Kevin Plank—founder and former CEO of Under Armour—sold his home in the District of Columbia’s Georgetown neighborhood in the final days of this spring. And you won't believe what's inside. The piece is excerpted below. Please reload the CAPTCHA. Plank’s over-the-top mansion on 34th Street, NW, spent two years on the market before finally selling in June at a steep discount from its original asking price of $29.5 million.. Jeff Bezos, founder of Amazon (and the richest person in the world) Bought in Kalorama for $5,000,000 Time limit is exhausted. Watch live: Maryland Gov. 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. 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. (function( timeout ) { Including Kevin Plank's Georgetown mansion and an Arlington estate with a Frank Lloyd Wright-designed guest house. The 47-year-old athletic apparel entrepreneur owns another eight-bedroom mansion on 65 acres in Baltimore County. 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. 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. Plank is one of the young businessmen in the earth who has the vision to give something new to athletes and sportspersons. He has many luxury cars in his garage, including Jeep, Land Rover Defender, Mercedes, and Hummer, etc. But “the main portion of the house has not been constructed at this time, with no time frame to construct according to the contractor,” the county’s chief inspector, Matt Gawel, wrote in an email to Arnold Jablon, county director of permits, approvals and inspections. 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.. Tech Tip: Start With a Fresh Session or Browser Window. Kevin Plank's Georgetown Mansion Selling For $24.5M: Reports - Georgetown, DC - Under Armour CEO Kevin Plank is selling his $24.5M Georgetown mansion. In 2018, Under Armour co-founder Kevin Plank privately listed his 12,000 square-foot Georgetown mansion for $29.5 million. Your email address will not be published. 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. #5: Kevin Plank's Georgetown Home. × Since then, however, Under Armour ran into significant headwinds. Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland. display: none !important; BarnesVanze Architects were also an integral part of the team that executed the renovation for the house. By Sam Dangremond The Baltimore Business Journal first reported Tuesday that Plank had halted construction. Plank could not be reached through Under Armour, which referred calls to Tom Geddes, managing partner of Plank Industries, which oversees Plank’s non-Under Armour investments. He owns a nearly 16% stake of Under Armour. 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. if ( notice ) Under Armour CEO Kevin Plank embarks on megamansion in Baltimore County. Washington, DC 20007 It … The whiskey cellar, featuring Sagamore Spirit rye from Plank’s Baltimore distillery. He has another house in Rehoboth Beach, Delaware. They said the site is stable, a grading permit is valid and all sediment and erosion controls are being maintained. timeout The … notice.style.display = "block"; Kevin Plank's House (Google Maps). = 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. Time limit is exhausted. 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