Developer Selling 50 Tides Units

A development group has refreshed 50 units in the Tides condominium complex in an effort to ignite sales in the luxury development.

New backers of the Tides condos are taking deliberate steps to renew interest at the posh mid-rise, having rescued it from hard times in the national housing slide, the Post and Courier reports.

The chief goal now: to complete sales for 50 original properties in the complex’s two newer buildings, the paper reports. Deals stalled and some buyers backed out during the real estate downturn, which started not long after the first tower filled up in 2007.

Colorado-based East West Partners, which is aligned with the development group that purchased a defaulted note on the 120-condo Mount Pleasant waterfront haven at the foot of the Ravenel Bridge last year, is heading the ramped-up sales effort, according to the Post and Courier.

Located on the west side of the Ravenel Bridge, with views of the Cooper River, the complex has one of the region's most desirable views. Another condo complex is planned for the east side of the bridge in the Bridgeside II development, which will include office space, retail and housing.