Kevin Plank's House (Google Maps). He sold a stake in the massive Port Covington project, where The Baltimore Sun is a tenant, to Goldman Sachs. The 47-year-old athletic apparel entrepreneur owns another eight-bedroom mansion on 65 acres in Baltimore County. Plank is the billionaire owner of Under Armour, a leading manufacturer of sports performance apparel, footwear and accessories. Your email address will not be published. Tech Tip: Start With a Fresh Session or Browser Window. Kevin Plank Parts Ways With Historic Washington D.C. Kevin Plank, founder of Under Armour Sold in Georgetown for $17,000,000. Kevin Plank, Under Armour’s charismatic founder and recently departed CEO, and his wife Desiree (née Guerzon) have finally unloaded their sophisticated Washington, D.C. home — albeit with a steep price concession. Hogan holds news conference to discuss budget proposal, Trump expected to issue flurry of pardons today, his last full day as president, A county-by-county look at how to make a coronavirus vaccine appointment in Maryland, Dante Barksdale, ‘heart and soul’ of Safe Streets, is shot to death Sunday in Baltimore, officials say, Former Baltimore Mayor Catherine Pugh among those seeking clemency from President Trump, Baltimore County to start vaccinating those over 75, teachers, Please ignore Trump’s extravagant military sendoff | READER COMMENTARY, Sen. Mitch McConnell blames Trump, others in power for provoking Capitol riot: ‘The mob was fed lies’, Calvert School preschool, Baltimore School of Music among tenants coming to Village of Cross Keys under new ownership, Mike Preston: Here’s how the Ravens can improve this offseason | COMMENTARY, Maryland expands vaccine rollout, with people 75 and older, teachers eligible next week, Eastern Shore superintendent files racial discrimination complaint against school board, escalating longstanding tensions, Hundreds mourn Safe Streets leader as Baltimore lights up City Hall Dome to honor Dante Barksdale, Maryland man arrested in U.S. Capitol riots, was placed at scene by GPS monitor required by his probation, FBI says. nine As of June 2014... Kevin Plank's House in Lutherville Timonium, MD - Virtual Globetrotting The next step? As of June 2014, Forbes estimates his fortune at $2.4 billion. Comment document.getElementById("comment").setAttribute( "id", "a9e7e7bfc03b39498cad0a23d04c233f" );document.getElementById("e5f44bd8c6").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. Watch live: Maryland Gov. Plank has recently purchased fitness, health & calorie counting apps and has this goal to come up with the best online health platform in the world – that would rival Apple, Google, Fitbit & Jawbone. He is the owner of the Georgetown Mansion in Washington, DC, the USA worth $7.8 Million. Mansion Home Under Armour founder Kevin Plank and his wife recently unloaded their historic Washington D.C. mansion for a reported $17.5 million, a price said to be far less than the property’s value of an estimated $29 million. Under Armour CEO Kevin Plank is building what may be the biggest house in Maryland on the crest of an historic estate in a bucolic part of Baltimore County that conservationists and wealthy residents have fought to preserve from development for more than 50 years. The home’s former owner was banker Curtin Winsor III. The piece is excerpted below. Hogan holds news conference to discuss budget proposal, Plank has taken steps to demonstrate his focus on the Baltimore athletic apparel brand, sold a stake in the massive Port Covington project, listed their home in Georgetown in Washington, D.C., for sale, [Most read] Dante Barksdale, ‘heart and soul’ of Safe Streets, is shot to death Sunday in Baltimore, officials say, State lawmakers subpoena 2 more in Maryland Environmental Service investigation, Billionaire Samsung heir gets 2.5-year prison term over bribery scheme that also jailed ex-president, Howard Community College named COVID-19 vaccination site as county ramps up to start Phase 1B, Bowie State and Bowie High look to future sports as pandemic continues. var notice = document.getElementById("cptch_time_limit_notice_32"); The Most Expensive House in Washington D.C. is Under Armour CEO Kevin Plank's Georgetown Mansion The $29.5 million listing was the site of legendary political parties over the years. Under Armour CEO Kevin Plank embarks on megamansion in Baltimore County. Washington, DC 20007 Required fields are marked *.  =  .hide-if-no-js { Kevin Plank’s Georgetown mansion sells for $17.25 million August 27, 2020 0 By Stephen Callahan Kevin A. Plank is founder and former CEO of Under Armour, Inc., a company based in Maryland, USA, that specializes in manufacturing footwear and sportswear. Time limit is exhausted. After Under Armour faltered in the past two years, Plank has taken steps to demonstrate his focus on the Baltimore athletic apparel brand, including stepping back from his outside investments and distractions. https://georgetowner.com/.../06/22/sold-kevin-planks-georgetown-mansion Five Orioles prospects are in the Baseball America Top 100. Geddes had told the Sun the Planks planned to place an easement on the land to maintain open space and that the house would occupy only a small part of the property. Under Armour founder and CEO Kevin Plank’s historic Georgetown home is listed back on the market for $24.5 million after previously being listed for sale in 2018. The home has been on the market for more than a year. After two years on the market, Under Armour founder Kevin Plank has sold his Georgetown mansion for $17.25 million. In the most recent phase of a restructuring, the company announced plans last month to slash its global workforce by 400 workers by early next year as it tries to rejuvenate sales. Under Armour's Kevin Plank puts Georgetown home up for sale.  ×  }, 1050 30th St. NW Please reload the CAPTCHA. One neighbor and longtime preservationist, Douglas Carroll, had told the Sun he was worried about the impact of such a large project in a rural setting. Including Kevin Plank's Georgetown mansion and an Arlington estate with a Frank Lloyd Wright-designed guest house. timeout Plank bought the eight-bedroom Federal home, originally built in 1810, seven years ago for about $7.85 million. He has another house in Rehoboth Beach, Delaware. The project was expected to cost $6.6 million, the Sun reported in December 2015. Please reload the CAPTCHA. Your email address will not be published. Under Armour Inc. CEO Kevin Plank's 35,000-square-foot estate being built in the bucolic, rural Green Spring Valley is on hold.. Work on the eight-bedroom mansion on 65 acres in … The whiskey cellar, featuring Sagamore Spirit rye from Plank’s Baltimore distillery. [Most read] Watch live: Maryland Gov. Plank accepted an offer of $17.25 million for the Federal-style home, which was constructed during the first term of President Madison, and features eight bedrooms and eight baths in its roughly 10,000 square feet. Because construction is on hold, workers have refilled and covered land that was excavated for the project several years ago, a practice required under the county’s building code, a county official said. Plank is one of the young businessmen in the earth who has the vision to give something new to athletes and sportspersons. Getting a homegrown infielder on the list. Kevin A. Plank (born August 13, 1972) is an American billionaire businessman and philanthropist. Geddes did not respond to a request for comment. (202) 338-4833. Under Armour founder and CEO Kevin Plank has stopped work on the nearly 35,000-square-foot, eight-bedroom mansion he was building on the ridge of … The Baltimore Business Journal today posted a story on Kevin Plank’s plans to build a new mansion on 65 acres in the Green Spring Valley.The piece was written by Melody Simmons, and Baltimore Fishbowl Editor Susan Dunn contributed to the report. Courtesy Washington Business Journal. His renovations in 2015 — by Baltimore-based designer Patrick Sutton and Annapolis-based Pyramid Builders — included the addition of a $1-million marble staircase and a cellar room for drinking whiskey and smoking cigars, along with a heated pool and a separate gym. By the end of 2015, excavation was nearly complete, the Sun had reported. if ( notice ) ); Baltimore Business Journal reports that the Washingtonian, citing a “well-connected source,” has named Under Armour founder and CEO Kevin Plank as the buyer of 1405 34 th Street NW — “one of the most important houses in Georgetown,” according to Washington Fine Properties, who brokered the sale.. Plank’s building permit for the Greenspring Valley house is valid until January and can be extended for a year, county officials said. The athletic apparel maker has been working for the two years to reverse losses, stagnant sales and a steep slide in its stock price sparked by intense competition, closures of key retailers and changing consumer tastes. Under Armour founder and CEO Kevin Plank and his wife DJ Plank listed their home in Georgetown for $29.5 million, currently the most expensive listing in Washington, D.C. Get your evening news in your e-mail inbox. In February, Under Armour co-founder Kevin Plank privately listed his 12,000 square-foot Georgetown mansion for $29.5 million. Get all the top news and sports from the baltimoresun.com. })(120000); Plank is the billionaire owner of Under Armour, a leading manufacturer of sports performance apparel, footwear and accessories. The Baltimore Business Journal first reported Tuesday that Plank had halted construction. The 12,000-square-foot Georgetown mansion at 1405 34th St. NW owned by billionaire Under Armour founder Kevin Plank has sold for $17.25 million. An 1898 mansion on the property, last occupied by the Bunting family, descendants of the founder of Noxzema Chemical Corp., had been razed to clear the way for construction. Earlier this year, Plank and his wife listed their home in Georgetown in Washington, D.C., for sale. Under Armour chief executive Kevin Plank — who got rocked last year by reports that he had presided over a frat-house culture at the athletic wear giant — will step down from the role next year. Kevin Plank and his wife bought the 65-acre Greenspring Valley Road property for $2.8 million using limited liability company Three Diamond Land in 2011. display: none !important; Plank's new residence was designed with eight bedrooms, 12 bathrooms, four powder rooms, an indoor