Named in honor of Leadville silver king and mayor Horace A. W. Tabor, the Tabor Grand Hotel became the Vendome Hotel in 1893 before closing in the 1970s. Repeated stripping of the building by short-term owners ended with the 1989 collapse of the northwest corner, exposing the naked interiors of rooms. A $3.1 million restoration in 1992 rehabilitated not only the fallen corner but the entire four-story red brick edifice for first-floor retail space and thirty-eight upper-story units of low-income housing. An octagonal corner tower above the mansarded fourth floor is the outstanding feature of this exquisite Second Empire landmark. Details include wooden pilasters mimicking cast iron storefronts, prominent fourth-floor dormers, and a bracketed metal cornice. The southwest corner room has an eccentric observatory jutting out over the sidewalk.