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Palace Lofts

Palace Lofts

Palace Lofts
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

1499 Blake St
Denver, CO 80202
134 Units
6 Stories
1997 Year Built
$58K - $2.4M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Concierge
  • Fitness Center
  • 24-Hour Security
  • Rooftop Deck
  • City View
  • 3 min walk to Downtown Children's Playground

Historic charm meets modern living in the heart of LoDo

Palace Lofts, designed by RNL Design and completed in 1997, stands as a cornerstone of Denver's vibrant Lower Downtown (LoDo) neighborhood. This six-story condominium building houses 134 units, offering residents a prime location in one of Denver's most sought-after districts. Situated at the intersection of 15th and Blake Streets, Palace Lofts provides easy access to the area's rich history, bustling nightlife, and thriving cultural scene. The building's straightforward brick facade blends seamlessly with the historic character of LoDo while providing modern comforts and amenities for its residents.

Spacious lofts with soaring ceilings and expansive views

Palace Lofts offers a diverse range of floor plans to suit various lifestyles, from cozy one-bedroom units to expansive three-bedroom homes. The one-bedroom layouts span from 871 to 2,850 square feet, with prices ranging from $465,000 to $2,345,649. These units feature one to two and a half bathrooms, catering to different needs and preferences. Two-bedroom units range from 989 to 2,696 square feet, with one to two and a half bathrooms, and are priced between $520,944.75 and $1,795,000. For those seeking more space, three-bedroom units offer 1,520 to 2,418 square feet, with one to two and a half bathrooms, and prices around $950,000. Many units boast 10-foot high ceilings, creating an airy and spacious feel. Large windows flood the living spaces with natural light and frame stunning views of the city skyline and Rocky Mountains. Hardwood floors are a common feature, adding warmth and elegance to the interiors. Some units have been thoughtfully updated with modern finishes, including quartz countertops, custom cabinetry, and high-end appliances. Unique features in select units include gas fireplaces, perfect for cozy evenings, and private terraces or balconies that extend the living space outdoors. Some residences boast grand terraces up to 1,000 square feet, offering unparalleled outdoor living in the heart of the city. Innovative design elements, such as the Raumplus moving wall partitioning system, allow for flexible living spaces that can be easily reconfigured. Many units include in-unit laundry facilities, walk-in closets with custom storage solutions, and updated bathrooms featuring luxurious touches like jetted soaking tubs and steam showers. Some kitchens have been remodeled with features such as large islands, breakfast bars, and high-end appliances from brands like Sub-Zero and Wolf. Monthly HOA fees range from $200 to $1,700, covering maintenance of the building's structure, sewer, trash, and water services. This wide range in fees likely reflects the varying sizes and amenities of different units within the building.

Luxurious amenities for urban comfort and convenience

Palace Lofts offers a range of amenities designed to enhance the urban living experience. The crown jewel is the rooftop terrace, providing residents with a grand outdoor space featuring 180-degree views of the city and mountains. This communal area includes BBQ grills, comfortable seating, and dining areas, perfect for entertaining or relaxing while taking in the panoramic vistas. For fitness enthusiasts, the building houses a well-equipped private fitness center, allowing residents to maintain their workout routines without leaving the comfort of their home. A conference room and business center cater to those who work from home or need a professional meeting space. Security is a top priority at Palace Lofts, with 24-hour security personnel and a doorman ensuring residents' safety and peace of mind. The lobby is thoughtfully furnished, creating a welcoming entrance for residents and their guests. Parking is made convenient with a heated underground garage, and many units come with assigned parking spaces. For those with electric vehicles, EV parking options are available. Additional storage is provided through individual storage lockers, offering extra space for residents' belongings. The building embraces modern technology with high-speed internet access and a smart package delivery and storage system, streamlining the process of receiving deliveries. For those who enjoy outdoor activities, the building is pet-friendly and provides easy access to nearby parks and trails. Unique amenities like the gas firepit on the rooftop terrace add an extra touch of luxury to the communal spaces. The combination of these amenities creates a comfortable and convenient living environment, balancing the excitement of urban life with the comforts of home.

A vibrant urban playground in historic Lower Downtown

Palace Lofts is situated in the heart of Lower Downtown (LoDo), one of Denver's most dynamic and historic neighborhoods. This area, which traces its roots back to the city's founding in 1858, has evolved into a bustling urban center that seamlessly blends its rich history with modern amenities and attractions. The neighborhood is a haven for food enthusiasts, with an abundance of dining options ranging from casual eateries to upscale restaurants. Larimer Square, just two blocks away, is lined with chef-driven establishments and trendy bars. For a quick bite, residents can enjoy local favorites like SliceWorks for New York-style pizza or D'Corazon for authentic Mexican cuisine. Shopping opportunities abound in LoDo. The 16th Street Mall, a short walk from Palace Lofts, offers a mix of retail stores, from well-known brands to unique local boutiques. For grocery needs, Whole Foods Market is conveniently located within walking distance, while King Soopers provides a full-service supermarket option nearby. Cultural attractions are plentiful in the area. The Denver Center for the Performing Arts, just a few blocks away, hosts Broadway shows, plays, and concerts throughout the year. Art enthusiasts can explore the Museum of Contemporary Art, showcasing cutting-edge exhibitions. For outdoor recreation, residents have easy access to several green spaces. Confluence Park, where Cherry Creek meets the South Platte River, offers a serene setting for picnics, bike rides, or kayaking. The Cherry Creek Trail, accessible just a block from Palace Lofts, provides miles of paved paths for walking, running, or cycling. Sports fans will appreciate the proximity to major venues. Coors Field, home of the Colorado Rockies, is within walking distance, as is Ball Arena, where the Denver Nuggets and Colorado Avalanche play. The atmosphere on game days adds to the neighborhood's vibrant energy. The historic Union Station, a short walk from Palace Lofts, serves as both a transportation hub and a destination in itself, with its restored Beaux-Arts architecture housing restaurants, shops, and a boutique hotel. LoDo's nightlife scene is diverse and lively, with numerous bars, brewpubs, and music venues catering to various tastes. From craft beer at local breweries to cocktails at upscale lounges, there's no shortage of options for evening entertainment. This mix of dining, shopping, culture, and recreation makes LoDo an exciting place to call home, with Palace Lofts at the center of it all.

