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In the midst of a climate crisis, the Maldives is building a floating city for 20,000 people

Rising sea levels have led one company to prepare. The world is gearing up for the arrival of floating cities.According to the United Nations, South Korea will build its first floating city off Busan, the second-largest city in the country.

A community of 12,000 people will rent and buy homes in Oceanic City. Construction is expected to begin in 2023, with a potential population of 100,000.The construction of a second floating city has begun outside the capital.

It is designed in a pattern similar to brain coral, including 5,000 floating units that will include houses, restaurants, shops, and schools, with canals connecting them. A total of 20,000 people are expected to live in the city, and it is hurricane-proof, the same as Oceanic.

By 2027, all of the city's units will be finished and residents will begin to move in. The first units are scheduled to be unveiled this month, with residents moving into the city in early 2024.

Koen Olthuis, the founder of the architecture firm that designed the city, told The Post that floating homes will provide buildings and safety for overcrowded and flood-prone cities.

 'Floating developments will extend the boundaries of land use beyond waterfronts, changing our cities just as high-rise buildings did a century ago.'

Otis has dedicated his architecture firm to developing properties on the water.“Dutch Docklands Maldives is a joint venture of the Government and the private sector,” Olthuis said. 

“Even though this process took almost 10 years, it will open up similar opportunities in waterfront cities around the globe,”Rainbow-colored homes are among the features of Waterstudio's Maldives installation.

Residents will be able to get around by boat, or by walking, cycling, or driving electric scooters or buggies. Other transportation options include electric scooters and buggies.

‘It is not the technology that requires adjustment, it is the regulatory framework,’ Olthuis explained. Floating development is less expensive than building new waterfront infrastructure and properties, so when authorities understand that, this next shift in city development will take off.”

More than 200,000 people are living in an area of fewer than 2,000 acres in Malé, the capital of the Maldives.Olthuis said the average price of a studio is $150,000 and the average price of a family home is $250,000.

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