Foster turns his hand to timeshare luxury yacht
Thursday 30 April 2009
He is the visionary behind some of the world's most avant-garde buildings, including the Swiss Re "Gherkin" in the City of London and New York's Hearst Tower. Now, Sir Norman Foster has turned to boat design, creating four 134ft luxury yachts to tempt the super-rich.
The British architect was commissioned to design a quartet of unique vessels by the company YachtPlus, which will charge an eye-watering €1.9m (£1.7m) for one-eighth of a share in a boat. In return, each owner is entitled to 30 nights on board per year.
The scheme is billed as a way for millionaires to maintain an aura of wealth even while they are feeling the pinch.
"Good design is about a commitment to finding the right solution – no matter whether we are designing a building, a new city or a kitchen," Lord Foster said yesterday. "Part of the special appeal was to combine the emphasis on the views and the light with an architecture of movement – to integrate the lifestyle element with the hydraulics and the mechanics of boat design."
Last weekend, the company launched the first yacht, Ocean Emerald in the Italian port of La Spezia. Each yacht costs €16m (£14.4m) and will be entered into the "fractional ownership" scheme rather than being sold outright.
Owners will have to fork out an additional €200,000 (£180,000) to pay for the vessel's maintenance, seven crew members, mooring charges and "lifestyle management service". After the eight-year contract expires, the boats will be sold, with the owners receiving the proceeds on a pro-rata basis.
The price sounds prohibitive, but Norman Foster's design is sure to have architects across the globe salivating. Each yacht has four decks with 5,285 square feet of internal and external living space. The five suites, capable of billeting up to 12 guests, have luxury Italian furnishings.
Watch the new House of Cards series three trailerTV
Oscars 2015It was the first time Barney has compered the Academy Awards
Oscars 2015 From Meryl Streep whooping Patricia Arquette's equality speech to Chris Pine in tears
Oscars 2015 Mexican filmmaker uses speech to urge 'respect' for immigrants
TV ReviewThe intrigue deepens as we delve further but don't expect any answers just yet
Razzies 2015 Golden Raspberry Awards 'honours' Cameron Diaz and Kirk Cameron
Arts & Ents blogs
- 1 What happens to your body when you give up sugar?
- 2 This is what the photographer has to say about the picture of a weasel riding a woodpecker
- 3 Delhi bus rapist blames dead victim for attack because 'girls are responsible for rape'
- 4 Have sex with your iPad thanks to the new sex toy no-one asked for
- 5 Average penis size revealed: Scientists attempt to find what is 'normal' to reassure concerned men
Poldark star Heida Reed says show is not that racy: 'I don't think a single bodice gets ripped'
Glastonbury 2015: Coldplay will not headline but Florence Welch might play, says Emily Eavis
Kanye West drops 'All Day', music video to come from Steve McQueen
Game of Thrones season 5 spoilers: What we can expect according to George RR Martin's books
Fifty Shades of Grey movie shows first sex scene 'after 40 minutes'
New theory could prove how life began and disprove God
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
This is what it's like to be dead, according to a guy who died for a bit
Durham Free School: 'Creationism taught at' free school facing closure
Ukip would cut billions from Scottish budget to fund English tax cuts
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut