It will be an investment of £50 million.
A new Wavegarden Cove will be created in Birmingham, the second most populous city in the United Kingdom, as a result of a £50 million investment by Stonewall Infrasport. Europe. It is the UK's largest Wavegarden Cove and will open its doors in late 2025. “Stoneweg Infrasport shares our vision of creating destinations with amazing waves and beautiful beaches, bringing surfing to metropolitan cities like Madrid and Birmingham and making the sport accessible to everyone”, said Josma Odriozola, CEO of Wavegarden.
Birmingham has a population of nearly eight million, and approximately 1.4 million school and university students. In this context, the new Wavegarden Cove is planned to be built with a 5.4 acre pool, sandy beach and a host of amenities including a surf academy, equipment rental service, surf shop, restaurants, etc. Work spaces, hot tubs, children's playgrounds, etc. The space expects to receive more than 200,000 visitors a year.
“This new surf park in Birmingham reflects our commitment to bring together sports and leisure, providing an innovative experience. This project will not only provide access to urban surfing to millions of people, but will also become an international benchmark in terms of facilities and offerings. Entertainment for visitors”, Managing Partner of Terras Capital Miguel de Lucas said.
Stoneweg's CEO Jaume Sabater added: “This project will bring Stoneweg's real estate expertise and commitment to social impact through an innovative development that will bring one of the world's most popular sports to the Kingdom's second largest metropolitan area. The Kingdom. Our presence in the United Kingdom, one of Europe's most important property markets We are delighted to have closed the first investment and it has seen a strong post-Covid recovery in demand for leisure activities.
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