Peruvian Finance Newspaper Features Crystal Lagoons® Expansion in Peru

Up to 20 crystalline water lagoons could be built in Peru as of 2021. According to an article by Gestion.pe, the country’s leading financial newspaper, the Miami-based multinational Crystal Lagoons® will be expanding in the Latin American country with several projects in the pipeline.

Crystal Lagoons plans between 15 and 20 manmade lagoons to be built in different cities of Peru over the course of the next 10 years, is currently in negotiations with two real estate developers, explained Cristián Lehuedé, executive director at the multinational, during a recent interview with Gestion.pe.

Public Access Lagoons can be accessed via ticketed entry that, on average, could cost between US $10 and US $15, according to estimates made based on the experience of this business model applied in other Latin American cities.

Crystal Lagoons provides the technology for the development of large manmade crystalline lagoons with white sand beaches, which are built in association with companies typically connected to the real estate or leisure industries.

Unlike pools or other artificial lagoons, the technology used to power Crystal Lagoons amenities allows much larger bodies of water to be built and maintained in crystalline condition without incurring in excessive costs, Lehuedé added.

Peru already has two such lagoons powered with this unique technology, although they do not offer public access. They are found in the multifamily developments known as La Jolla de Asia (Lima) and Hacienda La Joya (Arequipa) and can only be enjoyed by residents and homeowners. This was the company’s original business model: providing the technology for the construction of lagoons in real estate projects, which in turn ensures the developments added value.

However, the firm is now aiming to bring Peru its new business model, known as Public Access Lagoons, which can be accessed by the general public via ticketed entry. Likewise, they are surrounded by several services and amenities: facilities, beach area, retail premises, etc. “Our goal is to generate a very interesting and attractive hub for the cities in which these lagoons are located,” detailed Lehuedé.

Company estimates indicate that Peru has the capacity to build 15 or 20 Public Access Lagoons, considering its climate, population, and the touristic areas it already has to offer. The lagoons would average between 5 and 7,5 acres.

At least four of the amenities would be developed in Lima, another four in Arequipa, while the remaining lagoons would be divided up between Tacna, Piura, Trujillo and Ica.

We provide the technology. The development of these lagoons requires an alliance with a company that can build, operate, and take care of their maintenance, while managing the leasing of the businesses that are located around the lagoon as well as security, etc. We are looking for an exclusive partner to oversee investment in these projects in Peru,” added Lehuedé.

The company is currently in “relatively advanced conversations” with two real estate developers, however, these negotiations have been delayed due to the difficulties associated with the quarantine the country is undergoing to mitigate contagion due to coronavirus. The construction of each lagoon would require an investment ranging between US $10 million and US $15 million.

“We hope that when this happens, our estimates indicate that could be next year, we will be signing a contract with one of them and after that it would take us a further two years to have the first Public Access Lagoon built (…). I think that once this stage of social distancing has passed, people will be very eager to go out and socialize on weekends in a beautiful setting that is close to their town. And that is what we aim to provide,” he said.

Lehuedé also noted that the company has signed a further eight projects with real estate developers for the construction of private lagoons, which are currently in the planning stage. “These are projects that normally take a long time and could certainly take a little longer due to current quarantine restrictions,” he added.

Gestion.pe

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  • Innovative technology transforms waste heat into a competitive advantage, allowing people to enjoy crystalline lagoons with pleasant water temperatures year-round, while offering greater energy efficiency and a sustainable approach for real estate developers.

At the intersection of the digital revolution and urban sustainability, a critical question emerges for developers: How can industrial waste be transformed into a luxury asset? The answer comes from Crystal Lagoons and its innovative Eco-Heated Lagoons by Crystal Lagoons™ technology.

This solution not only makes it possible to maintain idyllic water temperatures year-round, but does so by redefining the concept of the circular economy. By capturing the waste heat generated by industrial processes—specifically from data centers and crypto mining Crystal Lagoons creates a perfect symbiosis between technological infrastructure and human well-being.

What Are Eco-Heated Lagoons by Crystal Lagoons™?

Eco-Heated Lagoons by Crystal Lagoons™ technology harnesses waste heat from data centers and crypto mining and redirects it to a lagoon that acts as a highly efficient heat sink. In this way, a resource that would normally be lost to the atmosphere becomes a competitive advantage for the development that integrates it. This system makes it possible to create a tropical beach area with water temperatures between 80°– 86°F, and even a thermal area at 98.6°F, all powered by waste heat and without using energy to heat the lagoon.

