Orlando is the world’s destination for amusement parks. The city of entertainment and magic, and one of the most visited destinations in the USA, with over 75 million tourists a year. While Orlando has multiple water parks, it has no coast or idyllic beach life.
A new mega agreement will open the doors for Crystal Lagoons® to bring a Caribbean style to Orlando, with turquoise waters, white sands and aquatic sports through at least five PAL™ projects, accessible through a ticket.
In order to do this, the multinational innovation company subscribed a Master Agreement with renowned hospitality asset manager ADELÖN Capital, currently operating on the USA and México.
The first project is announced for 2023 and all PAL complexes that will arrive to Orlando will not only offer a beach lifestyle and entertainment, but also hotels, multifamily developments, stores, restaurants, wedding areas, conferences, concerts and many more.
These PAL™ developments will arrive in Orlando, Orange, Seminole, Osceola and Sumter County. Regardless, ADELÖN Capital plans include expanding into other strategic locations in the USA.
“This association represents a new landmark for Crystal Lagoons® in a region where other real estate projects with crystalline waters can be found. Likewise, it cements the success Crystal Lagoons® has had, which has been lauded by the press at the “helm” or the amenity craze,” says Iván Manzur, Crystal Lagoons® US Corp Senior VP of Sales.
Jonathan Cohen, ADELÖN Capital founder and Co-president, remarks, “We are very happy with our strategic alliance with Crystal Lagoons, one of the world’s most innovative companies. With their technology, we will bring to Orlando the only thing it is lacking: a beach lifestyle.”
Florida, Texas, California, Arizona, Alabama, North & South Carolina, Georgia, Washington DC, among others are some of the states with the largest expansion for Crystal Lagoons, where the multinational currently has 221 real estate and PAL projects in different stages of development by praised investor groups and developers with projects such as Epperson, Sole Mia, Balmoral, Lago Mar, Windsong Ranch, Section 31, Southshore Bay, Mirada, Avenir and Sierra Vista.
“These agreements confirm that PAL projects are the future of our business. Investors are interested because of their cost effectiveness, safety, low risk and stability facing health and economic concerns brought by Covid. We have multiple PAL projects with investor funds and retail chains worldwide. It is a new revolution for Crystal Lagoons,” added Manzur.
PAL projects quickly become the most beautiful destinations in the city they are in. Its success can be seen in Epperson and Lago Mar (Florida and Texas), that register sold-out tickets in advance.