Dewey Beach | Harvey Hanna


Promises Made, Promises Kept at Lighthouse Cove Resort in Dewey Beach

September 9, 2014

Promises Made, Promises Kept at Lighthouse Cove Resort in Dewey Beach

Lighthouse Cove Resort in Dewey Beach
Lighthouse Cove Resort in Dewey Beach

Dewey Beach Enterprises (DBE) announced yesterday that the company is ready to move onto the next phase of construction of the Lighthouse Cove Resort located at Dickinson Street on the Bay of Dewey Beach, Delaware.

The press release cited the overwhelming success of the newly built Hyatt Place Hotel in tandem with the sales of 14 of the 16 Oceanside condominiums as a sign that the second stage of the project should begin this fall and that more details would be released later this month.

The Lighthouse Cove resort encompasses the Hyatt Place Hotel; penthouse and bayside residential condominiums; retail stores and restaurants; a future conference center; and an array of public amenities.

“The pricing threshold achieved to date at the Residences at Lighthouse Cove is unprecedented in Dewey Beach, in part, due to the First Class amenities that are available on site,” stated Clint Mann, Vice President of McWilliams Ballard Inc., the company managing the sales and marketing of the Residences at Lighthouse Cove.

The average purchase price for the luxury penthouse condominiums at Lighthouse Cove is $695,314, nearly 2x (twice) the market per square foot value, thereby setting a new price standard in the Dewey Beach market. The Residences at Lighthouse Cove sales attributed to 40% of all condominium sales in the local market for the 2014 season to date.

The tax revenue created from the sale of the condos and subsequent revenue streams have financially benefited the Town of Dewey Beach, along with state, county and local municipalities.

Additionally, the Lighthouse Cove resort has generated 83 full-time and seasonal jobs at the Hyatt Place Hotel; nourished more than 100 full-time and seasonal jobs at the onsite Que Pasa and Lighthouse Restaurants; and created hundreds of construction jobs of all disciplines.

“We are thrilled with our progress to date, and our expansion plans are the direct result of our success and the commitments we have honored,” stated E. Thomas Harvey, DBE president.” DBE will build upon this positive economic performance as it commences the next phase of development later this autumn,” Harvey added.

DBE promised that the creation of the Hyatt brand hotel, combined with the sale of Oceanside penthouse units, would generate a positive economic contribution to the community, because its innovative product featured an array of 21st Century lifestyle amenities. The resort redevelopment project has created hundreds of construction, seasonal, and permanent jobs; and is helping Dewey Beach transition to a family-friendly 21st Century year-round resort.

Details on the next phase of construction are expected later in September




Good News Delaware, Your Beaches are the Cleanest!

July 1, 2014

Good News Delaware, Your Beaches are the Cleanest!

The National Resource Defense Council (NRDC) ranked Delaware Beaches as the cleanest in a ‘Testing the Waters 2014’ Report that presents information on water quality at more than three thousand national beaches along the shores of the Atlantic Oceans, Pacific Oceans, Gulf of Mexico and the Great Lakes.

Dewey Beach was dubbed the “superstar” of beaches by Delawareonline

Delaware Beaches ranked 1 of 30 states for clean beach water and 3% of its beaches in 2013 exceeded “beach action values (BAV)* which is monitored by local officials who test beach water for bacteria and issue closings or advisories when bacteria levels exceed a certain threshold.

Delaware has 50 miles of Delaware Bay coastline, 25 miles of Atlantic Ocean coastline, and 115 miles of inland shoreline along Rehoboth Bay, Indian River Bay, and Little Assawoman Bay. The state’s marine beach water monitoring program is administered by the Delaware Department of Natural Resources and Environmental Control (DNREC).—NRDC Report

This is indeed good news for Delaware whose shoreline represents a $2.2 billion industry, a major part of the state’s economy. This report and the ‘ABC Travel Guides for Kids’ that designated Rehoboth Beach as #4 in its ‘Top 5 US Family East Coast Beach Destinations for 2014’ will help to contribute to what is expected to be a record-breaking season.

A summer forecast for Delaware beaches from the state’s Tourism Office suggested this might be a record-breaking season. The Rehoboth Beach-Dewey Beach Chamber of Commerce and Southern Delaware Tourism both reported an increase in the number of people requesting information on vacationing in Delaware. —News Journal

If You’re Looking to Invest in Delaware’s Beach Industry, Consider The Residences:

[youtube https://www.youtube.com/watch?v=n93E38UPnFA]

The Residences at Light House Cove, Dewey Beach are a limited collection of sixteen, 2- and 3-bedroom penthouse condominiums. Located above the new Hyatt Place Hotel, The Residences feature sweeping views of both Rehoboth Bay and the Atlantic Coastline.

Sales have begun. Call 302.212.0002 to schedule your private tour and speak with our sales director or Contact Us today.

*The EPA recently issued a new Beach Action Value (BAV), which is a more protective threshold than the national allowable bacteria levels used in previous years to trigger beach advisories.