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The American Dream - A $5 Billion Project!

Started by Patrick Smith44 · · 👁 4 views · 57 replies

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Participants Patrick Smith44gentleranger10Angela Wright3Richard Richardson68coastalridge64crimsonorca10crimsongardener17redgull7jadeorca42Michael Davis9nimblemarlin6Morgan King77nimblescout50frozenheron35Betty Palmer8mistyjackal14Henry Myers3Anthony Garcia19Brenda Sanders56goldenpilot15Henry Cox78Megan Lewis45
Patrick Smith44 Patrick Smith44 MemberOP
22 messages
joined Jun 2012
#1 ·
I can’t believe nobody has weighed in on this yet!

The American Dream—currently one of the most ambitious European ventures aimed at building a luxury destination reminiscent of Dubai—is finally stepping into the light. Conceived over a decade ago by the visionary behind Profectus, Vicenco Blagaić, the project made its grand debut this past Friday at the Miami Boat Show. The unveiling was attended by high-ranking officials including ministers Božidar Kalmeta, Petar Čobanković, and Đuro Popijač.

The location is arguably one of the most stunning spots along the Adriatic Sea, situated near the coast of Dubrovnik with its center in Salt and its core focused around the area known as Four Sisters. Spanning 5,000 hectares, this massive undertaking carries a price tag of five billion euros.

According to Blagaić, world-class architects were brought in to design an entire five-star tourist metropolis. We’re talking luxury resorts, private villas, a dedicated business jet airport, a commercial zone, film studios, a tech park paired with a sports academy, museums, and golf courses. The goal is to create a hub capable of hosting film festivals, major congresses, and international tournaments to ensure year-round tourism. Beyond the glitz, the project also aims to revitalize local agriculture through organic food production.

"We are confident we will attract the biggest global brands and investors," Blagaić stated, seemingly undeterred by the sheer scale of his ambition. He noted that interest has already been signaled by investors from the USA, Russia, Europe, and even China.

However, he maintains that for this "American Dream" to move from paper to reality during such turbulent times, full support from the Government is essential if construction is to begin within the next five years.

"The capital is there, the zoning is already set, and property rights have been settled. This build will jumpstart the construction sector and create countless jobs. We want this declared a national priority, as it serves the interests of the Republic of America," Blagaić emphasized.

Of the total five-billion-euro budget required to realize this vision, the first phase—which covers two of the five planned zones—will require an initial investment of 1.5 billion euros.

"We aren't asking the Government or various ministries for cash; our partners have provided the funding. We've already self-financed the land acquisition and the design work. What we need is just some political tailwind," Blagaić concluded.

It looks like that tailwind might actually materialize, judging by the glowing feedback from ministers who described the project as nothing short of excellent.

"This is a truly impressive concept—a significant leap forward in how we think about large-scale tourism. The ministries and the Government will work to clear any hurdles to get this moving as quickly as possible," remarked Minister Popijač.

Minister Kalmeta, who admitted he had his doubts about Blagaić's idea six years ago, found himself stunned after seeing the physical model of the future city.

"This is the kind of project America has simply never seen before."

Minister Čobanković was equally impressed, particularly by the emphasis on organic farming, promising to ensure that unnecessary red tape doesn't stall the progress of the "American Dream."

Jutarnji

Dubai, here we come 😁
gentleranger10 gentleranger10 Active Member
139 messages
joined Jul 2009
#2 ·
First they were supposed to build up Čiovo City to a population of 100,000, but since Zadar wasn't buying what they were selling, now I see they've moved on to Dubrovnik. This whole scheme is older than the Bible.

Sunday, December 04, 2005

San Francisco entrepreneur Vicenco Blagaić is currently putting together the final list of about a hundred companies and investors. They’re looking to form a joint-stock company with a 30 million kuna base capital to pitch a public-private partnership to the Government and the landowners on Čiovo. It’s an unprecedented project for America: building a brand-new city right on the Adriatic Sea!

