Crystal Lagoons U.S. Corp.® Sees Strong Sales Performance and Potential

With a number of successes in master-planned community amenity developments under its belt, Miami-based technology company Crystal Lagoons® is pursuing a new business model for amenity development, which consists of master licensing agreements for Public Access Lagoons™. The following is a publication released by Builder Online, a U.S. magazine that recently covered the firm’s success in the U.S. market.

The company’s exclusive partners are set to use Crystal Lagoons technology package to create public amenities across the U.S. anchored by beaches, retail, and other attractions. Between December 2019 and May 2020, the company had signed master licensing agreements for 16 new lagoons in the U.S., as well as many more overseas.

While the COVID-19 pandemic has placed restrictions on the company’s activity and prompted the closure of some amenities at the beginning of the pandemic—including the one at the Epperson community in Wesley Chapel, Fla.—Crystal Lagoons anticipates that its amenities will play important roles in a future economic recovery, particularly as sites for “mini-vacations” in a time when air travel is limited.

“Given that these are long-term projects that will not be completed in less than one-and-a-half years, the business’ dynamism hasn’t been affected by the pandemic,” says Iván Manzur, who is expected to assume the position of vice president of sales at Crystal Lagoons U.S. Corp. “On the contrary, we’ve seen investors moving forward, and these projects have been perceived as having a potential of reactivating the economy.”

BUILDER magazine spoke with Manzur about the company’s future plans and sales performance, as well as its management of the COVID-19 pandemic, opportunities as travel and recreation habits shift, and expectations for business under the “new normal.”

BUILDER: How has your public access lagoon business expanded in the U.S. over the past year? Can you tell me about the status of some of your projects?

Manzur: The United States is one of the main markets for Public Access Lagoons™, also known as PAL™. Although these projects started as real estate, they quickly converted to the PAL business model, as in the case of Epperson, which opened up a section of the lagoon allowing public access. People started going to the beach, and the outcome has been so remarkable that the development has often had to close the doors to control the flow of visitors.

Later, PAL projects emerged, with public access only, which were in association with amusement parks, for example. Since, the growth has spiked producing the first master licenses with renowned multinational companies, such as the signing with Epic to develop 16 projects across the U.S. Our business plan shows a potential projection of 1,000 developments of this type in the U.S. alone.

BUILDER: How do you believe economic reactivation measures will affect Crystal Lagoons?

Manzur: Every reactivation measure promoted by the U.S. is important. In the case of Crystal Lagoons, we can divide ours into two aspects. Regarding real estate projects that are currently in development, the measures will allow, in the short term, to increase the purchase of properties while also allowing people to partially restore the normality they are accustomed to.

In the case of PAL projects to be developed in the medium or long term, these reactivation measures will likely not have a major impact.

BUILDER: According to Crystal Lagoons, the company expects that families will look to have “mini holidays” in lieu of air travel this summer. Can you elaborate on this idea?

Manzur: The pandemic, even if it’s controlled in the future (vaccines, etc.), may change certain social habits, such as avoiding plane trips to distant locations due to risks associated with large groups of people boarding planes, at airports, confinement in planes, coming into contact with people from other countries where infection rates are possibly unpredictable, etc.

Being able to have beach life and recreational activities close to home reduces considerably many of these risks and could become a future trend.

Touristic destinations and public beaches are difficult to control on a sanitary level. On the other hand, on a private beach, such as is the case of PAL, access can be controlled by using tests, regulating its capacity, ensuring distances are respected, etc.

In fact, investors have identified that people will prefer to unwind in areas close to home, which will require infrastructure to be developed. These types of areas within cities will be especially necessary after confinement.

This concept of beach life just steps away from home positively impacts people’s carbon footprint and reduces the impact on biodiversity in natural places.

BUILDER: How have Crystal Lagoons amenities in residential communities fared? How are communities implementing safety measures?

Manzur: Epperson reopened its doors once COVID restrictions were lifted and has received a large number of people. What’s surprising is that, despite the current economic situation, commercial activity has been maintained, confirming the good results that Crystal Lagoons projects have always experienced in the U.S. An example of this are three new projects soon to open in Florida (Southshore Bay, Mirada, and Avenir) and Sierra Vista in Houston.

As for preventive measures, although the amenities and lagoons in the real estate projects were closed for a month, they are reopening and starting to operate normally.

BUILDER: What do you believe the future will hold for Crystal Lagoons?

Manzur: As previously mentioned, Crystal Lagoons is undergoing a structural change, registering the highest sales in its history, and is dynamically closing contracts.

Along with the master licenses previously signed around the world and the above mentioned negotiations, we’ve seen that there is a large market in the main U.S. mall chains, as several need to reinvent themselves and we’re in advanced conversations with them. The fall in their sales caused by e-commerce and an increase in unoccupied spaces has forced them to introduce new functional alternatives and new experiences, such as these lagoons.

Malls see in PAL a new hook or “anchor” to attract public. There is an important market here, and we foresee a great future reconverting these shopping centers.

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 clear water lagoons at very low costs.

Latest News

Once again, the prestigious international entertainment, travel, and tourism guide Time Out has turned its attention to the Crystal Lagoons Treasure Bay project on the idyllic island of Bintan, Indonesia. Its recent edition of recommendations on what to see, do, and experience highlighted this project as essential to include in travelers’ itineraries and a must-visit in the region due to its unique features, as the largest crystalline lagoon in Southeast Asia with sustainable Crystal Lagoons® technology spanning 15.5 acres, equivalent to 50 Olympic-size swimming pools, surrounded by 1,400 meters of white sandy beaches.

