Residence XXV Launch Party Celebrates Beginning of "New Normal" in Denver Luxury Condominiums

DENVER, Aug. 29, 2011 /PRNewswire/ -- Members of Colorado's business and social community gathered at the recent Residence XXV launch party, located at 1891 Curtis Street-above the Ritz-Carlton downtown. Attendees mingled and were entertained by Residence XXV partners in a panoramic penthouse with exceptional views of the lights of Denver, music, and drinks.  Food was provided by Elway's and Coors Field was the backdrop for Biker Jim's gourmet hot dogs.  Throughout the evening guests toured finished and modeled residences getting a sampling of some of downtown Denver's best appointed and located luxury homes.

(Photo: http://photos.prnewswire.com/prnh/20110829/LA59393)

"Formerly the Residences at the Ritz-Carlton, Residence XXV condominiums and penthouses are finished to Ritz-Carlton standards," said Tim Craft, partner at Residence XXV in an introduction to guests. "This is the upper echelon of downtown Denver real estate and represents a "new normal" in pricing for Denver investment real estate. Our current pricing is roughly half of the original asking price but we are able to deliver the same high level of concierge and valet services."

Now officially rebranded, launched and open for sales, Residence XXV is largely viewed as the recalibration of Denver's luxury real estate market and represents the metropolitan niche in Colorado investment homes.

Residence XXV encompasses five floors above Denver's Ritz Carlton Hotel and includes 25 spacious residences, with two multi-level penthouse lofts. Finishes on the residences are fully completed, significantly enhancing the original plans. Residence XXV is located within close proximity to downtown Denver amenities, restaurants, retail, Coors Field and the 16th Street Mall and features dedicated twenty four hour-a-day concierge service.  The popular Elway's restaurant is housed in the lobby of the project. Residence XXV is Denver's most unique residential property with unparalleled owner amenities and services offered at investment pricing. For more information visit www.residencexxv.com or call 720-232-6704.

Photo cutline: Guests attend the Residence XXV launch party above the Ritz-Carlton and overlooking Denver's LoDo neighborhood.

SOURCE Residence XXV