TEXAS Metropolis, Texas–(Business enterprise WIRE)–The Lagoon Development Corporation, a Houston-primarily based firm, announced a funds increase Monday, May well 3, to fund infrastructure improvements for a summer time occasion at Lago Mar’s 12-acre Crystal Lagoons® amenity, elevating much more than double the funds investment decision obtained final yr.
Traders which includes DOSH Funds have committed $2.2 million for an expanded Lagoonfest Texas, opening Could 28 and continuing Tuesdays by way of Sundays by Sept. 6. Previous 12 months, the event was branded as Summer time Lagoonfest, with strategic investors giving $1 million for the party.
“We welcomed much more than 48,000 people to Summer months Lagoonfest 2020, and making on that momentum, we want to offer you an even greater knowledge to the 150,000 eventgoers predicted this 12 months,” claimed Uri Male, Chief Executive Officer of the Lagoon Improvement Company. “Because of that achievement and their return on