Bay Creek is a thoughtfully designed residential community located in Cape Charles, Virginia, along the scenic Chesapeake Bay. As part of the current development plan, the project aims to expand community infrastructure, offer 340 residential lots for sale, and construct and sell 61 homes.
The project also includes enhancements to the amenities that make Bay Creek such a desirable destination. Upgrades are underway for the community’s clubhouse and two championship golf courses designed by legendary golfers Arnold Palmer and Jack Nicklaus.
Residents and members will enjoy two miles of private beaches and a vast nature preserve, ideal for paddle sports, fishing, and outdoor recreation. Additional lifestyle and recreational amenities are being introduced to elevate Bay Creek’s appeal as a premier place to live and vacation.
Construction Progress
Secured Senior Loan
Phased Development and Delivery
Experienced Development Team
A Regional Center With a Proven Track Record
Learn More About Bay Creek
Construction Progress
Real Estate Construction
Significant momentum continued across multiple neighborhoods this month as infrastructure and site development efforts progressed steadily.
Village F – Scott’s Landing – Phase I
In the first phase of Scott’s Landing, which includes 59 single-family homesites, bulk earthwork has been finalized. Installation of the vacuum sewer system has reached 75% completion, approximately ten days ahead of the projected timeline. Waterline stakeout work is scheduled next, and the design for electrical utilities is now complete.
Village F – Scott’s Landing – Phase II
Geotechnical investigations for Phase II have been finalized. The team is assessing new product types, and verbal approval has been granted to introduce condominiums in the southern portion of the site. As for amenities, layout designs for the community dock and kayak launch have been completed, and pricing estimates are now underway.
Fairways
At the Fairways, preliminary planning continues to make headway. Verbal planning clearance has been received for condominium development. The architectural team has redesigned the schematics to include elevator access and finalized the building footprint. Preparations for the preliminary plat have begun.
Village CA-1 – Clubhouse Area
Initial design and engineering efforts are progressing. A collaborative planning session reviewed old cottage layouts, and preliminary interior layouts began based on team input. A complete topographic survey has been finished, and CAD files are prepped for land planning once building footprints are approved. Engineers have begun evaluating the existing sewer and water infrastructure.
Resort Construction
Bay Creek’s resort amenities also saw major progress, with a number of new features nearing completion or advancing into new phases of design and build.
Bag Storage Facility
The bag storage structure is nearly finished, with installation expected in September. A plan is in place to make the facility accessible to club members immediately after installation.
Pickleball Courts
The pickleball courts are fully operational and currently in use by both residents and resort guests. Surrounding concrete walkways are in place, while finishing touches, including sun shades and benches, are awaiting delivery. Landscaping around the area is expected to be completed in upcoming weeks.
Life Center Saunas
Demolition of the existing space where saunas will be installed has begun. Two units have been ordered and are awaiting delivery date confirmation. Completion is anticipated by October 2025.
Locker Room Renovations
The renovation plan for the locker rooms has received approval from the Town of Cape Charles, and permits are expected soon. Demolition is set to begin in September, with project completion targeted for February 2026.
Main Clubhouse Roof Replacement
Kyro Builders has been selected to handle the roof of the main clubhouse. The project is set to begin in October and is scheduled for completion by November.
Secured Senior Loan
The Bay Creek EB-5 investment is structured as a senior secured loan. The loan is backed by a first-lien mortgage on portions of the development site. Each EB-5 investor is associated with a separate loan tranche, each with a four-year term. These individually structured tranches are uncommon in EB-5 projects, and the shorter loan duration further distinguishes Bay Creek from typical rural offerings.
Phased Development and Delivery
Bay Creek has been under development for several years and has sold nearly 300 lots and delivered numerous homes. The current approach leverages a flexible, phased development model, allowing the team to pace construction in alignment with market trends. This strategy reduces exposure to market fluctuations and enhances project resilience, creating a more secure investment environment for EB-5 participants.
Experienced Development Team
The Bay Creek development is led by Bobby Masters, who has served as General Manager since January 2020. He is responsible for overseeing the community’s full range of operations, including development, sales, and club management. With four decades of experience in large-scale residential communities, Mr. Masters has managed development in over 15 communities comprising more than 30,000 homes across 25,000 acres.
He has extensive expertise in the management of premium amenities, including golf courses, marinas, hospitality venues, and homeowner associations.
A Regional Center With a Proven Track Record
EB5AN, the regional center sponsor for Bay Creek, has a long track record of managing successful EB-5 investments. The company has facilitated over $1 billion in EB-5 capital, supporting projects valued at more than $7 billion in total development.
To date, EB5AN has assisted over 2,700 immigrant families from more than 70 countries in relocating to the United States through high-quality, low-risk investment offerings. All adjudicated regional center-sponsored projects offered by EB5AN have been approved by USCIS.
Learn More About Bay Creek
Few EB-5 projects offer the combination of strong financial protections and high immigration safety that Bay Creek does. With its senior secured loan structure and established development strategy, the project stands out as a compelling investment opportunity in the EB-5 market.
For more information on the Bay Creek project or other available EB-5 projects, please schedule a one-on-one call with EB5AN.