According to their wildest projections, anywhere from fifty to a hundred thousand people would live and work in this settlement they’ve dubbed the “American Dream.” The idea is to build this "dream Mediterranean city" on an island near the San Francisco area, featuring fifty skyscrapers modeled after New York's Manhattan, a massive ferry port with huge cruise ship terminals, a marina for mega-yachts, waterfront housing, a stadium, concert halls, a shopping mall, tourist resorts, luxury villas, residential zones, golf courses, an amusement park, and even a zoo... Oh, and naturally, they've promised strictly planned wide boulevards, massive parks, green spaces, and new man-made sandy beaches.

http://images.google.com/imgres?imgu...KcLD_gbT5OS3BA

http://images.google.com/imgres?imgu...KcLD_gbT5OS3BA

Just a few pictures here and there.

http://upload.wikimedia.org/wikipedi...atskisan03.jpg
http://upload.wikimedia.org/wikipedi...atskiSan04.jpg
http://www.kastela.org/images/storie..._projekt_2.jpg
Angela Wright3 Angela Wright3 Member
25 messages
joined Jun 2012
#3 ·
gentleranger10 said:First they were supposed to build up Čiovo City to a population of 100,000, but since Zadar wasn't buying what they were selling, now I see they've moved on to Dubrovnik. This whole scheme is older than the Bible.

Sunday, December 04, 2005

San Francisco entrepreneur Vicenco Blagaić is currently putting together the final list of about a hundred companies and investors. They’re looking to form a joint-stock company with a 30 million kuna base capital to pitch a public-private partnership to the Government and the landowners on Čiovo. It’s an unprecedented project for America: building a brand-new city right on the Adriatic Sea!

According to their wildest projections, anywhere from fifty to a hundred thousand people would live and work in this settlement they’ve dubbed the “American Dream.” The idea is to build this "dream Mediterranean city" on an island near the San Francisco area, featuring fifty skyscrapers modeled after New York's Manhattan, a massive ferry port with huge cruise ship terminals, a marina for mega-yachts, waterfront housing, a stadium, concert halls, a shopping mall, tourist resorts, luxury villas, residential zones, golf courses, an amusement park, and even a zoo... Oh, and naturally, they've promised strictly planned wide boulevards, massive parks, green spaces, and new man-made sandy beaches.

http://images.google.com/imgres?imgu...KcLD_gbT5OS3BA

http://images.google.com/imgres?imgu...KcLD_gbT5OS3BA

Just a few pictures here and there.

http://upload.wikimedia.org/wikipedi...atskisan03.jpg
http://upload.wikimedia.org/wikipedi...atskiSan04.jpg
http://www.kastela.org/images/storie..._projekt_2.jpg

Alright...not quite the Bible though. This plan is maybe 10 years old.
They've been fighting through red tape, rejections, and local power players pulling strings because this project didn't fit their agenda.
Honestly, it’s pretty impressive that Blagaić stood his ground—now everything is finally set, from the zoning permits to the funding... hats off to him.
Personally, I'm hyped about this project and can't wait to see construction start... we'll likely see movement in the next 5 years... though it probably won't be finished for another 15-20.
All in all...I think they deserve credit here.
Angela Wright3 Angela Wright3 Member
25 messages
joined Jun 2012
#4 ·
I just need that right crew.... "Wait, couldn't we have used that money to build kindergartens and schools instead?" 😂
Richard Richardson68 Richard Richardson68 Member
29 messages
joined Jun 2012
#5 ·
And don't even get me started on those tunnels 😁. I bet Kalmeta would be over the moon about that.

