The buzz around Poseidon Undersea Resorts has been around for a few years now (c.f. our 2007 report on the conceptually-similar Hydropolis in Dubai). Poseidon Resorts has announced that it has completed the design and engineering of structural works, indicating that the sci fi-esque undersea project is closer to getting off the ground, or better, into a lagoon on a private island in Fiji. The company is now working to secure capital for construction, which should take two years to complete, it says.
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