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Crystal Lagoons® Negotiating 20 Projects in South Africa

01/22/2021

Since the opening of the first project in South Africa, The Blyde, Crystal Lagoons® has accumulated a number of accolades. The multinational innovation company explosive expansion has now amassed 24 projects in different stages of development and negotiation.

As a consequence of this explosive success, the firm is in advanced negotiations with investment funds and prominent developer firms across the nation to move forward with a further 20 Public Access Lagoons™ projects.

In South Africa, these developments also known as PAL™ projects, are expected to be developed in cities such as Polokwane, Mbombela, Pretoria, Johannesburg, Bloemfontein, Durban, East London, Port Elizabeth and Cape Town, among others, via a master agreement, an exclusive license agreement that determines a specific territorial area and a specific volume of projects.

PAL expansion

The firm has different models available, each with different levels of infrastructure, but all anchored by tropical lagoons with Crystal Lagoons patented technology. The most advanced model, additionally include areas for different launches, roadshows and weddings, amphitheaters for concerts and shows on multiple stages surrounded by beaches, terraces, domes, as well as a wide array of gastronomic options.

“The development of 20 PAL projects in South Africa would generate a considerable number of direct jobs, and would continue to do so once operational,” explains Alastair Sinclair, Regional Director at Crystal Lagoons.

Residential projects

With regard to the real estate industry, the success of these crystalline lagoon projects in South Africa has triggered the interest of many local developers seeking to partner with Crystal Lagoons.

“Additionally, these projects ensure a very low environmental impact, and create destinations of great tourist attraction in landlocked areas of the country, as was the case with The Blyde, in Pretoria, located 500 km away. from the nearest coast”, Sinclair adds.

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