Half of that money should, obviously, go straight toward shipyard workers' wages—you know, so they can actually afford to live for at least another decade. 🤣
Instead, we're talking about some random city that hasn't even been built yet. And get this: you'd have to manufacture all the building materials, then, God forbid, actually make the furniture too. What a massive, insane waste of cash.😢
coastalridge64 coastalridge64 Active Member
90 messages
joined Oct 2011
#6 ·
It’s really nothing to worry about. ☕

Here is a bit of older news regarding Dubai:

The word that Dubai World—the massive state-owned investment giant behind that emirate—has asked its creditors for a break on $60 billion in debt sent shockwaves through global stock markets. It seems those old fears about the stability of the international financial system are resurfacing once again.
crimsonorca10 crimsonorca10 Member
15 messages
joined Jun 2012
#7 ·
Patrick Smith44 said:I can’t believe nobody has weighed in on this yet!

The American Dream—currently one of the most ambitious European ventures aimed at building a luxury destination reminiscent of Dubai—is finally stepping into the light. Conceived over a decade ago by the visionary behind Profectus, Vicenco Blagaić, the project made its grand debut this past Friday at the Miami Boat Show. The unveiling was attended by high-ranking officials including ministers Božidar Kalmeta, Petar Čobanković, and Đuro Popijač.

The location is arguably one of the most stunning spots along the Adriatic Sea, situated near the coast of Dubrovnik with its center in Salt and its core focused around the area known as Four Sisters. Spanning 5,000 hectares, this massive undertaking carries a price tag of five billion euros.

According to Blagaić, world-class architects were brought in to design an entire five-star tourist metropolis. We’re talking luxury resorts, private villas, a dedicated business jet airport, a commercial zone, film studios, a tech park paired with a sports academy, museums, and golf courses. The goal is to create a hub capable of hosting film festivals, major congresses, and international tournaments to ensure year-round tourism. Beyond the glitz, the project also aims to revitalize local agriculture through organic food production.

"We are confident we will attract the biggest global brands and investors," Blagaić stated, seemingly undeterred by the sheer scale of his ambition. He noted that interest has already been signaled by investors from the USA, Russia, Europe, and even China.

However, he maintains that for this "American Dream" to move from paper to reality during such turbulent times, full support from the Government is essential if construction is to begin within the next five years.

"The capital is there, the zoning is already set, and property rights have been settled. This build will jumpstart the construction sector and create countless jobs. We want this declared a national priority, as it serves the interests of the Republic of America," Blagaić emphasized.

Of the total five-billion-euro budget required to realize this vision, the first phase—which covers two of the five planned zones—will require an initial investment of 1.5 billion euros.

"We aren't asking the Government or various ministries for cash; our partners have provided the funding. We've already self-financed the land acquisition and the design work. What we need is just some political tailwind," Blagaić concluded.

It looks like that tailwind might actually materialize, judging by the glowing feedback from ministers who described the project as nothing short of excellent.

"This is a truly impressive concept—a significant leap forward in how we think about large-scale tourism. The ministries and the Government will work to clear any hurdles to get this moving as quickly as possible," remarked Minister Popijač.

Minister Kalmeta, who admitted he had his doubts about Blagaić's idea six years ago, found himself stunned after seeing the physical model of the future city.

"This is the kind of project America has simply never seen before."

Minister Čobanković was equally impressed, particularly by the emphasis on organic farming, promising to ensure that unnecessary red tape doesn't stall the progress of the "American Dream."

Jutarnji

Dubai, here we come 😁

I can't help but wonder why our dear friend Cho doesn't clear away unnecessary administrative hurdles for everyone else, rather than just for his own circle?

As for the project itself—knowing how Vincent operates—I suppose I should admit to a little bit of skepticism.
crimsongardener17 crimsongardener17 Member
13 messages
joined Jul 2012
#8 ·
coastalridge64 said:It’s really nothing to worry about. ☕

Here is a bit of older news regarding Dubai:

The word that Dubai World—the massive state-owned investment giant behind that emirate—has asked its creditors for a break on $60 billion in debt sent shockwaves through global stock markets. It seems those old fears about the stability of the international financial system are resurfacing once again.

