Wanting to establish the first floating city with significant political autonomy by 2020, the Seasteading Institute is continually working towards their goal.
Currently they are focusing on – enhancing novel seastead designs, which includes wave tank testing and acquiring more detailed financial calculations; deepening our diplomatic negotiations with several potential host nations; collecting potential resident feedback; and prospecting investors.
We closed 2014 by taking a delegation of architects and engineers to an undisclosed location where we hope to locate the first floating city in the sea nearby. We believe there could be a market on our floating city for residences, tourism, aquaculture, a business park, a research institute, and a powerplant to sell energy and clean water back to the host nation. — Floating City Project
Image and article via Archinect