Outline project tropical floating island


#1

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outline project tropical floating island


In general the final word about the charakteristics of floating tropical island has the investor - his vision is what counts. As developer i only kind of line out the range of possibilities where i would be inclined to “come on board of the project” because i would consider it a interesting project worth to be part of it…


The whole base idea of making something floating depends on a clear understanding that the main business case for floating ventures of this kind is “creating something new on a blank sheet”. In real estate development the building lot normally limits the things you can do very much, so does the development vision and city councel planning for the building lot which limits the kind of permit you can aspire to.


The possibility and potential that arises frome the chance to create a building lot out of nothing according to your ideas can only be fully envisioned by understanding the drivers behind the singapore sandbank building business. That creates this paradigma change of “liquid real estate” created from sand. Floating real estate is the next logical development “the next big business to come up”. This goes far beyond yachts, boating and marinas.


A building lot on the water on contrary has the potential to be literally ANYTHING the investor wants it to be, (and is willing to take the finance risk for).


To suggest just a few (list is far from complete):

  • floating golf course
  • floating condo development
  • floating spa
  • floating casino
  • floating hotel
  • floating event platform
  • floating day stay offer
  • floating disco
  • floating club
  • floating marina
  • floating helmet dive base
  • floating waterpark
  • floating disney land
  • floating aquarium
  • floating artificial reef snorkel area
  • floating real estate business cranking out housing and floating units
  • yacht marina floating drydock service station
  • building floating real estate square meters on a floating production line
  • cluster assembly of all the above

Investor proposal list details…


The closest working models that come to mind are the Quicksilver and Fury ventures which are rooted in day stay tourism.


The most reasonable thing, with the highest possibility to get an investor to the project is always something that is very close to a business model that exists already - but offeres a “additional twist” that brings a clear advantage without increasing the general business risk…


Here is where location comes in and makes a difference:

For a location Cartagena a simple repetition of Quicksilver with a little twist of building it on a honeycomb structure is a great business plan as you would compete with nothing that exists already.

For Florida you would come in direct competition with Fury which is an established venture that possibly will present a fight for the market share. So you would be better advised to target a niche that Fury is not covering.





@ellmer

I do agree with your assessments and I think we have similar views in terms of what can be developed. I am trying to be a bit more “specific” with what to present investors with, even though, I have to admit that my vision is a bit “out there”,…

It’s basically saying:

“Why bring the seastead to a coral reef? That has been done already (Quicksilver, Fury, etc). Lets bring the coral reef to the seastead! That hasn’t been done yet”

Lets WOW by such concept and start building a unique touristic experience around it. It can be replicated in any tropical waters with no real coral reef needed,…we’ll build one :slight_smile:

I have to send you a picture of the design to clarify what I’m envisioning. How the heck can I attach one? I have no clue,…


@OCEANOPOLIS

…tourist experience core of the venture…

When you design for a floating tourism venture the beating heart of the venture is the experience the tourist is willing to pay for. What you need to offer depends on what other offers you are competing with. In your area Fury seems to offer a normal day aquatic day tourim offer with snorkeling and glass bottom boat for the masses. So doing something exquisite with people sitting in smoking around a lighted moonpool having visual contact to a living reef is obviously an option. Hundred dollar per head and day seems a achievable thing. Picture such a venture.



@ocean
In the first phase you are looking for a business that can easyly be done on a small structure, here are some ideas for the smallest thinkable starting point a small shell, barbecue island, bait barge, – the size of the starting point does not really matter, its business dynamics does…

@ellmer

While I agree that in theory “the size of the starting point does not really matter, its business dynamics does”, for the purpose of keeping up with the goals outlined here of developing a vision and a business plan that is “investment grade”, I would suggest that anything smaller than the above picture should be excluded. I mean,…personally I won’t need investors to develop a bait barge or a “burgerstead” 40′ x 20′ :slight_smile:

Therefore, I would say that we should further refine our vision so we can come up with a more detailed business plan that has precise parameters:

  1. What kind of business.
  2. Size of the start up.
  3. Construction Design.
  4. Estimated Price.
  5. Proposed Location.

  1. What kind of business.


This can not really be decided on a business developer proposal level.The party that has most influence in this is the investor. Basicly a short answer to this question is " all 20 options above and any additional the investor prefers to bet his money at".


The correct approach here is to get the investor to the location show him around in a “fact finding mission” where he gets a clear picture about who is operating in the marine business field in this bay at the moment, what kind of fees they charge for which service, so what kind of ROI (return on investment) comes out in what business focus…

After crunching those numbers carefully with his accountant he will come up with a sum of investment to give it a first try - the sum will not be big - but allow you to show that you can convert money into business.


Investors allways come with a “prefered business field” one will say “i own waterparks around the world and i give you this sum to develop a floating waterpark” - this decides on the business model. Another will say i understand yachts and marina business i will fund a floating marina - nothing else.


So the base idea behind the question (that you have to propose a detailed business model) is not really correct - the investor tells you what he is interested in and in what direction he wants the venture to develop.
Business models are developed along the budgetary boundaries not written up for file letting your phantasy fly free.


  1. Size of the start up


The size of the startup is obviously limited by the amount of “upfront money” you can either get from an investor or serve up from your own pocket. This dynamics makes a “minimum size startup” that can grow to important size later, in a ongoing process, a desirable design feature. A triangular concept that starts with a “barbecue island sized point” and then keeps growing in the stern area to “marina size” is certainly the most feasible development. The details are fleshed out as the "Ramform" development principle. From a practical point of view a triangle shaped piece of some 20m x 10m (100 squaremeter) is a good size. You can build a house on it, in its stern area several boats can be parked. Depending on the building method the budget required for building it is around USD 2.000 - 80.000 the lower figure corresponding to “poor mans float technology”, the higher to heavy classic concrete building. (see more on methods)


This house sized structure opens the possibility of serious investor talk and moves the whole venture on the water. All tools sheds and material store needed for further building activities can be stored on the platform itself.



3 Construction Design:

Along the lines of oceanic concrete honeycomb shell building with building methods developed in the pilot projects we have done so far. Those methods allow any shape, any size, any design feature, and are suitable for building sites on the watersurface without the need of a land based building lot.


floating honeycomb shell


  1. Estimated Price.



Depending on the building method (heavy, medium, light) the general price range we tested out in pilot projects is between 20 USD and 800 USD per real estate square meter created. The low figue corresponds to a build in "poor mans island floating technology - the high figure for heavy traditional cast methods. These cost figures are project cost figures calculated as total project cost divided by real estate square meter cranked out by the project those prices are based on pilot projects done in the bay of Cartagena - so can not be transfered to any other location where the project parameters are different. More on pricepoints in the building methods section.


To compare this production price with the sales price let me point you to the lot our submarine hull was built at. It is industrial ocean front real estate and is offered to the market at a price of 41mil pesos per square meter. (17.000 USD/squaremeter) - this means building floating real estate you can create a business that builds a floating squaremeter per day (2 man can do that) what earns you 16.000 USD per day. - This indicates that “cranking out floating real estate” might be the most lucrative of all business options a floating island can engage in.


Potential Return on Investment

Invest USD 1 create USD 102 worth on floating assets.
Investor short conversation



more suggested:

floating island paradise cruiseship destination



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