Sunday, September 2, 2012

Upscale Ruddertowne rebuild gets under way

Model opens for million-dollar condos in Dewey Beach

DEWEY BEACH — By next summer, the vast parking lot that fronted Ruddertowne will be replaced by a sleek five-story building, with large swaths of glass facing Del. 1, topped by million-dollar condominiums.

 

On Wednesday, the company developing the project, Dewey Beach Enterprises, released a new image of how the hotel-condominium complex will look and gave real estate brokers a sneak peek at a model condo unit, complete with iPad-controlled climate system. The model unit opens today for viewing by appointment.

Jim Baeurle, one of the project’s three owners, said the Hyatt-branded hotel and 12 upper-floor condominium units are on schedule to open Memorial Day. A second phase of construction will demolish the existing Ruddertowne complex of restaurants, bars and shops in September 2013 and replace it with a new mixed-use building set to open by summer 2014.

READ MORE:  http://www.delawareonline.com/article/20120830/BUSINESS12/308300065/Upscale-Ruddertowne-rebuild-gets-under-way?odyssey=mod|newswell|text|Home|s&nclick_check=1

 

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