Crystal Lagoons Negotiates Public Access Lagoons With Malls And Compensation Funds in Chile

Latest News

Spain: Crystal Lagoons Alovera Beach Project Set to Become Largest Man-Made Beach in Europe
Crystal Lagoons Soon to Open 7-Acre Crystalline Lagoon in Miami
Crystal Lagoons Amenity in Florida “Will Make You Feel Like A Kid On Summer Vacation”
Crystal Lagoons Two New Business Models
Two Crystal Lagoons Amenities Named Most Amazing Lagoons In The World
Forbes highlights Crystal Lagoons global success: “Creating water resorts in the desert: Here are the world’s largest from Palm Springs to Dubai”
Windsong Ranch Lagoon Hits Construction Milestone
Crystal Lagoons Executive Director Gives Bloomberg Interview About New Projects
Crystal Lagoons Recognized For Its Important Contribution To Technology Transfer
Crystal Lagoons Texas City’s Project Lago Mar Expected To Boost Economy
Crystal Lagoons Project Is Finalist In Texas Association of Industry Awards
Crystal Lagoons Amenity in Chilean Business Sector
Crystal Lagoons Solé Mia Project Breaks Leasing Records in Miami
Crystal Lagoons Is Building World’s Second Largest Lagoon in Bolivia
U.S. City Demands Construction of Crystal Lagoons Amenity
Crystal Lagoons Amenity Charms Argentina and Uruguay
Prestigious French Travel Guide Praises Crystal Lagoons Lagoon As One Of The Most Beautiful In The World
Mexican Media Spotlights Crystal Lagoons Diamante Project In Cabo San Lucas
Crystal Lagoons Project In South Africa Continues To Captivate Local Media
Developer Of Crystal Lagoons Project In U.S Highlights The Multinational’s Technology
Crystal Lagoons Solé Mia Project To Bring Beach Lifestyle To Most Exclusive Area of Miami
US And Latin America Highlight Prizes Awarded To Crystal Lagoons
Crystal Lagoons Creates Revolutionary Desalinization Process
Crystal Lagoons Project In Texas Receives Prestigious Real Estate Award in USA
US And Latin America Highlight Prizes Awarded To Crystal Lagoons
MetroStudy Ranked Crystal Lagoons Project 3rd Of 310 Most Important Residential Communities In Florida Market
Local Press Highlights Crystal Lagoons First Project In Vietnam
Crystal Lagoons Advances With Its Third Project In Paraguay
Crystal Lagoons Negotiates Public Access Lagoons With Malls And Compensation Funds in Chile
Press Highlights Crystal Lagoons Project In South Africa
Second Crystal Lagoons Amenity in Texas To Open in Coming Months
Crystal Lagoons to Confirm Two Iconic Lagoons at Avenir Project, Florida
Crystal Lagoons To Open First PAL In Asia
Construction Of Crystal Lagoons Amenity In Pittsburgh To Become First For “Four Seasons”
Crystal Lagoons Amenity in USA Increases Sales by 345% After Inauguration of Crystalline Lagoon
Crystal Lagoons To Open Amenity At Solé Mia In Miami
Crystal Lagoons Amenity Featured in Time Out Magazine As A Must See Destination
Crystal Lagoons and Fraunhofer to build pilot plant to desalinate water without using energy
Developers invest in Crystal Lagoons amenities to draw top-notch tenants
In 2019 Crystal Lagoons To Open in Thailand and Vietnam
One Of The Best Football Teams In The World Selects Crystal Lagoons Project As Its “Bunker” For This Preseason
United States: 3 Crystal Lagoons Projects Named Top 50 In National Real Estate Ranking
Crystal Lagoons, To Open Lagoons In Bolivia
Crystal Lagoons Brings Beach Life to Pretoria South Africa
Crystal Lagoons’ First Lagoon In Florida Captivates Residents
Vietnam Is New Crystal Lagoons Market
How To Spend 48 Hours On Bintan Island, Indonesia, Including A Swim At a Crystalline Lagoon
Pittsburgh Project To Include Man-made Crystal Lagoons Amenity
Crystal Lagoons Highlighted As One Of The Most Important and Innovative Companies
Crystal Lagoons Expanding with New Lagoon Amenities Throughout the U.S.
Crystal Lagoons Negotiates Public Access Lagoons With Malls And Compensation Funds in Chile

