PAL™ developments: urban revolution and meeting point of the XXI century19 August, 2022 / News
PAL™ developments are fast becoming the perfect meeting point of the XXI century, bringing together hotels, restaurants, retail, and entertainment venues, anchored by large crystalline lagoons suitable for swimming and water sports, and surrounded by white sand beaches, which the public can access for a ticket.
This pioneering concept developed by Crystal Lagoons has sparked a phenomenon similar to the revolution caused 200 years ago by the incorporation of parks into cities. Today, beach life can be recreated in the center of cities and just meters from home, due to the Public Access Lagoons™ model, which is changing urban lifestyles around the world.
PAL™ developments offer new public spaces of value and quality of life to millions of people, providing social inclusion, entertainment and relaxation, especially in cities far from the coast, congested or with unfriendly public spaces. It is the sustainable recreational activity of the future, since they are inserted in the cities, bringing the Caribbean experience closer, avoiding transfers.
Business with endless opportunities
PAL™ business model has emerged as a solid and robust investment alternative, offering perpetual income far in excess of what can be obtained in other industries. It is highly valued for transforming shopping malls, reconverting retail spaces and reactivating the flow of people to amusement parks, racetracks or golf courses.
These developments generate profits through the sale of lagoon tickets, as well as income from water sports equipment rental, naming rights, retail, memberships, and different activities throughout the year, from corporate events to weddings and concerts.
Its flexibility attracts investors because it can be developed with different investment formats and with models with more or less infrastructure. Even those with minimal initial infrastructure have been successful, as they can expand with their own profits.