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Former wave park development purchased by new owner

Stoneweg InfraSport, the recently launched partnership between Stoneweg and Teras Capital, has acquired the former Emerge Surf development site in Coleshill, Birmingham, from IM Properties, where it intends to deliver the UK’s largest wave park.

The development, which benefits from excellent road and rail links, will be centred around a best-in-class, 5.4-acre man-made WaveGarden Cove surfing lagoon, able to generate 1,000 waves per hour, up to two meters high, with adjustable size and shape.

Miguel de Lucas, Managing Partner at Teras Capital, said: "We are excited to be leading this project, the second Stoneweg InfraSport investment. 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." 

Visitors will also have access to a surf academy, equipment rental and surf store, restaurant areas with coworking spaces and additional recreational activities including hot tubs, a playground and pump track.  

Former Emerge Surf founder Steve Price will stay on as General Manager of the wave park, which is due to complete in Q4 2025 and is expected to welcome up to 200,000 visitors per year. The c. £50m commitment represents Stoneweg’s first investment in the UK.  

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