Wavelength Surf Magazine – since 1981

Want To Own A Wave Pool? Bournemouth’s £35 Million Lagoon Project Is ‘Seeking Investors’

Plans have been revealed for a £35million development called The Lagoon for the south coast town of Bournemouth, including a wave pool capable of generating 2400 waves/hour.

The 15 acre site is set to include a 145 bedroom hotel and glamping site, all part an of “energy neutral… environmentally friendly solution”. Building work is set to begin later this year, with plans to be open by 2022, according to local councillor Bill Cotton.

But the really exciting part for WL readers is your chance to get in on the ground floor and part own a piece of the action.

Martin Spooner, director of the development company behind The Lagoon said, ‘We have just hosted our first private pitch event to attract seed capital, and update interested parties, which turned out to be an incredible night for The Lagoon. We are seeking additional founder investors who would like to join us on the journey and a cornerstone investor at this exciting early development stage. Ideally a local entrepreneur from the sports, leisure or hospitality industries.’

Britain is second in the world in terms of wealth inequality (still in a Champions League spot) behind the USA, with a reported 5000 people with over $50million (£38m). Are you one of them? Would you like an investment that not only further enrichens you, but that you can also shred?

Bournemouth is of course no stranger to exciting opportunities to invest in surf leisure infrastructure projects. Bournemouth Reef opened in 2009, and was lucky enough to get Wavelength’s It’s Not The Length podcast co-host Ben Mondy along to add a bit of star factor to the launch.

Will The Lagoon secure the millions still required to get Bournemouth into the global wave park race?

Will the PR & marketing team be savvy enough to secure Mondy’s participation for a test sesh?

Can you or your mates get a Kickstarter going and scrape together enough to become the keystone investor?

Stay tuned.