Federation Island
Federation Island is an artificial island archipelago that will be located off the coast of Sochi in the Black Sea. The archipelago complex was designed by Erick van Egeraat and will contain residences, hotels, cultural, leisure and recreational facilities and will be built in the shape of Russia. The $6.2 billion project was announced at the International Investment Forum 2007 and was approved by president Vladimir Putin. The project will be developed by M-Industries of St. Petersburg in co-operation with Dutch engineering companies Witteveen & Bos and Van Oord.