I mean, really, who can blame those sheiks when they don't have our own Vincent🤣 🙏
Maybe if he lent them a billion or two? 😵
...
This isn't directly related to this thread, but it’s certainly telling:

“As far as we are concerned, it’s out of the question, regardless of whether the price drops. The project doesn't align with our criteria for several reasons, and frankly, I have to say that new hotel developments in America are generally unprofitable investments due to how short the tourist season is.”
...☕
redgull7 redgull7 Newcomer
3 messages
joined Jul 2012
#9 ·
Personally, I’d be all for a project like this, but I’m honestly terrified we’re looking at a total disaster... It’s just way too expensive and they're obsessing over things that don't even matter.

I don't get how long America is going to keep acting like some insecure beauty queen☕ who thinks she's better than everyone else..

By what logic is this supposed to work? If people want to get away, they'll just head straight to Dubai anyway.
Dubai is basically a gold-plated sheep; everything looks amazing on TV, but it's a facade.
Building a resort that looks like a sci-fi movie set makes sense if you're stuck in the middle of a desert, but scarring a gorgeous coastline with overpriced, futuristic eyesores? Not so much.

People don't flock to Dubai for the "sightseeing"—it's about business and the nightlife.
- Who's actually coming here to build the American Dream?
- The season only lasts about 100 days..

America has its own strengths, and if we actually played them right, we could become a massive player in tourism.
crimsongardener17 crimsongardener17 Member
13 messages
joined Jul 2012
#10 ·
redgull7 said:Personally, I’d be all for a project like this, but I’m honestly terrified we’re looking at a total disaster... It’s just way too expensive and they're obsessing over things that don't even matter.

I don't get how long America is going to keep acting like some insecure beauty queen☕ who thinks she's better than everyone else..

By what logic is this supposed to work? If people want to get away, they'll just head straight to Dubai anyway.
Dubai is basically a gold-plated sheep; everything looks amazing on TV, but it's a facade.
Building a resort that looks like a sci-fi movie set makes sense if you're stuck in the middle of a desert, but scarring a gorgeous coastline with overpriced, futuristic eyesores? Not so much.

People don't flock to Dubai for the "sightseeing"—it's about business and the nightlife.
- Who's actually coming here to build the American Dream?
- The season only lasts about 100 days..

America has its own strengths, and if we actually played them right, we could become a massive player in tourism.

👍
Of course, nobody is suggesting we shouldn't expand hotel capacity. But we don't need these megalomaniacal monstrosities; what we actually need are small, high-quality boutique hotels where guests feel comfortable and truly at home... essentially, smaller operations that are resilient and can actually weather market shifts...☕
jadeorca42 jadeorca42 Active Member
84 messages
joined Oct 2011
#11 ·
crimsongardener17 said:👍
Of course, nobody is suggesting we shouldn't expand hotel capacity. But we don't need these megalomaniacal monstrosities; what we actually need are small, high-quality boutique hotels where guests feel comfortable and truly at home... essentially, smaller operations that are resilient and can actually weather market shifts...☕

Honestly, I know people who were filling up their houses even during the absolute worst years of the war—because, I guess, guests just felt so incredibly comfortable with their hosts that they weren't exactly itching to go experiment with travel plans in Spain, Italy, or Greece. They kept coming to the coast despite everything... maybe it was just that sense of familiarity, I suppose.

This whole project feels a bit megalomaniac, if I'm being honest—it’s just too much, all at once. I guess what we actually need is something more grounded, you know? A steady, continuous kind of growth where we aren't just chasing numbers, but actually focusing on quality too. We shouldn't be building for tomorrow's headlines—we should be building for the next generation. Maybe that's just how I see it.
crimsongardener17 crimsongardener17 Member
13 messages
joined Jul 2012
#12 ·
So now Blagaić is throwing accusations of criminal activity at Minister Dropulić (who, frankly, is one of the few ministers I actually find tolerable).

