Crystal Lagoons is looking to conquer new markets with a smaller and more cost-effective format. These artificial lagoons measure 3,000 m² and 4,000 m²—roughly equivalent to three Olympic-size swimming pools.
Crystal Lagoons, the firm behind some of the world’s largest artificial lagoons linked to real estate developments, is now targeting a new segment to expand the reach of its technology. To do so, it has broadened its business model with a more compact, lower-investment proposal. These are the so-called Small Lagoons by Crystal Lagoons™, which feature standardized models of 3,000 m² and 4,000 m²—equivalent to 2.5 and 3.2 Olympic-size pools, respectively.
Until now, the company has offered primarily lagoons ranging from 1.5 to 60 hectares (ha), with an average size of 3 ha.
According to the company founded by Fernando Fischmann, these smaller-scale, lower-investment crystalline lagoons position themselves as an alternative to traditional commercial pools. Construction costs are reportedly up to four times lower than those of a pool of the same size. The target audience includes residential communities, resorts, mixed-use developments, smaller-scale multifamily projects, and private homes.
“In a global market that adds around 45,000 new commercial pools each year, Crystal Lagoons aims to capture this enormous opportunity with a solution that offers greater benefits.''
Jean Pierre Juanchich
Global Business Director, Crystal Lagoons US Corp.
Alongside the development of the Small Lagoons by Crystal Lagoons™ projects, the company introduced construction innovations that reduced costs. “This has allowed us to expand into new markets, such as commercial pools and, in the future, residential pools,” they say.
As for pricing, they clarify that it depends on several factors including location, land, design, and size. As a reference, they mention that the construction cost of a traditional 1,000 m² pool in Chile is around US$550,000, and that the same amount can be used to build a compact lagoon twice that size.
On the Market
Crystal Lagoons highlights that although the concept was launched less than a month ago, they already have 47 projects underway in countries such as the U.S., Brazil, the Dominican Republic, Mexico, Costa Rica, Greece, Spain, Malaysia, Egypt, and Qatar.
To date, this product line represents 70% of all new business the company is developing globally.
El Mercurio