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

CAMBRIDGE, MD-The oft-rescheduled opening of the $74.4 million Hyatt Regency Chesapeake Bay Golf Resort, Spa and Marina is planned to take place on Aug. 29, too late for the summer rush but just in time for the start of the Labor Day Weekend.

By Barbra Murray | Updated on May 14, 2002

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.

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