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Crystal Lagoons expands in Australia with 16 PAL™ Projects

Crystal Lagoons has completed a significant expansion in Australia. The multinational innovation company has signed an important contract with investment fund Vibranium Capital Partners to develop 16 new Public Access Lagoons™ projects, also known as PAL™ developments, in Australia. Additionally, the agreement considers the possibility of entering with ten additional projects in other countries in Oceania and Southeast Asia.

Australian cities have been ranked among the best in the world because of their geographical richness and nature. Through this contract, cities like Melbourne, Sydney, Adelaide, Perth, Brisbane, and the Gold Coast will have large crystalline lagoons suitable for swimming and water sports, surrounded by white sand beaches. These complexes contribute new beach hubs, catering to the Australian lifestyle where aquatic activities and entertainment are prioritized.

While these cities are located close to the coast, the projects of Crystal Lagoons will develop second and safer shorelines. They will provide additional tourist infrastructure to the natural beaches that enable people to swim and practice water sports securely, free from the sea risks in that area.

The partner in this contract is an Australian investment fund with operations in Oceania, the Americas, and Asia, with more than 30 years of experience and an investment portfolio of US$4 billion. The firm’s interest in the PAL™ model is to expand its strategic partnerships and real estate development opportunities in key markets.

 

What to expect

Like all public access projects of Crystal Lagoons, the centerpiece is a crystalline lagoon, which can be accessed via ticketed entry. The PAL™ complexes also incorporate restaurants, multifamily areas, hotels, retail, beach clubs, etc.

“Australians love the water and outdoor life. However, as with many tourist destinations worldwide, coastal edges are highly developed, and land is expensive. PAL™ developments offer a successful and sustainable alternative to developing beach and recreational infrastructure in inland areas, giving a larger part of the population access to these recreational spaces,” said Alastair Sinclair, Regional Director of Crystal Lagoons.

“We look forward to leveraging our experience under this partnership and the potential of Crystal Lagoons® concepts and technology, particularly in Australia. We will now focus on building partnerships with strategic investors, developers, and landowners in each of the territories to bring these projects to fruition,” added a Vibranium Capital Partners spokesperson.

Dive into our PAL™ projects and enjoy a new stream of possibilities here! 

Latest News

Crystal Lagoons consolidates success of Mar Adentro project in Bolivia

Crystal Lagoons® technology has been instrumental in the growth and consolidation of the Mar Adentro project in Bolivia. This residential complex, strategically located in the Urubó area of Santa Cruz de la Sierra, has been praised for its contribution to urban development and positive impact on the local economy.

Spanning 172 acres, Mar Adentro stands out as the most promising real estate project in the highland country thanks to its main attraction: a monumental crystalline lagoon of 8,6 acres. Situated in one of Bolivia’s most prosperous and tourist-friendly areas, the project is located in a region with steady economic growth, representing 30% of the national GDP and offering ample investment opportunities across various sectors.

The unprecedented success in sales and value appreciation recorded by Mar Adentro is a testament to the positive impact and transformative potential of Crystal Lagoons® technology in the Bolivian real estate market. The crystalline lagoon, defined as an “urban marvel” that offers an idyllic beach lifestyle with sustainability, has enabled the project to surpass average sales rates in the region, accelerating its commercialization and significantly setting it apart from the competition.

Mar Adentro offers various unique experiences and activities, including water sports such as Stand Up Paddle, kayaking, windsurfing, and swimming, allowing residents to fully enjoy the crystalline lagoon year-round, enriching their quality of life.

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10 Ways Crystal Lagoons® can revolutionize your Horse Racetrack

Crystal Lagoons has been at the forefront of redefining leisure experiences and real estate development in recent years. Our state-of-the-art technology, which introduces turquoise lagoons to unexpected locations, has the potential to breathe new life into horse racetracks, transforming them into dynamic, multifaceted destinations. Here’s how Crystal Lagoons® technology can revitalize horse racetracks:

1. A Distinctive Attraction:

Crystal Lagoons® technology introduces stunning turquoise lagoons that serve as captivating focal points, drawing both racing enthusiasts and casual visitors to horse racetracks. The allure of these picturesque water features enhances the overall ambiance and elevates the racetrack experience, attracting a wider audience.

