World interest for new Crystal Lagoons projects in Florida
02/23/2022One of the most iconic tourist areas in Florida is Orlando. Showcases every imaginable infrastructure except beach life. In 2021, was tapped into by ADËLON Capital, a renowned developer and asset management and administration firm, and business partner of Crystal Lagoons.
Media from around the world, including ABC News, picked up the news about the second exclusivity agreement that Crystal Lagoons and ADËLON Capital recently signed for new complexes in Brevard County and other territories on the east coast of Florida.
The city showcases every type of entertainment offering and infrastructure imaginable, except it lacks beach life. The two companies signed a master agreement for the development of at least five Public Access Lagoons™ projects, also known as PAL™ projects, the first of which is to be built next year.
Since entering the U.S., Florida has been one of the most dynamic markets for the multinational’s crystalline lagoon projects. The first development was Epperson, which from the outset was a commercial success. Every year it leads the rankings of the best-selling real estate developments in Tampa and the U.S. In fact, when part of the complex’s artificial lagoon opened to the general public, it triggered a wave of ticket sales worth US$50,000 daily with up to 1,200 visitors every day. Tickets began selling out weeks in advance.
“Artificial lagoons are the crossways and driving force behind Crystal Lagoons projects in the U.S. This is apparent in the different rankings such as that of RCLCO and John Burns Real Estate Consulting. In fact, all of the projects with Crystal Lagoons amenities that are at the sales stages in Florida are among the top 50 best-selling real estate projects annually,” says Iván Manzur, Senior VP of Sales, Crystal Lagoons US Corp.
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