Bay made the announcement Wednesday on his official website.
The third installment in the "Transformers" franchise has already begun shooting at the Spruce Goose Howard Hughes hangar in Playa Vista, and according to Bay's producing partner, Ian Bryce, will film "as much...in L.A. as possible."
Bay, coincidentally, has prior history with the ladies of Victoria's Secret. He once-directed a commercial for VS called "A Thousand Fantasies." (There were no explosions in the ad, unfortunately. Just helicopters 'n babes.) Watch here.