One of Denver’s oldest high-rises is set to go to auction later next month.
Located at 518 17th Street, what is called the DC Building was built in 1954 and sits on the site of the original Denver Club mansion. With 24 floors, the structure measures just under 275,000 square feet.
For years the structure, which was built by legendary Texas oilmen John D. and Clint Murchison, Jr., has served as the office home to any number of attorneys, realtors, and business associations.
A chapel on the building’s second floor was dedicated in honor of President Dwight Eisenhower in 1955 who was recovering in Denver at the time from a heart attack.
Regarded as one of the city’s first modern high-rises, the structure was designed in the sleek International Style and is regarded as one of Denver’s architectural treasures.
In recent years the building has seen up to $10 million in upgrades, and additionally houses a lounge with a two-lane bowling alley, a fitness center and common area conference rooms.
The auction for the building, which is listed with the Los Angeles-based Newmark realtors, will begin on August 22 with a minimum starting bid of $9 million.
By Garry Boulard
