Crystal Lagoons to open Dubai office
Crystal Lagoons Corporation, which is developing the world's largest man-made lagoon in Dubai, is to open an office in the emirate.
The company is currently involved in 250 projects in more than 60 countries, including the 40 hectare project under construction in Mohammed Bin Rashid Al Maktoum City – District One residential community in Dubai.
The business was founded in Santiago, Chile, in 2007; while an office was opened in Miami, USA, last year. With a further base in Amsterdam in the Netherlands, CEO of Crystal Lagoons USA, Kevin Morgan, told Hotelier's sister publication Construction Week he is excited to add to their global reach.
He said: “It is such an important sector (GCC) that the company now, literally in the coming weeks, prior to Cityscape, will have offices that are to be located in Dubai as our international headquarters.
“We are very excited about bringing a physical presence to the region, more than just our partners. It’s critical to be here.”
It is understood a potential site could be in Tecom, although no deals have been signed as yet.
Crystal Lagoons has two lagoons in the popular Egyptian resort of Sharm El Sheikh, including currently the world’s largest lagoon at 12 hectares, and another completed project in Jordan, along with four others in Saudi Arabia, Oman and the UAE.
Morgan added: “We’re really seeing a massive expansion in the GCC and with the launch of the project here in the UAE we’re poised for great growth in Abu Dhabi and Dubai.”
A pilot lagoon at the Dubai site, which is in the charge of Meydan Sobha Developers, was completed on schedule. It covers a surface area of 1.4 hectares with a depth of 2.45 metres and a perimeter length of 578 metres.
Once fully complete in 2018, through a series of interconnecting lagoons, it will form the world’s largest manmade lagoon, covering 40 hectares.
Mohammed Bin Rashid Al Maktoum City – District One will feature luxury residences and include parks, man-made beaches, water sports and a world-class equestrian club with riding trails.
The development will also feature a promenade with a wide selection of stores, restaurants, bistros and entertainment options.