This proposal not only addresses an operational need. It also redefines the value of a lagoon: it is no longer just a visual or recreational amenity, but rather an infrastructure capable of extending water use year-round and enhancing a project’s appeal in markets where seasonality often limits profitability.

Why This Innovation Matters More Than Ever Today

The rapid growth of digital infrastructure is intensifying the energy pressure on data centers. Projections vary depending on the methodology, but they all point in the same direction: in the United States, data centers currently account for around 3% of electricity generation and could reach 8% by 2030. At the same time, the International Energy Agency highlights that reusing waste heat from data centers can help heat nearby buildings, provided there is sufficient proximity and proper technical integration.

That context makes solutions that reduce cooling loads and give discarded heat a new purpose especially valuable. Crystal Lagoons proposes precisely that paradigm shift: transforming an energy challenge into infrastructure that is useful, visible, and profitable for its surroundings.

Synergy with Data Centers: The Future of Sustainable Cooling

Data centers are the engines of the modern economy, but they face a monumental challenge: cooling. Traditional systems (chillers and cooling towers) consume massive amounts of electricity and potable water. This is where Eco-Heated Lagoons by Crystal Lagoons™ transforms the equation:

  • Reduction in Operating Costs (OPEX): By using the lagoon as a natural cooling system, data centers can drastically reduce their reliance on mechanical chillers, lowering energy consumption.
  • Significant Water Savings: Unlike cooling towers that constantly evaporate water, the lagoon recirculates heat in a closed and efficient way.
  • Improved PUE (Power Usage Effectiveness): This integration allows data center operators to achieve higher energy efficiency metrics, which are essential for meeting global ESG standards.

Strategic Advantages for Real Estate and Hospitality

For a real estate developer, the ability to offer a sustainably heated lagoon is the ultimate differentiating factor.

  1. Uninterrupted Use (365 days a year): Eco-Heated Lagoons by Crystal Lagoons™ ensures that the project’s main amenity is not seasonal. The “beach lifestyle” remains active even in the middle of winter, maximizing user satisfaction and return on investment.
  2. Certified Sustainability: By not using fossil fuels to heat the water, the project positions itself at the forefront of sustainable urbanism, facilitating green certifications and attracting climate-conscious institutional investors.
  3. Asset Appreciation: A project that integrates cutting-edge technology and a circular economy model has a much more powerful commercial narrative, increasing the value of the surrounding properties.

A Unique Circular Economy Model in the World

The concept behind Eco-Heated Lagoons by Crystal Lagoons™ is simple yet revolutionary: nothing is wasted, everything is transformed.

  • Input: Waste heat from industrial processes or data centers.
  • Process: Patented heat exchange technology by Crystal Lagoons.
  • Output: A world-class amenity with crystalline water at the perfect temperature, with no additional CO2 emissions.

From Waste Heat to a High-Impact Amenity

What is most compelling about this technology is that it connects two needs that have historically been separate. On one hand, data centers must dissipate heat efficiently. On the other, developers are looking for memorable amenities that enhance a project’s positioning. Eco-Heated Lagoons by Crystal Lagoons™ technology solves both challenges through a single infrastructure solution.

The technology can even be integrated into compact formats such as Small Lagoons by Crystal Lagoons™ models, with standardized models ranging from 5,400 sq ft to 1 acre, making it possible to offer a thermal beach experience year-round with support from data centers or crypto mining. This opens up a concrete opportunity for urban projects, hospitality developments, and projects that previously could not aspire to an amenity of this level.

A Solution Aligned with the New Energy Economy

The conversation around data centers is no longer limited to power, latency, or availability. Today, it also includes efficiency, social license, urban impact, and the smart use of resources. In this context, the Eco-Heated Lagoons by Crystal Lagoons™ technology offers a forward-looking solution: reusing waste heat to create tropical and thermal beach destinations that can operate year-round, with a more sustainable logic and a far more powerful commercial proposition.

For developers, it means incorporating an extraordinary amenity that enhances both the experience and the value of the project. For data centers, it means transforming a thermal load into an opportunity for efficiency and reputation. And for both, it represents a new way of understanding infrastructure: not as an isolated cost, but as a platform for creating value.

Innovation Can Turn an Energy Challenge into an Advantage

Eco-Heated Lagoons by Crystal Lagoons™ technology demonstrates how innovation can turn an energy challenge into a tangible competitive advantage. By harnessing waste heat from data centers to maintain crystalline lagoons at pleasant temperatures year-round, this technology creates a new category of sustainable amenities with a real impact on differentiation, monetization, and operational efficiency.

