Crystal Lagoons Will Develop PAL™ Projects in Europe

31/01/2022

The destinations of the new Public Access Lagoons™ projects, also known as PAL™ developments, by Crystal Lagoons will be Mediterranean European cities, not very extensive in surface and with very severe climates.

These are Prague, Warsaw, Bucharest and Budapest, the capitals of the Czech Republic, Poland, Romania and Hungary, respectively. These historic cities of high urban, cultural and tourist value worldwide will add an attribute that would have been unthinkable before now: beach life that revolutionizes the experience and quality of life of their inhabitants thanks to the PAL™ projects.

This new contract, in partnership with Romanian developer Forty Management, shows that PAL™ developments are valued by all types of urban lifestyles, even in cities of diverse geographical dimensions and adverse climatic conditions. With the new Hot Reef™ technology it is also possible to create heated bathing areas.

Anyone can access the lagoon and white sandy beaches of the PAL™ complexes upon purchase of a ticket and thus experience a tropical paradise just meters from your doorstep. Around the lagoon, there are private residential areas, hotels, stores, restaurants and other infrastructure that transforms these locations into the most beautiful places in the city.

These large bodies of crystalline water can revitalize urban areas in countries with a more reserved, urban culture but where environmental protection is highly valued. Indeed, the environmentally friendly nature of Crystal Lagoons’ technology was key to sealing these contracts that aim for high standards in carbon neutrality. PAL™ projects are valued for their promise of reducing the global carbon footprint by over 40% (14 million tons of CO2 per year) through the reduction of travel to coastal destinations by about 50%.

These Eastern European projects will be ultra-luxury and offer high-end entertainment. The first projects will be developed in Romania, north of Bucharest, and are due to start construction in the second quarter of 2022. Surrounding the lagoon will be a 5-star hotel with 300 rooms, 300 luxury apartments for rent, office and commercial space, and other services such as restaurants, cinemas, educational centers, retailers, trade fair venues, outdoor terraces and other attractions.

“The man-made lagoon is the centerpiece of the project, not only because it will bring idyllic beach life to the city, but also because it is sustainable and meets our goal of achieving carbon neutrality. We believe in quality of life. It is easy build something out of bricks and stones, but it is difficult to breathe life into a project, to give it a soul that helps create unique moments and joyful experiences,” said Lucian Azoitei, founder and CEO of Forty Management, an award-winning Romanian property developer renowned for its green real estate and urban reconversion projects.

“Around the world and particularly in Europe, PAL™ projects are becoming increasingly attractive because of their disruptive innovation that brings a piece of the ocean to their cities. This phenomenon is similar to what happened in England 200 years ago, when London brought a piece of the forest to the city by introducing the first urban parks,” said Francisco Matte, Crystal Lagoons’ regional director for Europe.

In the same way, Crystal Lagoons is expanding steadily throughout Europe and is in advanced negotiations in Italy (Milan, Verona, Rome and Naples), Ukraine, Portugal, Greece and Georgia. The company has active operations in Turkey and Spain. The latter market has the most advanced projects in Costa del Sol, Murcia, while there is an upcoming PAL™ development on the outskirts of Madrid as well as upcoming contracts under negotiation.

The PAL™ model has attracted the interest of important players worldwide, with contracts of note in the United States (16 PAL™ developments in partnership with Epic and Mattel and 5 with ADËLON in Orlando), South Korea (30 PAL™ projects in partnership with NexPlan), Pakistan (15 PAL™ developments in partnership with Ary Group) and Central America (18 PAL™ developments with successful entrepreneurs in the region).

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Noticias Destacadas

PAL™ projects of Crystal Lagoons expand into Israel

28-04-2023

Technology and improving the quality of life through innovation are the concepts that Crystal Lagoons and Israel share. In this country, one of the most innovative in the world, the multinational company founded by scientist Fernando Fischmann has entered with a new agreement to develop Public Access Lagoons™, also known as PAL™ projects, real estate, and mixed-use complexes.

The WOOOW! Entertainment projects, developed with the international real estate holding ECIPSA Group, will be located in different cities throughout the country. The developments will give Israeli city-dwellers access to an idyllic beach life all year round, irrespective of their particular climate, and will include a large crystalline lagoon suitable for swimming and water sports, with white sandy beaches. Also, they could include hotels, residential areas, gastronomic poles, retail, and beach clubs, among others.

Israel and Crystal Lagoons also share a commitment to sustainability and water protection, and the technology of the multinational has won several international awards for its sustainability. A vital feature of these lagoons is that they can use any type of water, including seawater and brackish water from arid areas, with no alternative use. This combination of factors paved the way for the debut of Crystal Lagoons in Israel, a country that has pioneered water protection.

