The site was purchased by the Virginia Ferry Corporation for the northern terminus of the Virginia Beach to Eastern Shore Ferry. In 1949, when the terminus was moved from Cape Charles, the site was named Kiptopeke Beach in honor of the younger brother of a king of the Accawmack Indians who had befriended early settlers to the area. Kiptopeke means Big Water. In 1950 the terminus opened after the completion of a $2.75 million pier, promoted as the world's largest and most modern ferry pier.