$74.4M Chesapeake Bay Resort Scheduled to Open--Finally

CAMBRIDGE, MD-After a series of delayed openings, the $74.4 million Hyatt Regency Chesapeake Bay Golf Resort, Spa and Marina will finally debut on August 29. A development project of Chesapeake Resorts LLC–a partnership between the area’s Clark Enterprises Inc. and Quadrangle Development Corp., and Chicago-based Hyatt Hotels and Resorts–the resort hotel’s unveiling had been scheduled and rescheduled from December 1 to March 1 to June 1. However, the recent settlement of contract disputes and other obstacles lead observers to believe that the planned summer opening date is firm.

“While this has been a somewhat prolonged process, all involved parties have banded together to ensure a strong, successful opening and we look forward to welcoming our guests,” Hyatt’s president Scott Miller says of the recent announcement. “We greatly appreciate everyone’s involvement and perseverance in making this long-awaited vision into a reality.” Indeed, there are many parties involved in this project, which will carry the distinction of being the first full-service luxury resort on the state’s popular Eastern Shore. The state of Maryland just authorized a $6 million loan to the partnership for the acquisition of furnishings, the final necessity for the opening.