Owner Main Street Community Capital to add 96 hotel rooms and new rooftop restaurant/bar to existing apartment complex with f&b, entertainment, and retail space; This is MJH’s first JDV by Hyatt, its second Main Street project, and the fourth Hyatt hotel in its portfolio
[Danbury, Conn., July 6, 2022] — Main Street Community Capital (MSCCap), a Midwest based development company, has selected Meyer Jabara Hotels (MJH) to manage its JDV by Hyatt in Dubuque’s Historic Millwork District. The 96-key project will reside on several floors of the Novelty Iron Works complex. The complex is a former “ironworks” turned millwork factory built starting in the 1880s that was converted to a residential complex with food and beverage outlets, entertainment space, retail shops, and courtyard. When complete, the JDV by Hyatt Dubuque will feature a rooftop restaurant and bar also managed by MJH. Construction will begin in Fall 2022, with a grand opening planned for Fall 2023. This is the fourth Hyatt hotel in the MJH portfolio, its second management contract with MSCCap, and its first JDV by Hyatt branded property.
“Main Street Community Capital is continuing on its mission to revitalize America’s cities and towns outside of major metropolitan areas,” said MSCCap Founding Partner David-Elias Rachie. “JDV by Hyatt is the ideal brand to bring to Dubuque as it reflects the neighborhoods in which each hotel resides. This project – which is the last phase of Novelty Iron Works, a cornerstone of the city’s Historic Millwork District Master Revitalization Plan – will mirror its surroundings with exposed brick and industrial metal integral to the design. Guest rooms will feature a relaxing vibe as unique as the people who prefer the boutique experience. Working closely with JDV, our new rooftop restaurant and bar will be designed to cultivate conversations and celebrations that keep people coming back. We have full confidence under Meyer Jabara’s superb management, the JVD by Hyatt will quickly become ‘the place to stay’ as there is no hotel in the region quite like it.”
MSCCap’s Hyatt Place and Conference Center in Mason City, Iowa, will also be managed by Meyer Jabara Hotels when it opens next year. DLR Group of Minneapolis will oversee the architecture, engineering, planning, and interior design of both MSCCap projects as well.
Live, Stay, Work & Play
The Novelty Iron Works building currently offers modern living in the heart of historic downtown Dubuque. The pet-friendly housing complex features studio, one bedroom or two bedroom loft-style apartments with modern amenities and in-unit laundry. Also located in the building are Backpocket Taproom and Beercade, The Comedy Bar, Gary Dolphin’s Iron Bar, Dolph’s Courtyard, Gino’s East Pizza, Vivie Boutique, Rustic Charm Décor Barn, The Consignment Store, Joey Wallis Photography, two Ballrooms and various meeting rooms. Residential lofts will remain as new neighbors to the hotel project. Renderings of JDV by Hyatt and the new rooftop restaurant and bar will be available in the coming weeks.
“We are delighted to be adding the JDV by Hyatt brand to our portfolio of third-party management contracts,” said Justin Jabara, President of Meyer Jabara Hotels. “The brand name alone – joie de vivre – which means ‘to enjoy life exuberantly’ encourages guests to celebrate their travels and make each stay their own. This brand is not only ideal for Dubuque, since there currently is no Hyatt representation in the city, but it will be a keystone to the region’s aggressive economic development strategy. This area is ripe for urban mixed-use development, and Meyer Jabara Hotels is thrilled to play such an integral role in its success as we provide exceptional accommodations to those visiting this neighborhood and fueling the District’s model sustainable community.
“We would like to thank MSCCap for their ongoing partnership as we bring our professional management services to hotels across the Midwest,” Jabara said. “Together, MJH and MSCCap are driving innovation and creating memorable places to live, stay, work, and play.”
About Meyer Jabara Hotels
With headquarters in Danbury, Conn., Meyer Jabara Hotels is an award-winning hospitality company owning, operating or leasing hotels and restaurants in 11 states throughout the eastern portion of the United States. The company was formed in 1977 as Motel Hotel Associates through the partnership of William Meyer, a specialist in real property law, and Richard Jabara, a second-generation hotelier. Their portfolio of hotels includes Marriott, Hilton, Choice, Hyatt, InterContinental, and Wyndham brands, as well as several independent hotels. The company culture, referred to as “The Journey,” is considered by Meyer Jabara Hotels to be their strongest competitive advantage because it challenges and encourages each team to create special relationships, or heart connections, with the key stakeholders: business partners, associates and customers. For more information on Meyer Jabara Hotels, visit www.meyerjabarahotels.com.
About Main Street Community Capital
Main Street Community Capital (MSCC) is on a mission to assist America’s rural and small cities seeking to undergo downtown transformation. Once neglected by national entertainment, hospitality, and retail companies, post-pandemic Main Street America is currently poised to experience renewal and growth through innovative public/private partnerships. Partnering with federal, state, and local governmental entities, MSCC provides capital and other development resources to revitalize Main Street America through market-relevant, mixed-use programming supporting the growth and improved quality of life of its partner communities. For more information on Main Street Community Capital, visit www.MSCCap.com