In a market where infrastructure must become increasingly smarter, cost-effective, and more responsible, Crystal Lagoons proposes a simple yet powerful idea: turning heat that was once wasted into an experience people want to enjoy all year long.

Original content

  • Turquoise waters, sandy shores, and activities: this new technology transforms multifamily developments into a place where people want to live and stay.

In 2026, the multifamily market is competing on a very specific battleground: the resident’s everyday experience. It’s no longer enough to simply “have a pool.” Today, the winning project is the one that becomes a place people want to live, stay, and recommend.

In that context, the patented Small Lagoons by Crystal Lagoons™ concept emerges as a true game-changing solution: a new amenity category for multifamily communities, capable of delivering resort-style beach living (turquoise waters + white sand) in compact spaces and at costs significantly lower than those of a traditional pool.

What is Small Lagoons by Crystal Lagoons™ and why is it different?

The Small Lagoons by Crystal Lagoons™ concept was designed to bring an idyllic beach experience to multifamily communities, in areas starting at 5,400 sq ft, with standardized models that make implementation easier.

Unlike a swimming pool (which is often seen as “an add-on”), a small lagoon can become the social heart of the project: a true gathering point, highly visible and photogenic, that boosts the development’s appeal from day one.

The problem with “more of the same”: when the pool stops being a differentiator

In many cities, a pool is already a commodity. If every building offers the same thing, the amenity stops influencing the decision.

Small Lagoons by Crystal Lagoons™ models offers something different: They don’t compete only on size; they compete on experience. And that experience translates into the metrics that matter in multifamily:

  • More interest (and higher conversion) in leasing
  • Greater willingness to pay for premium units (views / access)
  • Improved resident retention and satisfaction
  • Higher long-term asset value

Key benefits for multifamily developers

1) An amenity that truly differentiates (and shows up in demand)

Turquoise waters and white sand create an immediate “wow” effect. This helps the project be perceived as resort-style living, even in landlocked cities or on space-constrained sites.

2) Better leasing performance: more appeal, more demand, higher rents, greater value

In a competitive market, a highly differentiated amenity can drive:

  • Stronger leasing performance (more inquiries and higher-quality tours)
  • Higher rents for unit types with “lagoon views” or proximity
  • Greater long-term asset value thanks to the project’s positioning

3) Real social life within the community (and longer resident stay)

One of the typical pain points in multifamily is low interaction and limited amenity usage. Small Lagoons by Crystal Lagoons™ models are designed to be a place where things actually happen:

  • Everyday beach-style relaxation
  • A waterfront pedestrian promenade
  • In-water fitness and recreation
  • Resident events and programming

When the amenity is truly used, perceived value goes up, and that shows up in reviews, recommendations, and retention.

Different sizes for different sites

For multifamily projects, Crystal Lagoons offers standardized sizes:

  • 5,400 sq ft
  • 0.25 acres
  • 0.5 acres
  • 0.75 acres
  • 1 acre

This opens up possibilities for both:

  • New developments
  • Repurposing underutilized common areas
  • Upgrading existing projects that need a “step up” in positioning

Much more impactful than a pool, at a fraction of the cost

If an amenity isn’t profitable to build and operate, it doesn’t work. That’s why one of the strongest differentiators of Small Lagoons by Crystal Lagoons™ models is their efficiency:

  • Up to 4 times lower construction cost than a swimming pool of the same size
  • Maintenance costs of up to one-third compared with traditional swimming pools
  • Hydraulic equipment replacement is virtually negligible compared with pools (where that replacement represents a significant share of the total cost)

This makes it possible to think of the amenity not as a “nice-to-have” expense, but as an investment with clear financial rationale.

Technology designed to simplify (and speed up) implementation

In multifamily, time matters. That’s why the patented Small Lagoons by Crystal Lagoons™ innovation is built on standardized models designed to:

  • Reduce design timelines
  • Streamline the permitting process
  • Accelerate implementation

In addition, it incorporates patented ultrasonic flocculation technology that eliminates the need to filter the entire body of water, significantly reducing the energy use and equipment required.

Innovations that enhance the experience (without complicating the project)

Lagoon Lounge: the edge that changes how the lagoon is used

One of the keys to getting an amenity used more is comfort. Lagoon Lounge creates a shallow ledge that invites people to sit, sunbathe, or relax, turning the shoreline into a social space.

Its construction design optimizes the perimeter and helps reduce construction costs.

