Fast growth of Crystal Lagoons in the U.S.

24/08/2021

Crystal Lagoons has numerous ongoing operations worldwide, but those spotted across the U.S., such as Solé Mia, Balmoral, Windsong Ranch, Lake Nona, Section 31, Southshore Bay, Mirada, Avenir, Sierra Vista, have confirmed the United States as the company’s leading market.

In addition, the company is expanding its successful Public Access Lagoons™ projects offering ticketed-entry in Florida and Texas, and important master agreements such as the one signed with Epic for 16 developments in different geographical areas.

“We are holding advanced negotiations with investment funds and leading malls in Florida, California, South and North Carolina, Texas, Arizona and Oklahoma for additional master agreements, which now represent 90% of the firm’s contracts,” adds Manzur.

Dallas Hot Market

Investors are Big on Dallas Real Estate Market as the city has become one of the most important metropolitan areas in the U.S. and, according to Roofstock, is considered a quasi-getaway city for investors looking for dependable, liquid real estate environments. Here are some key reasons why Dallas is a prime location for real estate:

Population Growth: Dallas M.A. alone population grew by nearly 2% last year and is set to probably see the biggest population surge in the country this decade
Job Market: The city is one of the fastest-growing job hubs in the U.S. with a GDP of nearly $523.9 billion USD
Real Estate Market: Home value increased by 12.3% over the last year and 56% over the last 5 years.
Historic Price Changes & Housing Affordability: Home prices are rising in most Dallas neighbourhoods and rents have increased by 13% year-over-year.
Quality of life: Forbes has ranked Dallas as the 2nd best place for business and careers in the U.S. and is among the best 25 places to live and retire in the country, according to U.S. News & World Report.

To face current population growth, density and demand, the city has expanded its neighbourhoods to suburb areas, where school district quality, home values, employment rate, income levels have played a strong role to several real estate investors, specially master-planned community investors. Crystal Lagoons is already taking a big part in Dallas increasing market as at least four Public Access Lagoons™ projects are in the works, to deliver Dallas growing population amenities that are up to their high quality of life expectations.

According to the last RCLCO 50 Top-selling Master-planned communities report, there are 18 top-selling projects in Texas, 6 of them in Dallas. The three top-selling by Land Tejas, the largest MPC developer in Texas, count with a lagoon powered by Crystal Lagoons® technology.

New developments in Orlando

Crystal Lagoons® signed a new contract with Hollywood-based asset manager Adëlon Capital, to develop at least five Public Access Lagoons™ in the Orlando area starting in 2023.

The development team aims to open locations in Orange, Seminole, Osceola, Lake and Sumter counties. Unlike previous plans in Orlando, these Crystal Lagoons would be accessible to the public through the purchase of a ticket.

The crystalline lagoons will be built in conjunction with other new development like hotels and apartments. “We will bring Orlando the only thing it is lacking: a beach lifestyle,” Jonathan Cohen, Adëlon Capital founder and co-chairman, said in a prepared statement.

Opening Crystal Lagoons next to hotels in Orlando would be a boon for these properties, said Brad Parker, a land expert with Longwood-based Southern Realty Enterprises Inc., who isn’t involved with Crystal Lagoons. Parker said potential locations could be in The Villages, the tourist corridor, Lake Mary and at the Olympus project in Clermont, based on the developer’s plans to open in those counties.

“There’s no question it would increase revenue for a resort,” Parker said. “It’s another avenue of marketing to get people to come there.”

Orlando Business Journal

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Crystal Lagoons Project in Turkey Stands Out at Global Healthy Living Summit

02-11-2023

In Onikisubat, Turkey, the Public Access Lagoons™ project by Crystal Lagoons, which has the largest lagoon in Europe, is garnering worldwide attention as the venue for a significant expo and summit on healthy lifestyles, green economies, sustainable living, education, and innovation.

The event promotes cooperation and knowledge exchange among countries regarding an environmentally respectful and sensitive culture within cities.

The Mayor of Onikisubat, Hanefi Mahçiçek, emphasized the significance of this development as the most prominent setting for the event due to its environmental characteristics. He also noted that the PAL™ development is part of the urban plan to transform the city into a model and modern district.

Indeed, one of the attributes of this project, in partnership with the local municipality, is the sustainability of Crystal Lagoons® technology and its contribution to urban public entertainment, setting a new standard with high social impact.

This Expo 2023 features the participation of over 24 countries and is expected to draw more than 2 million visitors worldwide. The exhibition encourages cooperation and knowledge exchange among countries on healthy lifestyles, green economies, sustainable living, education, and innovation.

