Gemswell, the international surf park platform

Gemswell is the operator of urban surf parks owned by Stoneweg InfraSports, the joint venture between Stoneweg and Teras Capital. Its first asset is being built today in Madrid.

Stoneweg InfraSports

Stoneweg InfraSports is the joint venture between Stoneweg and Teras Capital. Its mandate is to invest, develop and manage sports infrastructure, with a specific focus on surf parks in international urban locations.

The combination is deliberate: institutional capital and investment discipline on the one hand; origination, structuring, and on-the-ground execution capacity on the other. Gemswell is the operating company within that platform, and the vehicle through which the strategy materializes.

Projects in progress

Madrid — Gemswell Surf Madrid. The platform’s first asset. 23,000 m² lagoon, the largest in Europe, at Atlético de Madrid’s Ciudad del Deporte. Investment of more than €60 million. Expected to open in 2027.

Birmingham — United Kingdom. Second development of the platform, at Coleshill, which will be the largest surf park in the United Kingdom. Investment of £50 million in a 5.4-acre Wavegarden Cove lagoon, capable of generating up to 1,000 waves per hour of up to two meters.