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New PAL™ development in the U.S. Generates Expectations

11/25/2021

Great interest arouses the new Crystal Lagoons project in the United States, which would be located in Derby County, State of Vermont. Derby City Council and the Derby press, including KWCH12, have highlighted the value of this Public Access Lagoons™ project or PAL™ development.

Like the name implies, PAL™ lagoons consist of the world-renowned turquoise waters by Crystal Lagoons, considered the world’s top amenity, that opens the doors for private investors and developers to have their own piece of a tropical experience and charge for entry to people who want to enjoy the beach life just minutes from their homes.

They can be used throughout the year thanks to the new Hot Reef ™ technology, a patented innovation that, at low cost and in a sustainable way, keeps the bathing areas of the lagoons warm.

The complex would include a large crystalline lagoon for swimming and water sports, like paddleboarding, scuba diving and snorkeling. There would also be a hotelapartmentsrestaurants and six acres of land for “glamping, or glamour camping.

American Market

Currently, the main Crystal Lagoons operation base is in the United States. Among the projects that stand out are Epperson, Lago Mar, Solé Mia, Balmoral, Windsong Ranch, Lake Nona, Section 31, Mirada, Avenir and Sierra Vista, among others.

Additionally, its successful Public Access Lagoons™ projects with tickets, also known as PAL™ projects in Florida and Texas, and important master agreements such as the one signed with Epic and Mattel for 16 developments of this type in different geographical areas, and with ADËLON for five PAL™ projects in Orlando.

Crystal Lagoons is also in advanced negotiations with investment funds and mall chains in Florida, California, South and North Carolina, Texas, Arizona and Oklahoma for additional master agreements, settlements that today represent 90% of the multinational’s contracts.

KWCH12

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