Press Releases

REVERIE ON THE ASHLEY OPENS THE DOOR TO PHASE 3 OF SALES

NORTH CHARLESTON, S.C. — Something exciting is happening in a secluded place on the Ashley River! With the opening of Phase 3, Reverie on the Ashley, the new 88- unit luxury waterfront condominium development, expands its offer for a premiere level of luxury never before seen in the Charleston condominium market. Phases 1 and 2 are completely sold out and contracts for Phase 3 are currently underway.

Phase 3 of Reverie will include 16 waterfront units, adding additional availability to the most luxurious condominium homes to be introduced in North Charleston, the fifth fastest growing city in South Carolina. It will feature expansive 1,800 square foot two and three-bedroom floor plans with private balconies and lavish top-floor penthouses with their own private balconies and sprawling rooftop terraces— ranging in price from $550,000 - $940,000. The elite penthouses boast up to approximately 650 square feet of private outdoor space and spectacular views, affording a level of entertaining space unmatched by any other condominium complex in the greater Charleston area.

“The overwhelming success from the first two phases of Reverie reinforces that we are offering an experience unlike any other: a true nature retreat with a genuine luxury home lifestyle. Reverie on the Ashley is truly unmatched,” said Ben Gramling, managing partner of Reverie on the Ashley, LLC, and president of Gramling Brothers Real Estate and Development.

REVERIE ON THE ASHLEY OFFERS PHASE 3
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“We have found that buyers are as passionate as we are about preserving the land on which Reverie lies, and are therefore acting fast, as the window of opportunity to purchase at Reverie is quickly passing. We expect the Phase 3 demand to be even more impressive, so all interested should take advantage of this unique property while they still can,” said Dick Stober, principal of Atlantic Island Properties and exclusive listing agency in Reverie.

Each home features an elegant interior featuring spacious gourmet kitchens with a 6- burner stove, convection oven, stainless steel appliances, crushed quartz countertops, Australian cypress hardwood floors and 10-foot ceilings. Private, deepwater boat slips are an exclusive purchase option for select units, an increasingly rare amenity along the coast. Additionally, BellSouth and DirecTECH have partnered to offer data, voice and DirecTV services to Reverie residents, along with wireless Internet services in common areas. Phase 1 of Reverie is currently under construction and is expected to open in
October 2006 with Rhythm on the River, a gala waterfront concert under the stars presented jointly by Charleston Magazine and Reverie, featuring the Charleston Symphony Orchestra.

Sales for Phase 3 of Reverie on the Ashley are now open. For more information or to schedule a personal tour, please call 723-6262 or visit www.ReverieOnTheAshley.com.

REVERIE ON THE ASHLEY OFFERS PHASE 3
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About Reverie on the Ashley
Amid live oaks dripping with moss and the gentle breeze off the Ashley River lies Reverie on the Ashley, 88 luxury waterfront condominium homes located on the Ashley River in North Charleston. The developer’s decision to preserve the serenity and pure landscape of the property makes Reverie on the Ashley a true and unique nature retreat. Reverie is located convenient to downtown Charleston, the North Charleston Performing Arts Center and the Charleston International Airport, and is one-quarter mile off of I-526 at exit 14, Leeds Avenue.

Media Contact:
Caroline Nuttall
Rawle Murdy
(843) 577-7327
CNuttall@RawleMurdy.com