"The rebirth of grace and beauty in LoDo's historic district" was what the developers from Kentwood Homes had in mind when they designed Zi Lofts and Town homes. Located at 2229 Blake Street, right across from Coors Field, residents can take in an afternoon ball game and still have time for dinner and a movie at night.
The Ballpark district, where Zi is located is raising a lot of eyebrows in Denver. The area is full of historic warehouses being restored and converted for residential or retail use, and combined with its proximity to Coors Field and downtown amenities, is becoming a sought after neighborhood.
Once completed (summer of 2008), Zi will consist of a 7-story building with thirty lofts, nine two-story townhouses occupying the top two floors, and 5500 square feet of ground-floor commercial space. Prices will range from $200,000 for an 850-square foot loft to $1.25 million for the 3,000 square foot town homes.
Finishes: The condos will have the following high-end finishes varying slightly from interior, exterior lofts and town homes:
- Beech wood flooring
- Mohawk leather leaf carpeting
- Aya solid flat panel cabinets with brushed nickel hardware
- Polished granite slab counter tops with tile back splashes
- Stainless appliances
- Casa Dolce tile flooring with accents
- Zen style designer lighting
- Walk-in closets
- Gas fireplaces
- Exposed ceilings
- Secured parking
- Views of either the mountains, Coors Field, or the plains.
Amenities: Zi is located close to the following downtown amenities:
- City transit
- Numerous popular dining hotspots include Breckenridge Brewery, Mattina Cafe, Buenos Aires Pizzerie, Fado Irish Pub, Morton's Steak House, Sullivan Steak House, and Via Italian Restaurant.
- Shop til you drop at the Ballpark Market, 16th Street Mall, Denver Pavilions, Tabor Center, and Shops on Larimer Street, to name a few.
- Zi is close to a number of local parks, the Cherry Creek Bike Path, various athletic clubs, and of course, Coors Field.
- Just some of the local cultural amenities include RINO - River North Art District, Museum of Contemporary Art, and Denver Center for Performing Arts, Denver Art Museum and the Santa Fe Arts District.
Movies Coming Out Soon
Buying a home, especially for the first time, can be a daunting experience. There are endless credit checks, bank checks, employment checks, appraisals and more paperwork than seems to make sense. Adding to the angst associated with buying a home is the endless list of fees that are added to the cost of the mortgage. In addition to the interest rate quoted for the loan itself, lenders add other items to the closing costs, including appraisal fees, loan origination fees, credit report fees, document preparation fees, postage fees and all manner of other items that are often not even mentioned by the lender until closing time. The borrower often ends up suffering from a form of “sticker shock” at closing time, as the costs associated with closing on the loan are often substantially higher than expected. That may change, however, as several banks are about to introduce so-called “no fee” mortgages.
The concept of lending without a long list of additional fees isn't new; banks have been offering “no fee” home equity loans for several years. The continued boom in the national real estate market has prompted increased competition among lenders. Dropping the itemized fees from first mortgages is the latest attempt by several large banks to try to stay ahead of the competition. The fees, some of which are nothing more than added-in profit, will still exist. It just isn't possible to obtain a mortgage without a credit check or an appraisal of the property. What the “no fee” mortgages offer is an interest rate that is slightly higher than the standard mortgage. The fees are simply rolled into the total price, and the borrower has a much simpler set of paperwork at closing. Lenders think that by streamlining the process, overall costs can be lowered, and the savings can be passed on to the customer.
Those interested in purchasing a home with a “no fee” mortgage should ask around, as several large national banks are offering them now. Be aware that the name is a bit of a misnomer; “hidden fee” would probably be more accurate. Still, the process is simpler with a “no fee” mortgage, and there is definitely less “sticker shock” at closing time.
Both Re Writer & Charles Essmeier are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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