Lighthouse Cove Development Company (LCDC) announced that Nason Construction, Wilmington, will serve as the general contractor for the next phase of development at the Lighthouse Cove Resort in Dewey Beach.
The next phase of construction, scheduled to commence this month will include 27 additional luxury condominium units, including expanded parking, rooftop pool and plaza.
Nason Construction is a family-owned-and-operated builder specializing in preconstruction services, construction management, design-build, general contracting and sustainable practices, a release stated.
Nason currently operates across three Mid-Atlantic regions – Wilmington, Philadelphia, and the Delmarva Peninsula.
“We are excited and proud to be working with such a quality company like Nason Construction,” said E. Thomas Harvey, III, President, LCDC. “Their vision and commitment to quality, integrity and customer service is consistent with our own business principles. This collaboration will continue our delivery of a quality product for Dewey Beach and the regional tourism industry.”
“We are excited and humbled to be a part of this transformational project in this great beach town. The mixed-use construction segment is booming across the country, and we are honored to be involved in this trend”, said Thomas Nason, II, C.E.O./president, Nason Construction, Inc. “As Delawareans, we want the best for our home state, but we also want to provide the best to those coming from other states that make Dewey the vacation and leisure destination that it is. The expanded and improved Residences at Lighthouse Cove will attract a wide range of people to this already bustling community and provide them with a breathtaking condominium with luxurious amenities, surrounded by quality retail and great restaurants that will make them proud to have their second home here.”
Project financing will be provided by M&T Bank. “The Lighthouse Cove project is an exciting development in Dewey Beach that will transform part of the waterfront along Rehoboth Bay,” said Allison Kerwin, M&T Bank’s manager of Commercial Real Estate in Delaware. “As a community-focused bank, we are pleased to support development like this that provides quality residential options.”
Situated on the Rehoboth Bay and one block from the Atlantic Ocean, The Residences at Lighthouse Cove feature new construction one, two, three and four-bedroom homes starting at $459,900.
For more information on the current availabilities, future phase opportunities, pricing, floor plans and incentives, please visit www.TheResidencesDE.com
