Crystal Lagoons continues to deepen its success in the United States, its most important market worldwide, with over 275 projects in different stages of development or negotiation. This time, with a new Master Agreement—an exclusivity agreement for developing Public Access Lagoons®, also known as PAL®, real estate, and hybrid projects in a specific territory, which in this case is the Orlando Metropolitan Area, Florida.
Crystalline lagoon: a differentiating feature
These developments, whose centerpiece will be a lagoon powered by Crystal Lagoons® technology, will bring idyllic beach life to the most visited destination in the U.S., with 75 million tourists a year, which offers a wide range of entertainment but lacks a coastline. In this city, the multinational innovation company already has the successful Evermore Orlando Resort project, one of Florida’s largest tourism developments, anchored by an 8-acre crystalline lagoon.
The agreement is in partnership with Grupo ECIPSA, a real estate holding company with a presence in six countries. The multinational innovation company, founded by Fernando Fischmann, has signed multiple Master Agreements and projects with Grupo ECIPSA for developments in Israel, Brazil, Paraguay, and Orlando.
“Crystal Lagoons projects in the United States have been a success across the real estate, PAL®, and hybrid development sectors, and we are confident that these complexes with Grupo ECIPSA will be as well. Orlando is one of the most interesting and attractive markets for Crystal Lagoons, given its millions of annual visitors, lack of beaches, and its focus on the world of entertainment, which aligns perfectly with our PAL® concept,” explains Iván Manzur, Vice President of Sales at Crystal Lagoons US Corp.
PAL® projects
PAL® projects, accessible to all through ticketed entry, have the unique appeal of bringing idyllic beach life steps away from homes in the middle of the city while also offering event spaces with unparalleled scenic beauty, thanks to its large turquoise crystalline lagoon surrounded by white sandy beaches, which are illuminated at night, creating a magical ambiance. The infrastructure includes terraces, amphitheaters, domes, esplanades, commercial areas, and entertainment spaces.
This Master Agreement adds to the multinational innovation company’s other agreements in the U.S. in states such as:
- North and South Carolina
- Georgia
- Texas
