14A — November 8 - 21, 2013 — Mid Atlantic Real Estate Journal
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D el M ar V a Part of the recently completed Phase One of the Lighthouse Cove redevelopment project Hyatt Place Dewey Beach hosts grand opening celebration
M
ore than 400 peo- ple came together Thursday October
24 to join in the ribbon-cutting and grand opening celebration for the first Hyatt Place hotel brand in the State of Delaware - Hyatt Place Dewey Beach. Governor Jack Markell made a special appearance at the event, which was hosted by property owner Dewey Beach Enterprises (DBE) and the internationally-recognized hotel management firm, Meyer Jabara Hotels. “This is a project that Dew- ey Beach is worthy of,” said Markell during the ceremonies. “Let’s make it so. Let’s make these people wildly successful in this new venture.” Markell expressed Speaker of the House Pete Schwartzkopf ’s (D-Rehoboth) congratulations and his regret at being out of state and unable to attend. Senator Ernie Lopez (R-Lewes) shared in the festivities, as did other state legislators and representatives of Delaware’s federal legislators. Also present to enjoy the celebration were Dewey Beach Mayor Diane Hanson; Com- missioners Legates, Mauler and Riordan; Town Manager MarcAppelbaum andAssistant Town Manager Jim Dedes. Welcoming those who sup- ported the project, and those who did not, Harvey said he has sometimes found that solid friendships and professional relationships built on mutual trust have begun in contro- versy or worse. “Our philosophy is always to address and resolve con- flict, find a solution, honor our word and, above all, to stay the course,” Harvey said. “This we have attempted to do, and we will continue to do. Just as importantly, we want to fit in, get along with our neighbors and be as positive an influence in Dewey Beach as we can pos- sibly be.” Hyatt Place Dewey Beach is part of the recently completed Phase One of the Lighthouse Cove (formerly Ruddertowne) redevelopment project, which also includes 16 penthouse condominiums above the ho- tel, additional parking and an expanded public bayside beach on Van Dyke Street. During Phase Two, sched- uled to begin next year, the Lighthouse Cove project will expand to include bayside con- dominiums, a 21st century con-
ference center, more interior off-street parking, new retail, dining, and professional space, a public Baywalk, and more. “This project’s been a seven- year journey. It’s a labor of love on the design of Phase One and of Phase Two to come,” said Harvey. The mixed use redevelop- ment project is owned by Dew- ey Beach Enterprises (DBE), whose managing partner is Harvey, Hanna & Associates, Inc. DBE’s vision is helping this summer resort town evolve into a 21st Century destination worthy of its many amenities and consistent with the Town’s comprehensive development plan. As a unique stretch of About The Lighthouse Cove Redevelopment
largest new homes sales and marketing firms in the nation, to assist with the marketing and sales of phase 1 luxury condominiums. The mixed-use resort project is one of the largest private sector construction projects underway in Delaware. Upon completion, the Lighthouse Cove Project will have a positive economic effect on the entire re- gion, year-round employment, expanded family entertain- ment choices for Dewey Beach and neighboring communities throughout the county. By Georgia Leonhart and Ryan Kennedy, director of marketing at Harvey, Hanna & Associates, Inc. n P h o t o C r e d i t s : K a r l Richeson
real estate, Dewey Beach is a barrier island only two blocks wide, one mile long, and sur- rounded by water-the Atlantic Ocean to the east and the Rehoboth Bay to the west. For families who love the water and family-friendly destinations, Dewey Beach marks a “way of life” for all types of recreation and relaxation, located only a short drive fromNewYork City, Philadelphia, Washington, D.C. and Baltimore. Given the scope of the project, DBE is partnering with special- ists who know their respective trades. DBE secured a fran- chise agreement with Hyatt Hotels Corporation in July 2012. The Hyatt Place Hotel marks the first-ever Hyatt brand in Delaware.
Meyer Jabara Hotels, an award winning hospitality company owning and operating premier hotels in 13 states, has been retained by DBE to oper- ate the new Hyatt Place Hotel and adjacent conference center. Meyer Jabara represents the brands of Marriot, Sheraton, Hilton, Hyatt, Holiday Inn and Crowne Plaza as well as inde- pendent boutique hotels. The phase 1 luxury condomin- iums, known as The Residences at Lighthouse Cove, are being built on the 4th floor above the Hyatt Place Hotel and thereby feature unparalleled Oceanside views, with 2 bedroom and 3 bedroommodels offering balco- ny or terrace privacy. DBE has retained McWilliams Ballard of Washington, DC, one of the
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