellow pedicabby... that photo of the orange cab on your blog is one of mine in Portland Or. I am a native of Colorado but now call Portland my home. Thought is was pretty cool our paths crossed from this far away...stop by anytime...