Buzz @ The Beach! Lighthouse Cove – Dewey Beach / Re-Development Update
April 22, 2013
The Residences at Lighthouse Cove – Dewey Beach Teri DiSimplico
The New Penthouse Condos at Dewey Beach
So, what’s all the buzz about? The fabulous new penthouse luxury condominiums nestled in the nationally known resort town of Dewey Beach. Summer is almost here and the Lighthouse Cove condominiums are on the horizon.
Here is a quick recap. The Residences at Lighthouse Cove are magnificent brand new condominiums in Dewey Beach and are part of a major “mixed use” commercial and residential redevelopment project. This redevelopment project, Lighthouse Cove (formerly known as Ruddertowne), is owned by Dewey Beach Enterprises and whose managing partner is Harvey, Hanna and Associates (HHA). This multi-phased project is comprised of new luxury bayside condominiums and a world renowned Hyatt Place Hotel, three superlative restaurants, and future retail/commercial space. The Hyatt Place Hotel will offer five-star accommodations, a conference center with banquet facilities and meeting space, and ample parking.
The upscale, lavish two and three bedroom condos are located on the fourth floor of the complex – above the Hyatt Place Hotel. The condos will have their own private lobby and elevator, and two parking spaces in a private, secure parking garage. The condos will offer spectacular, unparalleled, unobstructed views of both the Atlantic Ocean and the Rehoboth Bay. This is perhaps the biggest selling point for The Residences of Lighthouse Cove and new condominium owner, Dave Geiger, co-owner of Horizon Services and Real Estate Investor, agreed. “The sunrises and sunsets are what sold me (to buy a condominium),” commented Geiger.
These condominiums are built to last and with only the finest, first-class amenities. The standard amenities – such as 9’ceilings, private gardens on interior units and balconies overlooking the Rehoboth Bay and Atlantic Ocean – are far above average. Plus, condominium owners and their guest will have access to The Hyatt Place Hotel’s exceptional amenities, including its indoor swimming pool and spa, for a nominal fee. The hotel will have an indoor pool, fitness center, concierge service, repair and maintenance service and room service. Only at The Residences at Lighthouse Cove will homeowners experience luxury living and luxury service.
Construction of these luxury penthouse condos is proceeding at an accelerating pace .The temperatures are climbing. The winter days are sliding away. There is that delightful sense that summer is just around the corner. And, the progress is amazing. Spirits are high and thoughts are positively focused on a July 4, 2013 completion date, giving buyers plenty of time to reap the benefits of summer and autumn days at the beach. It is just in time for homeowners to put the key in the lock of their new condo, dip their toes in the sand at the neighboring beach and relish the unmatched views of both the Rehoboth Bay and Atlantic Ocean from their very own windows. A world of bayside and ocean activities are just one block away, and these condos are worth the wait.
To date, six of the sixteen condo units are already reserved. And, with warmer weather as well as the project taking physical shape, there has been increased activity, more foot traffic and more interest. In fact, new prospects are contemplating an oceanside balcony or bayside terrace view for their new home at Lighthouse Cove.
“Since the set up for building the condos is like empty modules of 500 sq. ft. each, the floor plan is initially open and we will build them out as we sell the units, to the buyer’s individualized wish list, offering tremendous flexibility to the buyer,” explained Thomas Hanna, Vice President of HHA. The buyer can select two or three bedrooms Residences, along with numerous other options with the base price starting at $590,000 up to $1,100,000. “We tailor the package for the buyer,” added Hanna.
This is indeed true. In fact, a current buyer loves the two-bedroom condo’s floor plan but wants it to be larger. The staff is working now to accommodate his customized wishes.
Additionally within a week, architectural renderings of the interiors of the Residences at Lighthouse Cove will be available, showing two breathtaking views. Plus, the Hyatt Place Hotel – the first-ever Hyatt brand in Delaware – has made strides of its own in the areas of both staffing and reservations.
This entire project is designed to enhance the resort beach experience, while revitalizing the economy in and around Sussex County by bringing hundreds of jobs to the area. The Lighthouse Cove Resort – Dewey Beach will increase property values in the surrounding locale. It also will offer a myriad of entertainment, amenities, and first-class accommodations.
Dewey Beach is an ideal blend of beach cottages, boutique shops and fine dining establishments. Dewey Beach is known for its family friendly beaches and award winning water quality. It offers a way of life for all ages. The Residences at Lighthouse Cove will bring new life to the area. Enjoy summer in style at Residences at Lighthouse Cove. A fully-furnished elegantly appointed model is available for tour. Call to set 302-212-0002 up a private showing or visit, www.theresidencesde.com
Note: The Residences at Lighthouse Cove will be offering a new buyer-broker incentive, soon to be announced.