Coastal Delaware Real Estate Developer
Portfolio
New construction 2,450sft Starbucks in Pocomoke City, MD. Located adjacent to US RT. 13, this is a high visibility location with easy access. Anticipated construction completion date: August 2024.
108,000 Sqft commercial shopping center located on Coastal Highway in Rehoboth Beach, DE. This center is anchored by Aldi other tenants include andThat! & PetSmart. New TJ Maxx under construction and anticipated to open Fall of 2024!
Now Selling! Spring Lake is an 86-unit luxury townhome project just steps from the Rehoboth & Dewey Beach. This project is the last large undeveloped tract of land East of the Rehoboth Canal. Reed Ventures is excited to bring these units to the incredibly active Rehoboth and Dewey Beach markets.
Status: Active Construction
Units: 86
Builder: NVR Homes
Coastal Square is a newly acquired 1.64 acre commercial parcel on highly traveled Rt.1 in Lewes, DE. Reed Ventures is actively pursing a single or multiple tenants for this parcel. Ground lease, or build-to-suit will be considered for proper tenant.
- Size- 1.64 Acres
- Status- Available
Currently Under Development! Catching Cove is a quaint 24 unit community right in the heart of Lewes, DE. Located less than 1 mile from downtown historic Lewes, and less than 2.5 miles from beautiful Lewes Beach & Cape Henlopen State Park!
- 24 Single Family Detached Units
- Builder: Capstone Homes
- Status: Currently Under Development
Bay Pines is a quaint community centrally located in Lewes, DE. Minutes away from popular golf clubs, the Angola Neck Nature Preserve, and all the recreation options of the Delaware seashore.
- Units: 35 Single Family Lots
- Builder: Capstone Homes
- Status: Sold Out
Bay Pointe is a premier community located on scenic Herring Creek, in Lewes, DE. Bay Pointe features a community pier and gazebo overlooking Herring Creek, along with a beautiful clubhouse and pool.
- Units: 165 Single Family Lots
- Builder: Ryan Homes and Capstone Homes
- Status: Sold Out
Bay Ridge Woods is a community of 3/4 acre and larger wooded lots located on Angola Road in Lewes, DE.
- Units: 49 Single Family Lots
- Builder: Gemcraft Homes
- Status: Sold Out
Cannery Village is a large master planned, traditional neighborhood designed community that is just steps from quaint downtown Milton, DE. This community is full of amenities including a 12,000 sf clubhouse, fitness center along with indoor and outdoor pools. Another cool feature of Cannery Village is that Dogfish Head distillery is located within the community, where they offer tours and tastings! Phase 4 of Cannery Village is set to break ground soon!
- Units: 531 consisting of Single Family Lots, Duplexes, and Townhomes.
- Builder: Ryan Homes, NV Homes, and Capstone Homes.
- Status: New phase coming soon.
Henlopen Landing is conveniently located on Plantation Roads in Lewes and across the street from Lowe’s. The community was the first major lot acquisition for NVR at the Delaware beaches in the early 2000’s. The project was wildly successful at the time with over 50 sales per year. Many other National builders took notice and began establishing divisions in Coastal Delaware.
- Units: 277 Single Family Lots
- Builder: Ryan Homes
- Status: Sold Out
Estates at Bridle Ridge is an equestrian themed community of estate sized lots in Lewes.
- Units: 46 Single Family Lots
- Builders: Custom
- Status: Sold Out
COMING SOON! Milton Crossing is set to break ground summer of 2021. This 87 lot community located in Milton, DE is located just off of Route 1. Residents will provide residents quick access to the wonderful beaches, dining and shopping that southern Delaware has to offer. Milton Crossing will offer spacious 3/4 acre lots, a community clubhouse and pool.
- Lots: 87 Single Family Lots
- Builder: Capstone Homes
- Status: Active
Holland Mills is a quiet community located in Milton, DE. Just minutes from the Delaware Beaches, shopping, along with great dining, this community gives privacy while still maintaining a central location. Reed Ventures affiliate Capstone Homes is also the builder in Holland Mills!
12 acre parcel at the corner of Rt 9 and Minos Conaway Road.
- Units: 38 Duplex Units
- Builder: Ryan Homes
- Status: Sold Out
COMING SOON! Preliminary approval has been granted for a GR-RPC consisting of 54 single family lots on Herring Creek in Lewes, Delaware. Located across the street from the number 2 ranked golf course in Delaware, Baywood Greens, and just minutes away from the coastal Delaware Beaches!
