Apr 6 2009
Think big and build big is the premise behind the tourist revolution of Citystars Properties and Crystal Lagoons, which recently announced the creation of the world's largest pool, in the middle of the Egyptian desert. The company is working with its local partners, Pyramids Plaza and Citystar Holding, on a project named Citystar Lagoons.
Crystal Lagoons announced the construction of twelve giant crystal-clear lagoons at the Sharm El Sheik beach, the biggest of them measuring 8.9 hectares in size. The world's largest pool is currently in San Alfonso del Mar, Chile, and has an area of 8 hectares. This one-kilometer-in-length behemoth -- also built by Crystal Lagoons -- will soon be defeated by its Egyptian relative, which is expected to be finished in the summer of 2009.
The project, located 3 kms from the Red Sea, involves a master plan of 30,000 home units, hotels, a museum and a shopping center. This will be the first of four tourist projects that Crystal Lagoons has formally agreed upon with its Egyptian partner and that will be located in Sharm El Sheikh, Hurghada and Alexandria.
By the end of 2009, Crystal Lagoons and Citystars Properties will venture into a new real estate project located on Suma Bay on the Red Sea, approximately 500 km south of Cairo and just below the Abu Soma peninsula. This new project will double the size and investment in Sharm El Sheikh.
With a total investment of US$10 billion, the Suma Bay project involves the construction of 18 giant lagoons, 10 hotels, 50,000 residential units, a commercial area, a waterpark and two 18-hole golf courses.
The following Crystal Lagoons projects are currently under construction around the world.
- Citystars - Sharm El Sheikh, Egypt
- Playa Blanca - Coronado, Panama
- Guitar Project - Red Sea, Jordan
- Lagoa dos Ingleses - Minas Gerais, Brazil
- Asia del Mar, Lima, Peru
- Las Brisas de Santo Domingo - V Region, Chile
- Laguna Vista de Algarrobo - V Region, Chile