Silicon Valley attracts the interest of technology firms across the world. A new mega project is being formulated near the Silicon Valley that might have relevance for the tech firms. The project called the Blueseed is visualized as a floating city close to Silicon Valley but located in international waters. The mini city project will provide living accommodations, working space and entertainment facilities for approximately 1,000 customers. According to current estimates the project could become viable if the customers staying on the Blueseed pay in the range of $1,000 to $3,000 per month.
The two men behind the ambitious project are Max Marty and Dario Mutabdzija. However the project is lead by venture capitalist and PayPal co-founder Peter Thiel. The details of the project are still being finalized. It will most probably be a cruise ship or a barge that will be converted into a sort of an island. The feasibility of both options are being analyzed. The other details like the likely location of the proposed vessel are more or less finalized. The vessel will be stationed 12 nautical miles from the coast of California.
It is the location of the project that has got the tech firms, particularly the non US startups interested. It is very close to the Silicon Valley. It will provide such entrepreneurs an opportunity to work close to the Silicon Valley even they don’t have the US work visa. When needed they can travel to the mainland through a tourist or a business visa. They can build up their organization while working on the Blueseed and aim to set up their headquarters in the Silicon Valley at a future date. The project of the unique floating island is expected to be launched in the third quarter of 2013. There will be no dearth of firms who would like to book a place on the vessel on the international waters.
Via: bgr
