Multi-national water innovation company, Crystal Lagoons — which "allows lagoons of unlimited sizes to be built and maintained at very low costs" — has partnered with developer Balwin Properties for the construction and operation of SA’s first Crystal Lagoon, to "bring beach life to Gauteng". Balwin develops sectional title residential estates in high-density metropolitan nodes. The company listed in October 2015, with the support of billionaire investor Jonathan Beare and his company, Buffet Investments, which took a large shareholding in the group. The group is building a new R4.2bn residential development, The Blyde at Riverwalk Estate, in Pretoria East, Gauteng. It said this development would showcase Crystal Lagoons’ technology, which it has patented in 190 countries. The technology involves the creation of water features which allow swimming, kayaking, paddle boarding and sailing. The Blyde will become one of 600 Crystal Lagoons projects in different stages of development and ...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.