The project, which was just approved by the Glendale City Council, is expected to bring in $700.8 million in new sales, property and bed tax for Glendale and Arizona over the next 25 years. In addition, the project is expected to create some 1,800 new jobs.

The centerpiece of the project will be the massive 11-acre swimming lagoon, which will reach up to 10-feet deep in some places. The lagoon will be surrounded by white sand beaches and visitors will purchase tickets for entry.

Around the lagoon there will be office space, restaurants, amusement rides, restaurants, and a hotel with more than 600-rooms.

The highest point in the development will be “Aerophile’s Aerobar,” a 130-foot “food and beverage experience.”

“I am so proud of the continued successes in the Sports & Entertainment District,” says Glendale Mayor Jerry Weiers. “An amenity of this magnitude adds to Westgate’s mega event appeal and will generate significant revenue to support residents, businesses, and the state as a whole.” A project of this type is a testament to the trust and faith that businesses continue to have in Glendale.

“We’re excited for this project on many fronts, but two really stand out,” says Glendale City Manager Kevin Phelps. “Not only will this be a great example of experiential retail, which is the only area of growth in brick & mortar development over the past 10 years, but this project further cements Westgate as the largest Sports and Entertainment District in Arizona.”

Crystal Lagoons has developments around the world including Dubai, Japan, Brazil and South Korea.