2. Prolonged Visitor Engagement:

With the incorporation of expansive turquoise lagoons, horse racetracks can extend visitor stays by offering a range of aquatic activities alongside the thrill of horse racing. Visitors are more likely to spend extended periods enjoying the vibrant atmosphere, participating in water-based recreation such as swimming, sailing, or simply lounging by the shore. This prolonged engagement translates to increased revenue streams and heightened customer satisfaction.

3. Diverse Recreational Opportunities:

Crystal Lagoons® amenities introduce many leisure activities, from water sports and floating challenges to beachside gatherings and live events. These diverse experiences transform traditional racetracks into dynamic entertainment hubs, catering to a broader demographic and enriching the overall visitor experience.

4. Stimulated Revenue Streams:

Adding Crystal Lagoons® amenities within horse racetracks can substantially boost revenue through increased attendance and diversified offerings. With more visitors drawn to the racetrack for both racing and aquatic leisure, opportunities for concessions, merchandise sales, and hospitality services are amplified, leading to enhanced financial performance.

5. Elevated Property Values:

Integration of Crystal Lagoons® into horse racetrack facilities enhances the attractiveness and value of surrounding properties. The presence of a tranquil lagoon transforms the racetrack into a sought-after destination, driving demand for nearby residential, commercial, and hospitality developments and fostering a sense of exclusivity.

6. Community Gathering Spaces:

Expansive turquoise lagoons within horse racetracks serve as ideal venues for community events, concerts, and social gatherings. These water features become focal points for both local residents and visitors, fostering community cohesion and providing opportunities for shared experiences beyond horse racing events.

7. Tourism Magnetism:

Horse racetracks with Crystal Lagoons® technology have the potential to emerge as prominent tourist attractions, drawing visitors from near and far. The combination of thrilling horse racing action and idyllic aquatic settings creates a compelling draw for tourists, injecting vitality into the local economy and supporting ancillary businesses.

8. Environmental Responsibility:

Crystal Lagoons® technology exemplifies environmental sustainability, requiring minimal water usage and energy consumption compared to traditional aquatic amenities. By integrating these lagoons into horse racetracks, operators demonstrate a commitment to responsible stewardship of natural resources while enhancing the overall visitor experience.

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9. Economic Revitalization:

The transformation of horse racetracks with a lagoon powered by Crystal Lagoons® technology can catalyze economic revitalization in surrounding areas. By attracting investment, generating employment opportunities, and stimulating tourism, racetrack developments contribute to the economic prosperity of local communities and businesses.

10. A Blueprint for Sustainable Development:

Crystal Lagoons® technology offers a blueprint for sustainable development, reconciling commercial objectives with environmental sustainability. This technology paves the way for socially responsible and economically viable racetrack destinations by repurposing underutilized racetrack spaces and integrating leisure amenities.

Incorporating Crystal Lagoons® technology into horse racetracks presents a transformative opportunity to reimagine traditional sporting venues as vibrant, multi-dimensional destinations. By embracing innovation and sustainability, racetrack operators can unlock new revenue streams, enhance visitor experiences, and contribute to the long-term vitality of their communities.

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New Crystal Lagoons project in Paraguay Achieves Sales Success

Crystal Lagoons continues to expand in Paraguay with the new Marena project, strategically located in Luque, near the capital, Asunción. This development represents a milestone as the first multinational complex featuring apartment buildings in an urban area, offering a unique investment opportunity in the Paraguayan real estate market.

Marena stands out for its monumental crystalline lagoon with Crystal Lagoons® technology, a highly valued amenity in the Paraguayan market. The project has broken sales records, with more than 45% of the units sold in its first phase, generating unprecedented buyer interest and reflecting the appeal of crystal clear lagoons in this market.

Driven by Crystal Lagoons with commercial partners Eydisa, a Paraguayan real estate company, and Castex, the project comprises eight apartment buildings with spectacular views of the crystalline lagoon surrounded by white sandy beaches and palm trees. Residents will enjoy a unique lifestyle with access to year-round water activities such as Stand Up Paddle, kayaking, windsurfing, and swimming. The residential project is just minutes from the urban center, close to malls, offices, restaurants, banks, schools, and supermarkets.

This new project is part of Crystal Lagoons expansion in Paraguay. This country already has outstanding projects such as Aqua Village en San Bernardino, Blue Lagoon en Pedro Juan Caballero, Costa del Lago en Hernandarias, and AquaTerra en Luque. 

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