The Undersea Luxury Hotel
Jones, who made his fortune in private submarines, is developing the Poseidon Undersea Resort, a luxury hotel in the Bahamas. What will make the Poseidon special is its peculiar location -- it will be submerged 50 feet underwater, with the most expensive rooms completely surrounded by ocean.
With rates priced at $1,500 a night, the Poseidon won't likely appeal to the Motel 6 crowd. Rooms will include hot tubs and lights for illuminating the surrounding sea.
Jones has so far put $40 million into the venture, and expects the Poseidon to open on schedule next year. Jones is at an advantage here because he has his own money to invest; similar undersea ventures over the decades have gone nowhere. A similar hotel, the Hydropolis, is being built off the cost of Dubai in the Persian Gulf, but it is reportedly stalled for lack of funds. However, if the Poseidon is a hit, expect resort builders to take notice very quickly... and consider taking the plunge themselves.
Sources: ABC News, Cool Hunting