Rankin also represented the buyer, identified by the Washington Business Journal as Priory Holdings Trust. The 47-year-old athletic apparel entrepreneur owns another eight-bedroom mansion on 65 acres in Baltimore County. The 200-year-old Federal-style mansion sold for $17.25 million, way under the $29.5 million originally asked but still a huge number for the Georgetown market. He founded Under Armour in 1996, initially running the business from his grandmother’s Georgetown townhouse and selling the brand’s first sweat-wicking T-shirts from his car. 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. 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. ); 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. Five Orioles prospects are in the Baseball America Top 100. 45 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. 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 … 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. Your email address will not be published. Tech Tip: Start With a Fresh Session or Browser Window. 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 has another house in Rehoboth Beach, Delaware. The project was expected to cost $6.6 million, the Sun reported in December 2015. Time limit is exhausted. Kevin A Plank is Chairman/Chief Brand Ofcr/Founder at Under Armour Inc. See Kevin A Plank's compensation, career history, education, & memberships. Listed for $29.5 million in February of 2018 — then the highest price tag in the metropolitan area — it was relisted for $24.5 million last October with TTR Sotheby’s International Realty’s Michael Rankin and Monument Sotheby’s International Realty’s Lydia Travelstead. He has many luxury cars in his garage, including Jeep, Land Rover Defender, Mercedes, and Hummer, etc. 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. The … Get all the top news and sports from the baltimoresun.com. By the end of 2015, excavation was nearly complete, the Sun had reported. 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. Please reload the CAPTCHA. (function( timeout ) { In February, Under Armour co-founder Kevin Plank privately listed his 12,000 square-foot Georgetown mansion for $29.5 million. 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. .hide-if-no-js { Please reload the CAPTCHA. Required fields are marked *. The piece is excerpted below. Times are great at Under Armour and its CEO, Kevin Plank, is reaping the rewards of its success with plans for a massive mansion in Maryland. 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 … Plank is the billionaire owner of Under Armour, a leading manufacturer of sports performance apparel, footwear and accessories. Watch live: Maryland Gov. 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