Monaco's Mediterranean Expansion Explained

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Published 2018-04-04
The small European nation of Monaco is facing a housing crisis. As a result, a $2BN, 15-acre expansion into the Mediterranean Sea is now underway. For more by The B1M subscribe now - ow.ly/GxW7y

Read the full story on this video, including images and useful links, here: www.theb1m.com/video/monacos-mediterranean-expansi…

Images courtesy of CREVISIO, Andreas Einaudi, Hampus Cullin, Valode + Pistre Architects, Google, Dan Cortese, Jan De Nul Group and Bouygues Construction.

This video was originally published on 04 April 2018 with an incorrect image credit at 0:01. The correct credit for this image is CREVISIO. This was amended on 04 September 2018. Learn more about CREVISIO here: crevisio.com/

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All Comments (21)
  • @WCGreeny
    "Starting at $100,000..." "Well that's not bad." "...per square metre." :/
  • @planningto
    This feels like the ultimate first world problem.
  • @Tobberz
    Haha, shame for those who thought they had a brilliant sea-front villa... who are now 100s of meters in land.
  • @Peizxcv
    The area is tiny. A few short buildings that will run out of space again soon
  • I go to school in Monaco and I've been watching the project progress. As of right now, the entire area has been filled and they are starting building soon :)
  • @oaka5639
    Ask France for some small chunk of land, they can probably make a good deal
  • 15 acres? They should have gone ahead and went much further out. Create a mini Venice with harbor, lagoons, and canals. They are always going to have problems with lack of land so they should capitalize while the money is good.
  • @PeetKozdon
    Hi Fred! Could you please make a follow up video for this project, or maybe even some other ones you made in the past on how the process and construction is going? It would be quite interesting. Maybe even a short 🤷‍♂️ Anyway love your videos, keep up the good work man! 👏
  • In the mid 1800's, Monaco lost 95% of its territory when the neighboring towns of Menton & Roquebrune declared their independence, partly to escape Monaco's taxes and bad economy. Within a short time the Casino was founded, taxes were abolished, and the economy really took off. I wonder if they have any regrets?!
  • @franwex
    Poor European multimillionaires, I hope they find a good home soon!
  • @paradox2253
    Great video! I love hearing about little micro states like Monaco, they’re really interesting. Love these videos- great job the B1M! 😁
  • @ChazSweatshirt
    From the thumbnail I thought this was a Cities Skylines build
  • @BagoPorkRinds
    They can always tunnel and carve right into the cliffsides above the city. Why isn't that considered as an option to add more housing units?
  • @MyTechFanatic
    Bookmarking this video for the inevitable ‘what’s going on behind Portier?’ questions during the Monaco GP weekend.
  • @lalitsharma2548
    man your videos are better than what we used to watch on TV in earlier days and hats off to your video clip selection.
  • @isunlloaoll
    Instead of these small piece meal expansions, Monaco needs a more long term plan.