The sustainability of Crystal Lagoons® technology, which has received multiple global awards, has been certified by Bureau Veritas for its low water and energy consumption. Another noteworthy feature is that it uses any type of water: fresh, seawater, or brackish. It uses up to 100 times fewer chemicals than a traditional pool and can reduce the carbon footprint in the tourism and transportation sector by over 40%.In Turkey, Crystal Lagoons is also in advanced negotiations to develop PAL® projects in several country cities. These complexes provide access to crystalline lagoons and white sandy beaches for anyone through the purchase of a ticket, delivering a tropical paradise experience amid the city. Around the lagoon are spaces for fairs, launches, food halls, weddings, hotels, shops, restaurants, and concerts on multiple stages, terraces, domes, and amphitheaters.

Crystal Lagoons expands in Australia with 16 PAL™ Projects

20-10-2023

Crystal Lagoons has completed a significant expansion in Australia. The multinational innovation company has signed an important contract with investment fund Vibranium Capital Partners to develop 16 new Public Access Lagoons™ projects, also known as PAL™ developments, in Australia. Additionally, the agreement considers the possibility of entering with ten additional projects in other countries in Oceania and Southeast Asia.

Australian cities have been ranked among the best in the world because of their geographical richness and nature. Through this contract, cities like Melbourne, Sydney, Adelaide, Perth, Brisbane, and the Gold Coast will have large crystalline lagoons suitable for swimming and water sports, surrounded by white sand beaches. These complexes contribute new beach hubs, catering to the Australian lifestyle where aquatic activities and entertainment are prioritized.

While these cities are located close to the coast, the projects of Crystal Lagoons will develop second and safer shorelines. They will provide additional tourist infrastructure to the natural beaches that enable people to swim and practice water sports securely, free from the sea risks in that area.

The partner in this contract is an Australian investment fund with operations in Oceania, the Americas, and Asia, with more than 30 years of experience and an investment portfolio of US$4 billion. The firm’s interest in the PAL™ model is to expand its strategic partnerships and real estate development opportunities in key markets.

What to expect

Like all public access projects of Crystal Lagoons, the centerpiece is a crystalline lagoon, which can be accessed via ticketed entry. The PAL™ complexes also incorporate restaurants, multifamily areas, hotels, retail, beach clubs, etc.

“Australians love the water and outdoor life. However, as with many tourist destinations worldwide, coastal edges are highly developed, and land is expensive. PAL™ developments offer a successful and sustainable alternative to developing beach and recreational infrastructure in inland areas, giving a larger part of the population access to these recreational spaces,” said Alastair Sinclair, Regional Director of Crystal Lagoons.

“We look forward to leveraging our experience under this partnership and the potential of Crystal Lagoons® concepts and technology, particularly in Australia. We will now focus on building partnerships with strategic investors, developers, and landowners in each of the territories to bring these projects to fruition,” added a Vibranium Capital Partners spokesperson.

Dive into our PAL™ projects and enjoy a new stream of possibilities here!

U.S. Real Estate Ranking Places Crystal Lagoons Projects Among the 50 Top-Selling Master-Planned Communities of 2023

17-10-2023

Since expanding to the United States, the success of Crystal Lagoons has not stopped. Their developments have always been at the forefront of real estate sales rankings in the country. This is the case with their first project, Epperson in Florida, to the newest ones, Mirada and Sunterra in Florida and Texas.

This is again confirmed by the 2023 real estate ranking by RCLCO, one of the USA’s leading real estate consulting firms, recently released. In it, five projects of Crystal Lagoons are among the top 50 top-selling master-planned communities in the country. These include Sunterra, Sierra Vista, Windsong Ranch in Texas, and Mirada and Epperson in Florida.

All of them have a crystalline lagoon as a central piece. Sunterra was the best-selling development in Texas, with a 49% increase. Mirada, which features the largest artificial lagoon in the country, grew 59% in sales, being the project of Crystal Lagoons with the greatest dynamism.

Within RCLCO’s rankings, developments with crystalline lagoons are always among the best sellers. Crystalline lagoons impact the speed of sale and price, generating an advantage over the competition.

According to the consultancy, the success and added value of the lagoons are because amenities like these are among the most sought after by families in this country. These bodies of water allow for water sports, beach life, outdoor activities, and access to nature, benefits that buyers increasingly value.

“Artificial lagoons are a cross-cutting sales driver confirmed in various rankings in all their versions, such as RCLCO and the John Burns Real Estate Consulting ranking. That’s why the United States is the world’s main market for Crystal Lagoons, with more than 275 projects in different stages of development and negotiation,” explains Ivan Manzur, Senior VP of Sales at Crystal Lagoons US Corp.

This success reflects how the Crystal Lagoons® concept and technology, patented worldwide, has become the world’s top amenity, changing the landscape and creating a unique environment of turquoise waters and white sandy beaches.

RCLCO, Real Estate Advisors

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