Crystal Lagoons®, the innovation multinational in water, is negotiating with the main operators of malls, compensation funds and racetracks, among others, to develop Public Access Lagoons, known as PALs, surrounded by white sand beaches. These can be accessed via a ticketed entry and include various entertainment and gastronomic services.

On an international level, the company, which is linked to the Chilean biochemist, Fernando Fischmann, began to see a sharp rise: Six months ago they accounted for 50% of the firm’s contracts, however they currently account for 60%.

“The company is fully focused on the private sector, which has provoked a greater interest among private investors. Today, all of Crystal Lagoons efforts are in this domain”, says the firm’s Director Executive, Cristián Lehuedé.

Investors, he adds, are concerned that projects of this nature exist where they cannot ensure “a correct level of maintenance, thus harming the product.”

Lehuedé maintains that traditional projects –such as those in real estate, for example– in which Crystal Lagoons has developed lagoons, continue to be dynamic worldwide. “The novelty, however, is that a large number of them are being designed with private areas, that is to say, real estate with independent areas for public access. This is also the case in Chile.”

The executive confirms that, in Chile, “we believe that several projects will be carried out during 2019”, stating that the company plans to materialize 16 PALs on national territory.

According to the firm, an average artificial lagoon requires an investment of US $ 3 million – to cover construction costs –, yet generates revenues of US $ 15 million per year, with low operating costs.

“According to the country, the value of the tickets fluctuates between US$ 10 and US$ 30 per person. Crystal Lagoons obtains a percentage of the royalties of the tickets or invests directly,” explains Alastair Sinclair, Crystal Lagoons Regional Director for Asia.

The first PAL that Crystal Lagoons developed, which is fully operational, was on the island of Bintan, near Singapore. The second, located in Turkey, precisely in the Onikisubat area, was developed in association with the local municipality. Likewise, in the United States, where the largest number of the company’s amenities are to be found, the real estate projects of Epperson (Florida) and Balmoral (Texas), established a public access zone. An entrance fee costs US$ 25 per person.

One of the next initiatives to be launched by Fischmann’s company will be in Thailand, one of the main tourist destinations on the planet. In March, Crystal Lagoons will open a 4 -acre PAL on the island of Phuket, known for its paradisiacal beaches and for being the movie set for Leonardo DiCaprio’s The Beach.

The project in Phuket, known as Blue Tree Phuket, expects to receive 1.5 million visitors in the first year, mainly from China, Russia, Australia, Germany, South Korea and France. The crystalline lagoon incorporates an amphitheater for shows, 17 restaurants and 70 stores. The project represents an investment of US $ 46 million.

The company is also planning an amenity in Hong Kong, which will be part of a public park with a 7 -acre lagoon. Also in Asia, Crystal Lagoons has arrived in Vietnam with a 15 -acre lagoon in Hanoi.

Lehuedé points out that other PALs under construction in the United States include: Jungle Island (Florida), Pittsburgh (Pennsylvania) and Land Texas (Texas). He also highlights the Alovera project in Spain, Tilal al Ghaf in Dubai and the Diamniadio Lake City in Senegal, which houses the regional offices for the UN and the Chamber of Commerce.

In Italy, a PAL is planned for the outskirts of Milan. In summary, the firm has 40 PALS in the pipeline for Latin America, 13 in Africa, 12 in the Middle East, 11 in Asia, 10 in Oceania and nine in Europe.

Crystal Lagoons is an international innovation company, founded by scientist Fernando Fischmann, which has developed a patent-protected technology that allows the construction and maintenance of unlimited-size crystalline water lagoons at very low costs.