The Republic of Maldives has partnered with developer Dutch Docklands and architecture firm Waterstudio to build a floating city of 20,000 residents. But unlike luxury chalets for wealthy tourists, this project will be a practical solution in case of rising ocean levels. The Maldives is an archipelago of many atolls, 80% of which are less than one meter above sea level. In the worst scenario for the development of climatic events, the entire state may be under water by 2100.
The new floating city will be a 10-minute boat ride from the country's capital, Male. It will have 5,000 houseboats, cafes, schools and shops. They plan to erect them at the shipyard, and then tow them to the place. Blocks will be secured to prevent drift.
The nearby coral reefs will take on the role of a natural breakwater, minimizing the feeling of rocking. Most of the electricity will come from solar panels. Waste water is planned to be treated and used as fertilizer for plants. Instead of traditional air conditioning, houses and buildings will be cooled with water from the depths of the Indian Ocean.
Prices in such a city vary: a studio is about $150,000, and a family cottage is about $250,000. The city is expected to receive its first residents in early 2024, and the entire project will be completed by 2027.