Real estate investment giant takes over Birmingham wave pool project

Emerge Surf, the proposed wave pool project in Coleshill, Birmingham, England, has been taken over by Stoneweg InfraSport. The £50 million deal represents the company’s first investment in the UK. Stoneweg Infra Sport is a new offshoot of Switzerland’s Stoneweg, a real estate investment company, and Teras Capital, an investment firm focusing on telecommunications and sports. 

“We are excited to be leading this project, the second Stoneweg InfraSport investment,” said Miguel de Lucas, Managing Partner at Teras Capital. “This new wave park in Birmingham represents our commitment to fuse sport and leisure, offering an innovative experience in what is the second largest metropolitan area in the UK. This project will not only provide access to urban surfing for millions of people, but will also become an international benchmark in terms of the facilities and entertainment offering for visitors.”

Steve Price, the original founder of Emerge Surf, will continue his involvement as the General Manager of the wave park. The facility is scheduled for completion in the fourth quarter of 2025 and anticipates hosting up to 200,000 visitors annually.

The 15-acre site, approximately seven miles east of Birmingham’s city center in Coleshill, plans to include a 5.4-acre surf lagoon powered by Wavegarden’s Cove technology, an outdoor heated swimming pool, a perimeter track for Onewheel self-balancing electric skateboards, and a 1,600 sq meter hub building. The park will house the usual facilities: a surf school, surf shop, café and restaurant, fitness studio, as well as a physio and massage room. 

Steve Price of Emerge Surf
Emerge Surf is the brainchild of Steve Price who will remain on board to guide the project.

Emerge Surf has been quiet leading up to the announcement, with the company’s last social media post being six months ago. At that time, they announced that the new access road to the wave park site had been completed and that the main site was completely ‘shovel ready.’ 

In the beginning stages, the company signed on South African big wave legend Grant ‘Twiggy’ Baker as well as British pros Peony Knight and Luke Dillon. Their roles are speculated to be similar to what Occy and Ben Player do with Surf Lakes in Yeppoon – surfing, sessioning, and talking to media.

The Birmingham project follows Stoneweg InfraSport’s initiation of Europe’s largest wave park in Madrid, a collaborative effort with Atlético de Madrid. This Madrid facility is strategically placed near Atlético’s Metropolitano stadium, within a forthcoming sports city. Spanning four hectares, it will boast Europe’s biggest urban beach, aligning with Atlético de Madrid’s ambition to transform the vicinity into a premier lifestyle hub. 

Targeting urban areas in Europe that lack easy access to quality, consistent surf—such as Spain, Germany, Portugal, Italy, and the UK—Stoneweg InfraSport leverages its substantial real estate acumen to forge landmark leisure destinations that uplift both individuals and communities. The company is now exploring the feasibility of establishing its third wave park in Malaga, on the Costa del Sol, continuing its mission to enrich urban locales through distinctive leisure projects.

Endless Surf 2023A