Ruggiero Launches High-End Riverfront Development

VANCOUVER, WA-Earth is moving for Tidewater Cove, a high-end riverfront development mixing condominiums, food, office space and a marina west of Marine Park on the Columbia River.

Specifically, the project includes 138 condominiums, a 60,000-sf office building, an 8,000-sf restaurant and a private96-slip marina with rec building. The first phase, which is 85% reserved and being financed by U.S. Bank, will include 45 condominiums in three buildings that will sell for an average of $695,000.

The managing developer of the project is Courtesy Development, which is owned by Rick Ruggiero. Ruggiero tells GlobeSt.com that financing is still being arranged for subsequent phases, but adds that the speculative office portion of the project should begin in less than 90 days and entire project should be completed in about 18 months.