Time Out recommended this project developed under the Public Access Lagoons™ model, also known as PAL™ developments, emphasizing the variety of aquatic experiences that can be enjoyed across its 222 acres, allowing visitors to indulge in beach life year-round with options for dining, spa, shopping, entertainment, and nightlife. Within the artificial lagoon, an oasis of turquoise waters, visitors can partake in water sports such as bungee jumping, cable water skiing, boating, slides, paddleboarding, kayaking, and wakeboarding.

With its monumental body of water, Treasure Bay has established itself as a unique experience on the paradise island of Bintan, Indonesia. Bintan, known for its nearly 3,000 islands, strategically faces Singapore and Johor Bahru, Malaysia. It offers many tourist attractions, including world-class golf courses, hiking, elephant parks, eco-farms, luxury spas, and beach activities.

This PAL™ development is surrounded by 1,400 meters of white sandy beaches, with a length of 800 meters and reaching a maximum depth of 2.5 meters. It offers various water recreation experiences, including bungee jumping, cable water skiing, boat rides, water slides, paddle boarding, kayaking, and wakeboarding. The artificial lagoon allows visitors to enjoy beach life year-round with dining options, spas, shops, entertainment, and nightlife.PAL™ projects, which anyone can access for an entrance fee, transform any site into a year-round entertainment hub with more than 125 activities that can take place in the lagoon itself or its surroundings.

Crystal Lagoons® technology is revolutionizing the hotel industry and changing the paradigm of vacation developments. Major international hotel chains such as Marriott, Radisson, Conrad, Hyatt Regency, and AVA recognize the transformative value of crystalline lagoons. They have incorporated this amenity as a critical element in their projects, making them more attractive destinations.

In association with the prestigious AVA hotel chain, Crystal Lagoons is developing an iconic project that will become the most prominent luxury resort in Cancun, centered around a monumental 2.8-acre crystalline lagoon surrounded by white sandy beaches. This artificial lagoon with turquoise waters will allow guests to enjoy exclusive floating cabins and various water activities in a unique environment.  

When it opens in June 2024, AVA Resort Cancún will be an innovative luxury destination just 10 minutes from Cancun International Airport and along the city’s most extensive commercial promenade. It will be a landmark in Mexican tourism and Cancun, the largest city on the Yucatan Peninsula and a regional cultural, financial, and tourist hub.

This beachfront oasis, with all rooms facing the sea, will offer experiences for all ages and various accommodation options, from elegant rooms to spacious villas, all with breathtaking views of the Mexican Caribbean. Six pools, a water park for children, and first-class beach services ensure relaxation and fun. Additionally, high-end boutiques and local shops will provide exclusive shopping options.

Crystal Lagoons is a pioneer in sustainability and innovation. It will offer an idyllic beach landscape to enjoy a lively life around the lagoon. Guests can relax in one or four water cabins or engage in non-motorized water sports, all in the same body of water”, said Ash Tembe, Vice President of Sales and Marketing for North America at AIC Hotel Group.

Around the world, the concept and technology of Crystal Lagoons® have become the leading sales attraction, positively impacting its commercial success. Despite the credit and real estate challenges in the current economic conditions, Crystal Lagoons projects continue to defy the market with very impressive sales figures, particularly in the United States. The rankings from real estate consulting firms RCLCO and John Burns on the best-selling master-planned communities once again demonstrated that crystalline lagoons are a powerful purchasing driver. SunterraMiradaWindsong Ranch, and Epperson secured prominent positions in 2023.

These projects ranked among the top 50 best-selling communitiesFlorida leads the ranking within the list, representing close to 40% of the sales for all top-ranked developments, followed by Texas with 37%. In both states, Crystal Lagoons has a significant presence.

In Texas, Sunterra stands out as a project that, even though the crystalline lagoon has not been built yet, serves as a commercial driver within the community, generating sales rates higher than the average, with a significant increase of 63% compared to 2022. This placed it 3rd nationally in both rankings, further boosting the strong performance of Houston, the top-selling metropolitan area in the country. Sunterra’s positive sales results had already been recorded in previous reports.

With the largest amenity powered by Crystal Lagoons® technology in the United States, Mirada in Florida, inaugurated in 2023, sets another record. With an 89% increase in sales, it ranks 17th. Its 15 acres of turquoise waters and white sandy beaches are a buying trigger.

Another notable project in Texas is Windsong Ranch, which has consistently set sales records, ranking 29th in the John Burns ranking. The project has also been nationally awarded as “Master Planned Community of the Year,” among other recognitions.

On the other hand, Epperson in Florida also ranked prominently in both studies, a commercial trend registered since its inauguration as a real estate project. The interest it generated was so significant that it had to be opened to the Public Access Lagoons™ model, also known as PAL™ developments.

The United States is the main operation of Crystal Lagoons worldwide, and it has more than 275 projects at different stages of development and negotiation. Among the most important are Mirada, Sole Mia, Balmoral, Windsong Ranch, Beachwalk, Southshore Bay, Aqua, among others. The recent joint venture to develop four Public Access Lagoons™ complexes, also known as PAL™, in Texas stands out and will add to the successful public access developments Epperson (Florida) and Lago Mar (Texas).

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