“The first time I saw one of these was in Cabo San Lucas, Mexico,” Martin said. “It was so unbelievably cool. When I saw it I said, ‘We have to do that.’ “
Between the construction and licensing fees, Martin said the Windsong Ranch Crystal Lagoon will cost twice what the usual residential development community center runs. He won’t say exactly how much Terra Verde is spending on the project.
Twenty-five years ago, most of the new residential communities around the U.S. were centered on golf courses. But with changing consumer tastes and rising land prices, residential developers are looking at new options to anchor their home projects.
“There will be a lot of interest in seeing how this lagoon does for Windsong Ranch,” said Ted Wilson, a principal with Dallas-based residential consulting firm Residential Strategies Inc.
“Windsong Ranch is one of the highest-quality new neighborhoods, and they have performed very well,” Wilson said. “Adding the lagoon is just another feature that will continue to draw buyers.”
Unlike other Crystal Lagoon water parks that accompany hotels and resorts, the Windsong Ranch pool won’t be open to the public. You’ll have to buy a home to use the lagoon when it opens next spring.
Homes in Windsong Ranch start in the high $200,000s.
“The response from our residents has been off the hook,” Martin said. “I wish it was open today.”