Utopia is a planned luxury residential cruise ship project Utopia Residences with construction to be completed by 2014. Completion of the ship is expected in late 2014 at a cost of US$1.1 billion. The binding letter of intent to build Utopia was announced at November 30, 2009. The Finnish engineering company Elomatic Marine

Elomatic

Elomatic is a consulting & engineering partner in developing and improving industrial investments within the bio and pharmaceutical, food, chemical, paper, mechanical and marine sectors. Elomatic is a globally operating company.- History :...

 is credited for the design concept of the vessel, with architectural design by Tillberg Design U.S.

Amenities

The 296 m (971.1 ft), , ship will have a 199 residences ranging in size from 130 square metre. Residents of the ship will be able to take all their personal belongings with them to their private homes onboard. The ship will also have 175-room luxury boutique hotel, casino, 16,000sq ft spa, night club, swimming pools, children's pool with water slide, rock climbing wall, outdoor movie theatre, Deck with private cabanas, putting greens and two golf simulators, concierge lounge, sports lounge, paddle tennis courts, 500 seat main lounge, 235 seat observation lounge, hall of angels, deli cafe and grocery store, demonstration kitchen, marina, three signature restaurants and a private residents club with two restaurants and a private pool.

She will have luxury residences with prices starting at US$3.9 million and rising to US$26 million.

Financing

The ship will be largely financed by the Frontier Group, a private equity firm based in St. Louis, Missouri

Missouri

Missouri is a US state located in the Midwestern United States, bordered by Iowa, Illinois, Kentucky, Tennessee, Arkansas, Oklahoma, Kansas and Nebraska. With a 2010 population of 5,988,927, Missouri is the 18th most populous state in the nation and the fifth most populous in the Midwest. It...

. Frontier will put up most of the funds to cover the US$1.1 billion in construction costs.