Eco-Heated Lagoons: a “heated” beach experience year-round

For seasonal markets, there’s the option of Eco-Heated Lagoons by Crystal Lagoons™, which makes it possible to offer a thermal beach experience all year-round, using heat sources such as data centers or crypto-mining operations.

An Irreplicable Asset

In 2026, differentiation isn’t a luxury—it’s a necessity. Small Lagoons by Crystal Lagoons™ technology enables multifamily developers to offer an amenity you can be seen, experienced, and measured: more attractive for leasing, higher perceived value, and more efficient to operate than traditional systems.

When a project needs a real step up in positioning (without requiring a massive site), the answer can be surprisingly simple: bringing beach life home.

Original content

  • Spanning 8.64 acres, featuring seven white-sand beaches, and a highly efficient design, the project demonstrates how an iconic amenity can transform a real estate development into a true destination.

Real estate innovation in Central America has reached a new milestone. Crystal Lagoons has completed the construction of a new crystalline lagoon, this time in Costa Rica, specifically at Ciudad NYA, a mixed-use urban development in Liberia, Guanacaste. The project marks the completion of the construction phase of the development’s most iconic amenity and paves the way for a new stage of residential, commercial, and experiential activation throughout 2026.

Spanning 8.64 acres, featuring seven white-sand beaches, a central island with docks, and a mile-long perimeter path, the lagoon is integrated as the heart of the project and as a new benchmark for lifestyle real estate in the region. In a market where developers need to stand out with memorable proposals, Ciudad NYA demonstrates how a high-impact amenity can redefine a real estate asset’s value proposition.

Ciudad NYA: A Mixed-Use Project with a Long-Term Vision

The lagoon is part of Ciudad NYA, a project located in Liberia that includes more than 2,224 acres of development and natural conservation. Its concept integrates residential, commercial, services, tourism, and recreational spaces under a vision of environmental sustainability and modern urban planning.

This context is key to understanding the value of Crystal Lagoons® technology. In a mixed-use development, a crystalline lagoon is more than just an amenity; it serves as infrastructure for attraction, identity, and activation. The completion of this construction phase also coincides with preparations for the delivery of the first residential units in Tower A, as well as the future opening of commercial, recreational, and entertainment spaces throughout 2026.

A Driver of Value Appreciation and Differentiation for Developers

The completion of this lagoon at Ciudad NYA sends a clear message to the real estate industry in Central America: a project’s value is no longer measured solely by its location, but by the experience it can create.

  • Sales Acceleration: The presence of a crystalline lagoon acts as a magnet for buyers and international investors, significantly reducing the sales cycle for residential units.
  • Urban Landscape Transformation: In Liberia, an area traditionally known for its warm climate and distance from the immediate coastline, Ciudad NYA creates a “beachfront,” exponentially increasing the value per square foot.
  • Business Model Resilience: As the first project of its kind in Costa Rica, Ciudad NYA gains a first-mover competitive advantage, establishing a strong barrier to entry for competitors that do not offer this level of innovation.

Sustainability: The Decisive Factor for the Costa Rican Market

For a market like Costa Rica, where environmental protection is a cornerstone of national identity, Crystal Lagoons® technology stands out as the only solution capable of delivering responsible luxury.

Unlike conventional swimming pools or traditional artificial lakes, the multinational innovation company’s patented technology stands out for its extreme efficiency:

  1. Minimal Water Consumption: It is filled only once and operates as a closed-circuit system that only requires compensation for natural evaporation, using up to 33 times less water than an 18-hole golf course and 40% less water than a park of the same size.
  2. Energy Efficiency: It uses only 2% of the energy required by traditional pool filtration systems.
  3. Low Chemical Use: Its pulse-based disinfection system allows it to use up to 100 times fewer chemicals than a conventional swimming pool.

What’s Next for Ciudad NYA

With construction now complete, Ciudad NYA is entering a new activation phase. During 2026, the project is expected to deliver the first residential units in Tower A, along with the opening of retail spaces, recreational areas, and a program of sports, cultural, and entertainment activities.

This new phase positions the lagoon as a centerpiece of the project experience and as a driver for attracting residents, visitors, and commercial interest in one of the country’s most promising areas.

An Amenity That Transforms

The completion of Costa Rica’s first crystalline lagoon at Ciudad NYA confirms how an iconic amenity can transform a real estate development into a destination. For developers, the project demonstrates that it is possible to combine differentiation, experience, sustainability, and a long-term vision into a single value proposition.

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