Let's talk about the most expensive neighborhood in Denver

Imagine the posh, cultural Upper West Side in New York City. Now imagine that right here in Denver and you'll find yourself in the Golden Triangle area.

KUSA - The posh, cultural Golden Triangle neighborhood is pretty much Denver's equivalent of New York City's Upper West Side.

While not officially recognized by the city of Denver, Golden Triangle is generally considered to be bounded by Colfax Avenue to the north, Speer Boulevard to the west and south and Broadway/Lincoln to the east. Some estimates include Civic Center Park in the boundaries.

MAP: Some of the attractions in the Golden Triangle

History

The Golden Triangle is one of Denver’s oldest neighborhoods, with a history going back to the 1880s. Like a lot of older areas of the Mile High City, you’ll still find quite a few bungalows and cool Victorian homes – that is, in addition to the ever-present array of cranes that have invaded Denver in general.

The thing that truly made the Golden Triangle into what it is today was the development of Civic Center Park. This was the brainchild of then-Mayor Robert Speer, who championed having a park based on the City Beautiful ideals he saw at the Chicago World’s Fair and during his trips to Europe.

Speer was the mayor between 1904 and 1912, and then ran for mayor in again 1916 – and held the job until he died in 1918 during an influenza outbreak. You can also thank Mayor Speer for cleaning up Cherry Creek – which was basically an open sewer before he decided to take some action.

The Golden Triangle neighborhood began turning into the swanky spot you see now in the 1990s when the Denver Central Library was completed and new condos, restaurants and other developments started springing up in this urban space.

Real Estate

This may surprise some, but Golden Triangle is Denver's priciest neighborhoodfor renters, according to Zumper, with median rents at about $2,100 for a one-bedroom.

Rent Jungle agrees, ranking the Golden Triangle just ahead of Cherry Creek for average rents.

That's due to the high concentration of newer, luxury apartment complexes in the neighborhood.

On the other hand, homes for sale there are priced all over the map, from 1-bedroom, 1-bathroom condos for $219,000 to penthouses with a price tag of more than $4.3 million.

The neighborhood's upscale vibe is due to a number of factors: It's home to some of Denver's most prominent cultural institutions, including the Denver Art Museum, Denver Central Library and History Colorado, as well as various art galleries and theaters.

It also houses Galvanize, the Denver-based coding school founded by 9News Leader of the Year Jim Deters that has been on a serious growth tear, recently expanding to both Phoenix and New York

And it's a hub for commercial real estate deals. Last December, the office building that primarily houses Anthem Blue Cross-Blue Shield's space sold for $80 million; and just last June, Via Apartments, a 200-unit complex was acquired for $60 million — both hefty price tags showcasing Denver's hot market these days.

Stuff to do

Many people make a weekend of visiting Denver's Golden Triangle district, staying at the ART Hotel, the first luxury hotel in the neighborhood. 

That's because, in addition to its cultural appeal, Golden Triangle is also a go-to place for fine dining and restaurants. Zagat recently put a list together of the 13 best restaurants near the Denver Art Museum, such as Italian spot Lo Stella; Southern hospitality joint Sassafras American Eatery; and Charcoal Restaurant, to name a few.

For the less upscale, there are options too, such as Rise and Shine café, Torchy's Tacos, The Fainting Goat, Armida's, DiFranco's, Cuba Cuba Café, among others.

Beer and cocktail lovers also have the pick of the litter: LowDown Brewery, Pint's Pub, Stoney's Bar & Grill, Dazzle — all are prime options for taking in a drink after a visit to one of the area's numerous museums or art galleries. And there's one more that was just added to the mix: Chef John Tesar, a four-time James Bear award nominee and two-time "Top Chef" contestant recently opened a high-end sports bar called Element Kitchen & Cocktail.

Golden Triangle also houses several local (and upscale) businesses, too, such as Denver Diamonds & Jewelry, City Futons, The Shops at 9th Avenue and Bulthaup.

Just for fun ... 

We've talked a lot about the Golden Triangle neighborhood, now let's take a look inside! 

Former Denver Nuggets forward Carmelo Anthony used to live in a penthouse at the Prado building near West 11th Avenue and Cherokee Street, and the property and its Mile High views were featured on MTV Cribs! 

You can watch the episode below: 

Can't see the video? Click here: https://youtu.be/5NchEsUlLio

© 2017 KUSA-TV


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