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Land is notoriously scarce in Monaco, which has a long history of building into the sea. Reclaimed land now accounts for more than a quarter of the principality’s territory. The most significant reclamation projects took place in the 1960s and 1970s, when the Larvotto and Fontvieille districts were expanded into the Mediterranean.

Earlier land reclamation efforts attracted the ire of environmentalists worried about the impact on Monaco’s marine life, which today includes 60 species of coral.

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Land reclamation in Monaco is now tightly regulated, and Mareterra’s developers said they took various steps to “minimize the impact on the natural ecosystem as much as possible.” The project’s website says planners consulted marine experts and created new habitats for fish, including artificial seagrass beds.

Developers also claim that 80% of heating and cooling in the district will run on renewable energy, including the power generated by more than 1.2 acres of solar panels.

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