The all residence ship, Utopia, may be taking a step closer to reality with a rumored contract in the works. The vessel, which would sail for Utopia Residences, would be built by Samsung Heavy Industries in South Korea. This would be Korea’s first foray into the large passenger ship industry. It should be noted that Korea is no stranger to building insanely massive vessels.

The current talks call for a vessel of 105,000grt, at $1.1 billion with an entry into service of 2014. Utopia will house 200 private residences and a boutique hotel with 200 rooms.

Utopia Residences