U.S. press: Crystal Lagoons, the next big amenity, in Nevada and Florida12 April, 2017 / News
Las Vegas hotelier Steve Wynn has discovered the next great amenity. And with it, he plans to bring to the desert the one thing the Nevada gambling mecca lacks: Caribbean-like beaches.
Wynn plans to turn the 38-acre golf course behind his two hotels on the Las Vegas strip into a huge Crystal Lagoon where visitors can not only swim and sun on white sand beaches but also water-ski, paddleboard and paraglide.
“This is the most fun project I’ve had in my 45 years (in the industry),” Wynn says. “I love this.”
Crystal Lagoons are popping up elsewhere, too. Several are under construction in Florida, including in Pasco County’s Wesley Chapel, in the Bal Harbour section of Miami Beach, and in Jacksonville. In total, the company has some 300 lagoons either built or in development in more than 50 countries, including 15 in the U.S.
Like Bahamas without jellyfish
“This is a complete game-changer in terms of amenities,” Greg Singleton, president of the Metro Development Group, said at an Urban Land Institute conference last fall in Dallas. “It’s almost like being on a beach in the Bahamas, with crystal-clear water in front of you, except there are no jellyfish, man o’ wars or sharks.”
Crystal Lagoons bills itself as a technology company that offers developers a system for building and maintaining clear bodies of water of unlimited size at a low cost. And it can help turn landlocked, otherwise non-viable properties into successful projects, says the company’s U.S. president, Uri Man.
“This is an amenity that has the power to change the real estate paradigm,” Man says. “It can transform any location into an idyllic beach paradise and provides real estate developers unmatched value compared to traditional amenities.”
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.