Melbourne’s Crystal Lagoon Gets Green Light

Crystal Lagoon is now officially coming to Melbourne, and some estimates say the aquatic resort complex could create 2,600 direct and indirect jobs. A combination of apartment buildings and restaurants, along with retail venues, will be situated on 56 acres of land that was conveyed from the federal government to the city of Melbourne back in 1947 as part of the former Naval Air Station Melbourne. The property is on the south side of NASA Boulevard, east of Broadband Drive, west of Woody Burke Drive, and north of Hibiscus Boulevard. Back in October, the Melbourne Airport Authority unanimously authorized selling the land for $8.93 million to a developer… Adëlon Capital… for the Crystal Lagoon plan.