RISING TIDES The O fficial Newslet ter For Tides IV Luxury C ond ominiums In Mount P leasant · D ecember 2016
New Decorator Model Residences Now Open!
INSIDE • Sales & Marketing Review • Tides IV Community News • East West Partners Update • We’re Here For You
2016 BANNER YEAR FOR LUXURY CONDO SALES
This past year was the biggest in
at an average of $1,037,673. While
(another record), the sweet spot for
the Charleston luxury condominium
there were five condominiums that
buyers was in the $800,000-$899,000
market since 2005 in terms of number
traded hands for over $2 million
range with 16 closings.*
of closings. There were 79 closings in IV credits 32 closings, leaving 47 on
SALES & MARKETING
the resale market. In context, the past
few years have averaged 30 closings
recently represented the Hatcher
the new Tides IV video featuring
per year on the resale market. Even
family from Richmond, Virginia in
testimonials, drone footage, and
in 2007, when the original Tides
their purchase of a two-bedroom
images of the finished building. It is
buildings were completed, only 65
residence in Tides IV. The Hatchers
scheduled to be released in January.
closings occurred.
have always had an affinity for
The market has also seen an
Charleston and now that they have
of never-before-released residences
increase of 6.5% in price per square
children here, found Tides IV the
to market, with some of the best
foot from last year. Buyers purchased
perfect place for a second home.
views, as well as a few lower-priced
2016 compared to 80 in 2005. Tides
condominiums in 2016 * Source: Charleston Multiple Listing Service 12.15.16
Helen Geer of William Means
We are excited about completing
We will also soon list a handful
residences back in inventory.
Tides IV Community News holiday party, owners turned carolers,
And recently, owners cooked
owners have been settling into their
joining in on an impromptu jingle.
homemade pizzas and held a chili
new homes at Tides IV—just in time
The weekly Sips & Apps on Friday
cook-off featuring homemade recipes.
for the holidays. And we’re decking
nights has recently felt more like an
Charleston may be home to some of
the halls as everyone gets in the
episode of Top Chef (coincidently
the best restaurants, but Tides IV is
festive spirit. At the recent Tides IV
filming in Charleston this season).
quickly making a name for itself.
Over the past several months
E AST W E ST PA R T N E R S C O M PA N Y N E W S U P D AT E
We are excited to announce that
condominiums, commercial space,
Over 15 years ago, East West
through a joint venture with KSL
and an events plaza/skating rink.
Partners began Riverfront Park,
Capital Partners, LLC (KSL) and
“We believe the completion of Base
reviving the deteriorating historic
Aspen Skiing Company (ASC), East
Village will be a great addition to
Union Station area with a vibrant,
West Partners will be acquiring the
Snowmass, and we could not imagine
new neighborhood. We recently broke
Snowmass Base Village. This multi-
a better group of partners to join forces
ground on a 334-unit condominium
year project will include a hotel,
with to make this happen,” said Craig
building, called The Coloradan, in
Ferraro, managing partner, East West.
the heart of Denver. “This is the last opportunity to own a piece of this newly iconic neighborhood,” said Chris Frampton, managing partner, East West.
T H E
C O L O R A D A N
WIDE SELECTION OF 1- 2- AND 3-BEDROOM DESIGNS REMAINING
New Decorator Model Residences Open
Located just off the east end of the Ravenel Bridge
We now have three model
Just contact us at 843 388 4681
residences open for showings which
to set up your private tour and
is a great way to see and touch the
experience the many benefits of
beautiful finishes and thoughtful
luxurious Lowcountry living.
designs of Tides IV.
We look forward to seeing you!
New Tides IV Decorator Models Now Open
For details on the property, visit us at www.TidesIV.com
Schedule a private tour by contacting us at 843 388 4681
DEVELOPER
I N F O R M AT I O N
East West Partners-Charleston
www.TidesIV.com
SALES
SALES OFFICE ADDRESS
Mac Triplett at Mac@TidesIV.com
155 Wingo Way Mount Pleasant, SC 29464
Graham Worsham at Graham@TidesIV.com
The Tides IV brokerage company name has changed from Cooper River Realty, LLC to East West Realty, LLC and will be reflected in MLS.