Climate-Changed
Hurricane-Proof Homes Are Real. Why Isn’t Anyone Buying Them?
New structures can deflect wind, resist fire and float on demand. Yet despite increased risks from climate change, those innovations have been slow to spread.
At developer Eric Soulavy's condominium project in Key Largo, Florida, prices start at $5 million.
Photographer: Alicia Vera/Bloomberg
In a private waterfront resort on the northern tip of Key Largo, nestled between tropical forest and the Caribbean, Eric Soulavy is marketing luxury for the age of climate change: Coastal homes that are all but hurricane proof.
The Florida-based developer is finishing a three-story condominium project with overlapping defenses, a hydrological Fort Knox where prices start at $5 million for a four-bedroom apartment.