Windswept at Lewes is currently 50% sold out, with the final phase of site work to break ground Q3 2023. This is a “Workforce Housing” project that aims to provide an underserved market with affordable housing. Currently the coastal Delaware market has neglected to deliver a new housing project that is affordable to average working family. We aim to fulfill that demand and serve our local workers with the Windswept at Lewes project. Homes in Windswept will start at $290,000.
- Units: 201 Single Family Lots
- Builder: Ryan Homes – Simply Ryan Product
- Status: Active
- Beachfront home in Lewes
- Complete renovation of existing house and addition of 3 car garage, 3 new bedroom suites, expanded living areas, custom millwork throughout, and roof top deck.
- Elevator
- 8,000 +/- sf after additions
- Sold for new Lewes record of $4,850,000.
Custom design and build by Reed Ventures.
- Waterfront 14,000+/- sft estate sitting on 15 acres
- 200+ tons of natural stone
- 6 bedroom, 8.5 baths
- Elevator
- Pool and pool house
- 6 stall horse barn
- 5 car garage
- Oceanfront living in Rehoboth Beach!
- 3,350 +/- SF (max permitted by Rehoboth Beach FAR restrictions)
- 5 bedroom, 5 bath
- Elevator
- Detached garage
- Sold for $3,300,000
Custom cedar shake home in 2nd block of South Rehoboth.
- 75′ x 100′ lot
- 3,750 sf
- 5 bedroom, 6 bath
- Sold for $2,750,000
Custom residence on double lot in 2nd block of South Rehoboth.
- 100′ x 100′ lot
- 4,500+ sf
- 2 car garage
- 10 ceilings
- Sold for $3,200,000
Oceanfront on Rehoboth Boardwalk.
- 50′ x 100′ lot
- 4 bedroom, 4 baths
- Elevator
- Sold for $3,075,000
New design and build one row off the beach in Lewes.
- 60′ x 100′ lot
- 4 bedroom, 3.5 bath
- 4,100 sf
- Elevator
- Rooftop deck
- Sold for $1,795,000
Regional Shopping center located on Rt 113 in Millsboro, Delaware. This 60+ acre site was annexed into the Town of Millsboro, rezoned, 2 signalized intersections constructed, water & sewer extended, and developed in 2008.
- Size: 400,000+ sf
- Tenants: Lowe’s, BJ’s Wholesale, PetSmart, Chick-fil-A, McDonalds, Grotto Pizza, Burger King, Popeyes, Taco Bell, WSFS Bank, Sleepy’s, Peninsula Denistry, Fresenious Medical, Peninsula Medical Center, and many more.
Neighborhood shopping center strategically located on Coastal Highway at the prime signalized intersection with Route 9 (Cape May – Lewes Ferry Road) in Lewes, Delaware. This former Lowe’s property was acquired in 2001 and redeveloped by Reed Ventures.
- Size: 101,621 sf
- Tenants: HomeGoods, Kitchen & Company, Cape Wine & Spirits, Aesthetic Center, Citizens Bank and Beacon Building Supply.
First-class, build-to-suit, multi-specialty medical building located on Coastal Highway in Lewes, Delaware. The practice contains a walk-in care practice, pediatrics, and primary care.
- Size: 8,000 sf
- Tenant: Aspira Health
Prime commercial space on the Rehoboth Beach boardwalk. Located at Virginia Avenue.
- Size: 6,000 sf
- Tenants: Rehoboth Toy & Kite and Atlantic Cycles
Anchor tenant to power center of Peninsula Crossing located in Millsboro, DE.
- Size: 125,601 sf
Commercial buildings and 4 billboards located on Lewes Georgetown Highway across the street from proposed new Bayhealth facility.
- Size: 4,500 sf
- Tenants: State Farm, Visiting Angels, and Budget Blinds.
Office space on 1 acre commercial lot on John J. Williams Highway in Lewes, Delaware. Prime redevelopment site in the future upon the completion of DelDOT’s Route 24 widening project.
- Size: 2,800 sf
- Tenant: Tidewater Property Management
Office complex on 2 acre commercial lot on Lewes Georgetown Highway in Lewes, Delaware.
- Size: 12,500 +/- sf
- Tenant: Capstone Homes