Miami-based Crystal Lagoons announces its 10th U.S. project along with New World Record in Egypt
Thirty-five projects are in negotiations with top U.S. real estate developers valued at $22 billion dollars
MIAMI, Dec. 10, 2015 /PRNewswire/ -- Crystal Lagoons broke the record for the "World's Largest Crystalline Lagoon" with the completion of its latest project in Egypt.
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Twelve Crystal Lagoons totaling 250 acres will be the centerpiece of the $5.5 billion dollar, 1,850-acre development in Citystars Sharm El Sheikh. The record-breaking lagoon is 30 acres of crystal-clear water surrounded by white sandy beaches – perfect for swimming, sailing, kayaking and more.
Citystars Sharm el Sheikh's crystal lagoon get its salt water supply from wells in the middle of the desert that are otherwise useless, allowing for a tropical crystalline lagoon in the desert. In addition, the salt water used in the crystal lagoon features higher levels of purity and will be used for reverse osmosis desalinization processes, lowering the costs of water treatment.
Miami-based Crystal Lagoons, valued at $1.8 billion dollars, developed a technology that allows for massive crystal lagoons to be built anywhere in the world. The sustainable technology uses 100 times less chemicals and 50 times less energy than a swimming pool.
Crystal Lagoons recently announced its 10th U.S. project with top real estate developers including LeFrak, Turnberry Associates, Tavistock Development Group, and Metro Development Group. More than 35 U.S. projects are in negotiations valued at $22 billion dollars.
"Crystal Lagoons provides unprecedented real estate value," said Uri Man, CEO, Crystal Lagoons US, Corp. "We are excited about Crystal Lagoons impact on real estate development. Similar to the Citystars Sharm El Sheikh, many U.S. developers are using these crystalline lagoons to transform non-viable properties into viable development sites."
About Crystal Lagoons
Crystal Lagoons is a multi-national company with US headquarters in Miami that has developed an innovative concept and technology, patented in 160 countries, allowing for the construction and maintenance of unlimited size bodies of water in crystal clear conditions at low cost. With over 300 projects worldwide, Crystal Lagoons' impressive turquoise waters are revolutionizing not only the real estate world but also water and energy production. Applications range from bringing idyllic beach life to locations otherwise thought unimaginable, to providing industrial solutions for closed-circuit cooling systems for thermal power plants and data-centers, among others. For more information, visit www.crystal-lagoons.com and LinkedIn.
SOURCE Crystal Lagoons
For further information: Hanna Thornton/Jorge Martinez, The Conroy Martinez Group, (305) 445-7550, firstname.lastname@example.org, http://www.crystal-lagoons.com