The centerpiece of the PAL™ real estate and mixed-use projects will be a lagoon powered by Crystal Lagoons® technology, and, in the case of those with public access, any person will be able to access through the entrance fee.

“The fact that one of the world’s leading countries in innovation and water sustainability is welcoming Crystal Lagoons is a tremendous endorsement of our technology,” said Francisco Matte, regional director for Crystal Lagoons.

The company’s sustainable technology has been crucial to its success in developed countries. The lagoons only need filling once, operate with a closed-circuit system, can use any type of water (sea, brackish and fresh), and use 40% less water than a green area. Additionally, they use up to 100 times fewer chemicals than a swimming pool and only 2% of the energy of a conventional filtration system, certified by Bureau Veritas.

PAL™ developments have caught the attention of significant market players worldwide, with high-profile contracts signed in: the United States, Japan, Saudi Arabia, India, Korea, Palestine, Pakistan, Europe, and Colombia, among others.

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Crystalline Lagoon opens in the Costa del Lago project

21-04-2023

Crystal Lagoons is making steady progress in Paraguay, a strategic market in Latin America where it has consolidated its success with projects in regions with great development potential and where the crystalline lagoons are the preferred amenity. Recently inaugurated crystalline lagoon in the Costa del Lago project, bringing beach life to Hernandarias, located a few minutes from Ciudad del Este.

Costa del Lago is Crystal Lagoons‘ fourth project in association with Raíces Real Estate, in addition to the Aqua Village (San Bernardino) and Blue Lagoon (Pedro Juan Caballero) developments, and a fourth complex, Aqua Terra (Luque), which will open its doors in the coming months.

Costa del Lago stands out for its sheer size, which expands over 740 acres, and its huge 8,6 -acre turquoise crystalline lagoon developed with Crystal Lagoons® sustainable technology. “The amenity invites you to connect with nature and create moments of relaxation,” the Paraguayan press notes.

The various neighborhoods offer single-family lots, houses, apartments, and enjoyment of its inhabitants, along with a clubhouse with all the amenities to celebrate special occasions and an environment of indescribable natural beauty. The complex also has sports areas and a marina with access to Lake Itaipu exclusively for water activities with motor equipment.

Crystal Lagoons® technology is changing the lives of millions of Paraguayans by bringing a piece of the ocean to the cities and creating urban beach life, just as 200 years ago, an architect in England brought a piece of the forest to the city of London and urban parks were created.

Última Hora

Crystal Lagoons Expands Middle East Success

14-04-2023

Crystal Lagoons enters the largest country in the Middle East, Saudi Arabia, with a new mega deal to develop real estate, hospitality, and Public Access Lagoons™, also called PAL™, projects. The development plan consists of several luxury complexes located in coastal and inland cities such as Riyadh and Jeddah, Dammam, Medina, and Khobar.

The multinational innovation company, founded by scientist Fernando Fischmann, has partnered with A’amal Group, a major holding company interested in investment, hospitality, real estate & energy development across the Middle East, Asia, and Africa. The company’s Founder & CEO, Yassin Al Suroor, is also the Founder & CEO of DANA Investment, which specializes in the digital economy. He is a board member of several regional and international companies and global nonprofit organizations.

With the new partnership with A’amal Group, Crystal Lagoons, has consolidated its presence in the Middle East, where it already has ongoing projects in the UAE, Egypt, Israel, Palestine, and Oman. The world’s two largest crystalline lagoons are located in the Middle East: District One in Dubai (30 hectares) and Citystars Sharm El Sheikh in Egypt (12.8 hectares).

“I am very pleased to announce this strategic alliance between A’amal Group and Crystal Lagoons and the potential that it holds for Saudi Arabia. We believe this partnership follows our vision for the future and are confident that working in synergy will lead to developing unique destinations throughout the country.” Said Yassin Al Suroor, President & CEO of A’amal Group

At the center of these PAL™ developments are large crystalline lagoons suitable for swimming and water sports, surrounded by white sandy beaches open to the public for a fee. The complexes also have commercial areas, restaurants, weddings, hotels, concert venues, terraces, amphitheaters, etc.

“Closing a strategic partnership like this for 10 PAL™ projects in Saudi Arabia is a milestone that validates our uniqueness and adds value as a brand. It also shows that the Crystal Lagoons® concept and technology can bring idyllic beaches anywhere in the world, even to the middle of the desert, and create unique tourism opportunities,” said Alastair Sinclair, Regional Director of Crystal Lagoons.

Crystal Lagoons experienced record global expansion in 2022 with its PAL™ projects. The company entered over 15 new markets and closed mega business deals in countries including Japan, Australia, India, Israel, and Palestine.

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