Developers are working on multistory office, hotel and apartment buildings that could extend congested cities into the ocean
A real-estate investor is building 16 hotels for the 2022 soccer World Cup in Qatar, but they won’t be there for long. All of them will be floating on water.
Admares, the Finnish company behind the project, reached a deal last month to build the temporary lodging. Chief Executive Mikael Hedberg got the idea for Admares, which specializes in floating buildings and modular construction, during his time in the shipbuilding industry and running a company to build floating housing for oil workers.
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