Archipelago, a new surf park development platform, has launched with construction already begun on its first project. According to co-founder Eneko Elosegui, construction started in December 2025, and the first development is scheduled to open in mid-2027. The location has not been disclosed.
The company said it will originate, finance and develop surf park anchored destinations, acting as developer, co-investor and long-term operator alongside local partners.
In addition to the first project, Archipelago said four other developments are in advanced stages across strategic markets in Europe and Asia. The company pointed out that the goal is to build a multi-location platform.
Archipelago said sustainability will inform project design and that its developments will integrate surf, real estate, leisure and wellbeing components. It also said multiple secured locations are in pre-development stages across global markets.
“Since 2018, I’ve been immersed in the surf park industry,” said partner Eneko Elosegui. “Learning what works. Seeing what fails. Understanding what it truly takes to finance, develop, and operate these projects properly. In December 2025, construction officially began on our first project.”
Elosegui said that Archipelago is a platform dedicated to financing, developing, and operating surf park destinations, combining wave pools, thoughtful hospitality, and long-term sustainable development.
The location of the project scheduled to open in 2027 remains confidential as development milestones are being completed.
“For now, the exact location remains confidential as we progress through key development milestones, more details will follow in due time,” said Elosegui. “Importantly, this is only the beginning. Beyond this first project, we have four additional developments in advanced stages across key strategic A-markets, in Europe and Asia — forming the foundation of a long-term, multi-location platform.”
He added that in the coming weeks, he will introduce the partners and advisors behind Archipelago, all of whom he says are “individuals who bring deep expertise across surf culture, finance, real estate, and operations.”
For more about Eneko Elosegui, please read the below interview and check out the WavePoolMag podcast about the launch.
