Blue Water Acquires Pier Point and Captain Bob’s
Published on June 27, 2026Outdoor hospitality specialist Blue Water recently purchased Pier Point Marina in Dewey Beach, Delaware, and Captain Bob’s Marina in Chincoteague, Virginia. Blue Water plans marina upgrades and property enhancements at both sites while still upholding the traditions these properties have developed for more than 60 years.
Pier Point Marina, located near Blue Water property The Bay Resort Waterfront Hotel, is a full-service marina that was built in the early 1950s and has been a family-owned business operated by the Pier Point Family Partnership since 1966. The property includes 135 boat slips, a boat ramp and boat hoist, six jet ski docks and much more. Blue Water co-founders Jack and Todd Burbage have worked closely with the town of Dewey Beach on discussions for redevelopment.
Captain Bob’s Marina is located on Main Street in Chincoteague not far from Blue Water’s Chincoteague Island KOA, Fairfield Inn & Suites Chincoteague Island Waterfront, Maui Jack’s Waterpark, and the new development project, Sun Outdoors Chincoteague Bay. The marina, which opened in 1960, provides bait, tackle, ice, snacks, fuel and apparel and serves as a base for fishing, crabbing, and clamming charters, crabbing docks and nature and pony cruises.
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