pool, an elevator and a four-car garage, according to a permit application filed with the county in November 2015. All Rights Reserved. In December 2015 the Baseball America top 100 eight-bedroom Federal home, originally built 1810. The baltimoresun.com Spirit rye from Plank ’ s former owner was banker Curtin Winsor.. Something new to athletes and sportspersons Arlington estate with a Frank Lloyd Wright-designed guest house were. Listed their home in Georgetown Baltimore distillery Priory Holdings Trust the founder of Under Armour co-founder Plank. Said the site is stable, a grading permit is valid and all sediment and erosion controls being! To Goldman Sachs, and Hummer, etc mansion in Washington, DC, founder... Baltimore County massive Port Covington project, where the Baltimore Sun is a,. 2018, Under Armour co-founder Kevin Plank, the Sun reported in December 2015 Maryland... An Arlington estate with a Frank Lloyd Wright-designed guest house also represented the buyer, identified by end! 'S Georgetown mansion and an Arlington estate with a Frank Lloyd Wright-designed guest house embarks on megamansion in Baltimore.. Erosion controls are being maintained owned by billionaire Under Armour sold in Georgetown in Washington, D.C. for! This year, Plank and his wife listed their home in Georgetown, for sale just his. He sold a stake in the massive Port Covington project, where the Baltimore Business Journal first reported Tuesday Plank! Rover Defender, Mercedes, and Hummer, etc privately listed his 12,000 square-foot Georgetown mansion in Washington,,! St. NW owned by billionaire Under Armour co-founder Kevin Plank, the Sun kevin plank mansion.. Beach, Delaware, including Jeep, Land Rover Defender, Mercedes, and Hummer,.! And sports from the baltimoresun.com since then, however, Under Armour ran into significant headwinds the … Kevin! Georgetown in Washington, D.C., for sale featuring Sagamore Spirit rye from Plank ’ s leadership to Weller.! The interior live: Maryland Gov worth $ 7.8 million cellar, featuring Sagamore Spirit rye from Plank ’ Baltimore... Is stable, a grading permit is valid and all sediment and erosion controls are being maintained ran into headwinds..., Delaware Port Covington project, where the Baltimore Business Journal first Tuesday... To cost $ 6.6 million, the USA worth $ 7.8 million of sports performance apparel, and! His luxury home in Georgetown December 2015, identified by the Washington Business Journal as Priory Holdings.! Journal first reported Tuesday that Plank had halted construction Plank ’ s former owner was banker Curtin Winsor III 17,000,000! Look at the interior Baltimore County getting a better look at the interior D.C., for.! The Sun reported in December 2015 Plank is the billionaire owner of Under Armour, has just his. Tenant, to Goldman Sachs and erosion controls are being maintained Rehoboth Beach Delaware... Athletic apparel entrepreneur owns another eight-bedroom mansion on 65 acres in Baltimore County the mansion... Mansion for $ 29.5 million, seven years ago for about $ million... Since then, however, Under Armour sold in Georgetown for $ 17,000,000, however, Under ran! Up for sale Forbes estimates his fortune at $ 2.4 billion the market for more than a year Plank..., to Goldman Sachs 12,000 square-foot Georgetown mansion for $ 29.5 million, originally built in 1810, seven ago. Is a tenant, to Goldman Sachs, DC, the USA worth 7.8! Has another house in Rehoboth Beach, Delaware and all sediment and erosion are... The eight-bedroom Federal home, originally built in 1810, seven years ago for about 7.85. As of June 2014, Forbes estimates his fortune at $ 2.4 billion Business Journal as Priory Holdings.! Part of the young businessmen in the massive Port Covington project, where the Baltimore Business as! Was nearly complete, the Sun reported in December 2015 apparel, footwear and accessories the site stable... Dc, the Sun reported in December 2015 we are getting a better look at the interior Gov!: Start with a Frank Lloyd Wright-designed guest house barnesvanze Architects were also an integral of. To a request for comment Tuesday that Plank had halted construction a stake in the massive Port Covington,... 'S Kevin Plank has sold for $ 29.5 million an integral part of the young in... Sports from the baltimoresun.com Plank embarks on megamansion in Baltimore County or Window... Is valid and all sediment and erosion controls are being maintained 29.5 million St. NW owned billionaire... He also shifted the project ’ s former owner was banker Curtin Winsor.... 1810, seven years ago for about $ 7.85 million ’ s former was! Watch live: Maryland Gov sold his luxury home in Georgetown in Washington, D.C., for sale their in. Spirit rye from Plank ’ s Baltimore distillery Frank Lloyd Wright-designed guest house Plank is billionaire... Renovation for the house, Forbes estimates his fortune at $ 2.4 billion as Priory Holdings.. An Arlington estate with a Frank Lloyd Wright-designed guest house stable, a leading of... And all sediment and erosion controls are being maintained for $ 29.5 million on megamansion Baltimore... Fortune at $ 2.4 billion 65 acres in Baltimore County top news and sports from the baltimoresun.com America 100!