Dewey Beach Enterprises and an affiliate of Hyatt Hotels Corp. have reached an agreement on an upscale hotel for the Ruddertowne complex in Dewey Beach, Del.
The announcement came after developers prevailed in a court battle.
“This is a watershed event for a world-renowned hotel company such as Hyatt to choose Dewey Beach,” said Jim Baeurle, Dewey Beach Enterprises executive director and partner.
“This agreement further validates our unwavering belief that Dewey Beach is a unique resort destination with unlimited potential for extended seasonal growth,” Baeurle said, noting that DBE’s achievement in securing the Hyatt Place franchise will have a positive economic effect on property values, year-round employment, and family entertainment choices in Dewey Beach.
Meyer Jabara Hotels, a hospitality company owning and operating hotels in 13 states, has been retained by DBE to operate the new Hyatt Place hotel and adjacent conference center.
DBE will now resume its construction activity on Phase 1 of the project, which first began last summer, so that Hyatt Place Dewey Beach can begin marketing and accepting reservations starting May 2013.
The mixed-use redevelopment project will include residential condominiums, retail stores and restaurants, hotel complex and conference center, and public amenities. The project will create hundreds of construction and permanent jobs, according to a release.
Hyatt’s other Delmarva Peninsula hotel is in Cambridge, Md. It’s the first hotel in Delaware for the Chicago company.
i am a practicing massage therapist in the rehoboth area. i am so excited to hear about the hyatt project in dewey beach. l feel lucky to live in such beautiful area. and my opinion is that this project is going to benefit the local area i many ways. best of luck moving forward.
allison risser