Unparalleled connectivity in a highly walkable urban core

Palace Lofts benefits from its prime location in one of Denver's most accessible neighborhoods, offering residents a variety of transportation options. The area's excellent walkability means that many daily errands and activities can be accomplished on foot, with numerous amenities within a short stroll from the building. For those relying on public transit, the options are plentiful. The 15th St & Blake St bus stop is practically at the doorstep of Palace Lofts, serving multiple routes including the 28th Avenue, 44th Avenue, East Colfax Avenue, and North Pecos lines. This provides easy access to various parts of the city. Just a few minutes' walk away, the Free Mall Ride on 16th Street offers convenient transportation along the popular shopping and dining corridor. Union Station, a major transportation hub, is a mere three blocks from Palace Lofts. From here, residents can access light rail lines, including the C, E, and W Lines, connecting to suburbs and outlying areas. The station is also the terminus for the A Line train to Denver International Airport, offering a direct 37-minute ride to catch flights. For those who prefer cycling, the area is extremely bike-friendly. The nearby Cherry Creek Trail provides a scenic and safe route for cyclists, connecting to an extensive network of bike paths throughout the city. Many streets in LoDo feature dedicated bike lanes, making it easy to navigate the neighborhood on two wheels. While the central location and abundance of public transit options may reduce the need for personal vehicles, Palace Lofts does provide secure parking for residents who own cars. The heated underground garage offers convenient and protected parking, a valuable amenity in a bustling urban area where street parking can be challenging. For longer trips or weekend getaways, major thoroughfares are easily accessible. Speer Boulevard and Auraria Parkway provide quick routes out of downtown, while I-25 is just a short drive away, offering connections to other parts of the metro area and beyond. This combination of walkability, robust public transit, cycling infrastructure, and easy access to major roads makes Palace Lofts an ideal home base for those who value mobility and convenience in their urban lifestyle.

Available Condos

No units matching this criteria are available right now.

Building Details

Views

  • City
  • Mountain

Recreation

  • Fitness Center

Outdoor Features

  • Community Barbecue Grill

Amenities

  • Concierge
  • Rooftop Deck
  • Business Center
  • Bike Room
  • Community Storage Space
  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Card or Code Access

Parking

  • 2 Car Garage
  • 1 - 4 Parking Garage Spaces Per Unit
  • Subterranean Parking
  • Electric Vehicle Home Charger
  • Lighted Parking
  • Community Parking

Pet Policy

  • Dogs and Cats Allowed

Condo Association

  • $892 Monthly HOA Fees
  • Monthly HOA Fees Range from $707 - $1,472
  • Association fees include gas, heat, insurance, ground maintenance, maintenance structure, recycling, security, sewer, snow removal, trash, water
  • Palace Lofts Association, Phone Number (720) 904-6904
  • Palace Lofts Community
  • Palace Lofts Subdivision

Building Design

  • High-Rise Condominium
  • Elevator

Unit Features

  • Open Floorplan
  • Laundry Room
  • Balcony

Energy Efficiency

Unit Information

Unit
3M
3O
4O
5H
5I
6K
Beds
--
2 Beds
1 Bed
1 Bed
1 Bed
2 Beds
2 Beds
Baths
--
2 Baths
1 Bath
2 Baths
1 Bath
1 Bath
2 Baths
Sq Ft
1,940
1,477
990
1,267
1,127
1,093
1,887
Price
$1,295,000
$899,000
$449,900
$624,900
$599,000
$620,000
$1,450,000
Price / Sq Ft
$668 / Sq Ft
$609 / Sq Ft
$454 / Sq Ft
$493 / Sq Ft
$531 / Sq Ft
$567 / Sq Ft
$768 / Sq Ft
List Date
09/19/2024
04/11/2025
04/04/2025
01/24/2025
04/17/2025
10/10/2024
04/15/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
120
Est. Values
$58,258 - $617,960
1 Bedroom Units
Sq Ft Range
871 - 2,850
Est. Values
$439,737 - $2,378,189
2 Bedroom Units
Sq Ft Range
989 - 2,696
Est. Values
$456,477 - $1,529,721
3 Bedroom Units
Sq Ft Range
1,520 - 2,418
Est. Values
$855,420 - $2,138,731
All Units
Sq Ft Range
120 - 2,850
Est. Values
$58,258 - $2,378,189

Map

Area Factors

High Crime

Crime Score®

8 / 10

Biker's Paradise

Bike Score®

92 / 100

Walker's Paradise

Walk Score®

94 / 100

Excellent Transit

Transit Score®

88 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

69 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$11K - $121K
Range of Taxes in Building
$884 - $9,571
Range of Taxes per Sq Ft
$0.51 - $7.91

Property Tax History

Source: Public Records

Building Team

Architect
Stantec
Property Management
Individually Managed
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.