U.S. Financial media reports on Crystal Lagoons’ Latest Projects for Texas20 January, 2017 / News
Popular U.S. financial website Business Journal has recently reported on Crystal Lagoons U.S. Corp. plans to open up two new lagoons in the Lone Star State in partnership with a Houston-based developer.
The multinational water innovation company is partnering with Houston-based Land Tejas to anchor crystal clear lagoons to two master-planned communities in Houston, which includes the developer’s Balmoral development in northeast Houston.
Balmoral will feature a 1.5 acre Lagoon that is almost seven times the size of an Olympic-size swimming pool. Balmoral will begin construction of the Lagoon in summer 2017 with plans to open in early 2018. The second Lagoon is planned to feature an 8.5 acre Lagoon that is more than 35 times the size of an Olympic-size swimming pool, and is slated to begin construction by the end of 2017.
Both communities, valued at over $1.5 billion, will feature approximately 2,100 and 4,000 single-family homes, respectively, and $600 million to more than $1 billion in projected home sales. Each community will also feature a Beach Clubhouse with areas for water sports, such as kayaking and stand-up paddle boarding, as well as white sandy beaches surrounding the lagoon.
“We are proud to partner with Land Tejas, one of the Houston area’s most successful developers, on what is sure to be two of their fastest-selling master-planned communities,” said Crystal Lagoons U.S. CEO Uri Man. “Land Tejas has a strong history in the region, and is known for implementing forward-thinking and innovative technologies, like Crystal Lagoons, that will offer their residents a fun, healthy and active lifestyle for many generations to come.”
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 crystal clear lagoons at very low costs.