Bay Creek continues to make steady progress this month as both residential and resort construction activities advance throughout the community. Located along Virginia’s scenic Chesapeake Bay in Cape Charles, Bay Creek blends coastal charm with a comprehensive selection of lifestyle amenities. Residents and members enjoy private beaches, a preserved natural landscape, and two championship golf courses designed by Arnold Palmer and Jack Nicklaus.
Ongoing enhancements to community facilities, infrastructure, and recreation areas further elevate Bay Creek’s reputation as one of the premier destinations for relaxed coastal living on the Eastern Shore.
Construction Progress
Secured Senior Loan Structure
Phased Development Approach
Experienced Leadership
Proven Regional Center Sponsor
Learn More About Our EB-5 Projects
Construction Progress
Real Estate Construction
Village F – Scott’s Landing – Phase I
Construction milestones for Phase I remain largely complete. Bulk earthwork, the vacuum sewer main line, water main line, sewer laterals, water services, and water and sewer tie-ins are all fully installed. Phase I ANEC road crossings have been finished, and stone placement is now 100% complete. The curb crew has mobilized and is awaiting favorable weather to begin installation.
Village F – Scott’s Landing – Phase II
Phase II planning and pre-construction efforts continue to progress. Preliminary land planning is now 100% complete and civil engineering plans have been fully revised. Geotechnical activities have been completed, including all preliminary fieldwork and borings, with the final geotechnical report received.
Village CA-1 – Clubhouse Area
Preliminary engineering investigations of the existing water and sewer systems have been completed, supporting the ongoing pre-development planning. The topographic survey for the site is also fully complete, providing critical information for detailed design and engineering efforts moving forward.
Secured Senior Loan Structure
The Bay Creek EB-5 project is financed through a secured senior loan, supported by a first-lien mortgage on portions of the development site. Each EB-5 investor participates in a distinct loan tranche with a four-year term. This individualized structure is rare in EB-5 offerings, and the shorter term further sets Bay Creek apart from typical rural projects.
Phased Development Approach
Bay Creek has been under development for several years, with nearly 300 land lots sold over the past five years. The current development strategy uses a phased approach, allowing construction to be paced in line with market conditions. This method reduces exposure to market fluctuations and enhances the project’s long-term resilience.
Experienced Leadership
Bobby Masters has led Bay Creek’s development since January 2020. With over 40 years of experience in large-scale residential communities, he has overseen the creation of more than 30,000 homes across 25,000 acres. His expertise spans the design and management of high-end amenities, including golf courses, marinas, hospitality venues, and homeowner associations, positioning him to effectively guide Bay Creek’s ongoing growth.
Proven Regional Center Sponsor
Bay Creek is backed by EB5AN, a regional center operator with a strong history of managing low-risk EB-5 investments. More than 2,700 families from over 70 countries have selected EB-5 projects sponsored by EB5AN regional centers.
Learn More About Our EB-5 Projects
Bay Creek is now fully subscribed, however EB5AN offers two other rural projects with senior secured loans similar to Bay Creek: Grand Park and Simply Shenandoah.
For more information on these and our other available EB-5 projects, please schedule a one-on-one call with EB5AN.
