2022 was a record year for the expansion of Public Access Lagoons™ projects

31/01/2023

Crystal Lagoons has been growing exponentially and 2022 was a record year for the expansion of its Public Access Lagoons™ model, also known as PAL™ projects. The company expanded into over 15 new markets and ended the year with over 810 projects of this type at different stages of development. The multinational innovation company recently signed mega commercial contracts in Japan, Australia, Polynesia, Cambodia and Saudi Arabia. Also, throughout the year, the company completed agreements to enter India, Israel, Palestine, Hungary, the Czech Republic, Romania, Poland, Ghana, Nigeria, the Philippines, Luanda, Ukraine and Guyana, and will soon move into Senegal and the Bahamas.

What is the largest contract cl signed?

India marks a special milestone for the company. As well as being the world’s second most populous nation, it is also Crystal Lagoons largest contract signed to date with plans to build 100 PAL™ and real estate projects that will bring idyllic beach life to coastal and inland cities including New Delhi, Mumbai, Bangalore, Kolkata, Goa, Hosur, Chennai and Hyderabad.

What other new markets stand out this year?

The signing of mega-agreements for both Israel and Palestine, literally within weeks of each other, is also a major endorsement of both the attractiveness of the crystalline lagoons concept and the sustainable nature of its technology for inland and arid cities. Jericho, the world’s oldest city, will be the first to see a public access development in Palestine, while Israel will see developments in Tel Aviv, Haifa, Rishon LeZion, Netanya and Petah Tikva.

The United States is the Crystal Lagoons’ largest Market. What are the agreements signed in this country?

In the US is leading our worldwide international growth where we have more than 260 projects in various stages of development, we signed agreements to bring 12 PAL™ developments to South Carolina and North Carolina. Crystal Lagoons already has a strong presence in the states of Florida, Georgia, Texas, Utah, Alabama, Tennessee, and Mississippi, many with developers expanding their existing contracts to include new geographies.

With its Public Access Lagoons™ model, also known as PAL™ projects, Crystal Lagoons was a highlight at the world’s most important entertainment industry event, the IAAPA Expo, held in Orlando, USA.

In fact, the booth where the multinational showcased its revolutionary public access developments was selected by the event organizers with the IAAPA Brass Ring Best Exhibit Award, considered one of the industry’s most prestigious honors. The evaluation, with more than 100 applicants, was based on the booth design, branding, product, and overall appeal.

Crystal Lagoons presented the new standard being set by its PAL™ projects as a meeting point and urban entertainment and entertainment industry, which is growing annually and generates more than US$ 360,000 billion.

“The presence at IAAPA Expo confirms the entertainment value of PAL™ complexes, bringing idyllic beach life to any place in the world with hundreds of entertainment activities, culture, and services. These developments attract a massive number of visitors and increase the profitability of entertainment parks, theme parks, aquatic parks, aquariums, zoos, malls, etc., generating an entertainment hub,” explains Ivan Manzur, Senior Vice President of Sales for Crystal Lagoons US Corp.

Near 40,000 executives, developers and operators of theme parks, amusement parks, water parks, family entertainment centers, zoos, aquariums, and other projects from around the world attended this entertainment summit. The event is organized by the International Association of Amusement Parks and Attractions (IAAPA), a corporation with over 100 years of existence and nearly 7,000 members from more than 100 countries.

With more than 800 PAL™ projects in different stages of development and negotiation around the world, the centerpiece of these complexes is their monumental crystalline lagoons and white sandy beaches, which can be accessed via ticketed entry. They are suitable for swimming and water sports, giving life to countless activities, including inflatable parks, trade shows, beach parties, concerts, flow boarding, yoga boards, water slides, cliff jumps, mapping shows, water light shows, and outdoor cinema, among many others.

In line with the environmental concerns of the entertainment industry, PAL™ projects are eco-friendly. An average one-hectare lagoon consumes 40% less water than a park or green area of the same size, 33 times less water than an 18-hole golf course, and can use any type of water. Crystal Lagoons® amenities consume only 2% of the energy required by conventional pool filtration systems and use up to 100 times less chemicals than a traditional swimming pool.

In addition, these developments allow a reduction of more than 40% in the carbon footprint (14 million tons of CO2 per year) of the tourism and transport industries by decreasing travel to coastal destinations by around 50%, a fact recognized by various international awards such as the Green Apple Award and Champion of Champions Awards.

The New York Times highlights the global impact of crystalline lagoons

14-11-2023

The New York Times now dedicated a feature to the ‘global real estate phenomenon’ of Crystal Lagoons. Defining these crystalline lagoons as the new waterfront, the article emphasizes how they have redefined the experience of owning a property by the sea. It underscores their growing interest and their key role in projects worldwide.

These turquoise bodies of water have evolved into a global trend, transforming landscapes and creating idyllic beach environments enjoyed year-round. Their appeal to buyers is undeniable, as they significantly increase property values and sales prices, outperforming any other amenity.

The founder of Crystal Lagoons, Fernando Fischmann, was interviewed by The New York Times, highlighting the sustainable features of his technology, which uses up to 100 times fewer chemicals and 50 times less energy than a traditional pool. The lagoons can also be filled with fresh, salt, or brackish water, using 40% less water than a green area of the same size and 33 times less than an 18-hole golf course, requiring only 2% of the energy needed by conventional pool filtration systems.

The article showcases different Crystal Lagoons projects, including the award-winning SoLéMia in northern Miami and Damac Lagoons in Dubai. Both developments incorporate a lagoon with Crystal Lagoons® technology as a central piece, offering an idyllic environment for living, working, and playing, even amid the desert.

According to Chris Graham, founder of the London-based consultancy Graham Associates, specializing in luxury real estate brands, crystalline lagoons are desirable for their consistently clear and calm waters and because they provide safety for swimming and water sports. “High waves or murky conditions that would typically prevent you from enjoying water sports on or in an ocean or lake aren’t a concern with a man-made lagoon,” he states.

The attributes of Crystal Lagoons® amenities have been widely highlighted by the most important media outlets on all five continents, such as The Wall Street Journal, Architectural Digest (the world’s leading architecture magazine), Bloomberg, Forbes, BBC, CNN, FOX, TVE, RAI, Nat Geo, Popular Mechanics, among many others.

THE NEW YORK TIMES

Crystal Lagoons Strengthens its Association with Nakheel in the Middle East with Three New Mega Projects in Dubai

06-11-2023

Crystal Lagoons – a multinational innovation company founded by scientist Fernando Fischmann – continues to expand in the United Arab Emirates, where the company has almost 100 ha of crystalline lagoons under development or in operation in the city of Dubai.

Crystal Lagoons recently announced a new contract with Dubai state-owned company Nakheel. Nakheel directors visited the headquarters of Crystal Lagoons in the United States and toured the main projects along with founder Fernando Fischmann, further strengthening cooperation agreements with the multinational company and leveraging its expertise in projects involving this technology.

This new agreement forms part of the government’s wider Dubai 2040 Urban Master Plan for the Mohamed Bin Rashid City-District One area of the city, which is already renowned for its 60-hectare crystalline lagoon. This new wave of construction comes in response to the soaring population growth that Dubai has experienced in recent years due to immigration.

This new contract will add three new real estate projects and thousands of residential units that will transform the urban landscape of this area of the city by adding 26 more hectares of crystalline lagoons.

Crystal Lagoons® technology has added significant urban and economic value to this city, with major projects such as Mohamed Bin Rashid City- District One and also Tilal Al Ghaf, a high luxury residential complex built by the Middle East’s leading real estate developer, Majid Al Futtaim. The project has led sales and values per m² in the UAE in certain periods.