The Hustle

One way for property developers to fight rising sea levels: Make sure it floats

Buoyant bovine farms and flotillas of hotels are part of a new trend in real estate -- the floating kind. The Wall Street Journal reports that a Finnish company reached a deal to build 16 hotels for the 2022 World...


February 18, 2020

floating hotel image

Photo: Courtesy of Taj Lake Palace, Udaipur

Buoyant bovine farms and flotillas of hotels are part of a new trend in real estate — the floating kind.

The Wall Street Journal reports that a Finnish company reached a deal to build 16 hotels for the 2022 World Cup soccer tournament, in Qatar. The floatels will rest in the Persian Gulf.

They may sound odd, but the projects aren’t lost at sea

In fact, they make sense for cities that are already vulnerable to rising waters. Take Rotterdam, in the Netherlands, where 25% of the country is already below sea level.

Oil rigs have already proven that it’s possible for humans to build huge structures that withstand the aquatic elements. 

The biggest question still bobbing on the surface appears to be regulation, and how local governments will shape the rules if their residents want to set sail for good.

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