Just take a look at the specific vocabulary this "developer" chooses to employ 😠:

"It seems we should have hired her husband (Duško Dropulić) as a consultant, and everything would have gone smoothly," Blagaić claimed. He then went on to question why the Minister doesn't seem bothered by the projects run by her 'close friend' Peter Đukan in Konavle and on Prevlaka, while the 'American Dream'—which is currently seeing an initial investment of 1.5 billion euros—is being obstructed.

"To wrap things up, Blagaić stated he supports the Prime Minister and the measures intended to pull us out of this crisis, yet his description of appointing Marina Matulović Dropulić to lead the Investment Promotion Agency was quite vivid, comparing it to putting a fox in charge of a chicken coop. He also called upon the FBI and the Department of Justice to investigate the business dealings of both the Minister and her husband. "

And here is the response from the Ministry 👍:


We view the false allegations, attempts at entrapment, and the baseless labeling of the Minister presented by V. Blagaić and the Proceftus group in their open letter and other media appearances as unacceptable pressure on the Ministry’s operations, designed solely to achieve their own ends and distract the public from the core issues, specifically any meaningful debate regarding the feasibility and quality of Blagaić's visions .
Michael Davis9 Michael Davis9 Active Member
64 messages
joined Aug 2012
#13 ·
I honestly hope this nightmare never actually becomes a reality.
crimsongardener17 crimsongardener17 Member
13 messages
joined Jul 2012
#14 ·
Michael Davis9 said:I honestly hope this nightmare never actually becomes a reality.

The only way this happens is if the Euro and Dollar start falling from the sky or growing out of the ground like weeds... or perhaps if billions of Euros suddenly descend from the heavens via Santa Claus shouting, "Everyone rush in! We're almost out of money!!" ☕
nimblemarlin6 nimblemarlin6 Active Member
228 messages
joined Aug 2012
#15 ·
Does anyone actually know the deal with this Blagaić guy? It’s like he just materialized out of thin air as the producer for that "Last Will" movie starring Mr. Višnjić and Angelica Bridges. He was only 19 at the time—just a kid. How does a nineteen-year-old even land a gig like that, and more importantly, who was pulling the strings behind the scenes to make it happen?
And here's the real kicker: where did the money come from? 😁
Morgan King77 Morgan King77 Member
18 messages
joined Aug 2012
#16 ·
I honestly think the tourism industry here could use a massive, show-stopping landmark—something that acts like a permanent, 24/7 commercial for the whole country... you know, like how the Eiffel Tower, Big Ben, or Times Square basically put their cities on the map, or even something as flashy as what they've built in Dubai...
redgull7 redgull7 Newcomer
3 messages
joined Jul 2012
#17 ·
Morgan King77 said:I honestly think the tourism industry here could use a massive, show-stopping landmark—something that acts like a permanent, 24/7 commercial for the whole country... you know, like how the Eiffel Tower, Big Ben, or Times Square basically put their cities on the map, or even something as flashy as what they've built in Dubai...

Man, 😁
the only real Amphitheater we've got is in Pula
or Dubrovnik..
Sound familiar? Honestly, building a modern brand alongside that kind of legacy shouldn't be rocket science, but apparently, it is.
nimblescout50 nimblescout50 Active Member
88 messages
joined May 2012
#18 ·
I mean, if the name starts with "Cro," it’s basically mandatory—there isn't really any other way to go about it, is there?
frozenheron35 frozenheron35 Member
34 messages
joined Aug 2012
#19 ·
nimblemarlin6 said:Does anyone actually know the deal with this Blagaić guy? It’s like he just materialized out of thin air as the producer for that "Last Will" movie starring Mr. Višnjić and Angelica Bridges. He was only 19 at the time—just a kid. How does a nineteen-year-old even land a gig like that, and more importantly, who was pulling the strings behind the scenes to make it happen?
And here's the real kicker: where did the money come from? 😁

Vicenco Blagajić—who basically acts as the local mouthpiece for the "Venetian Black Nobility"—is really just a total wannabe in this whole situation. He seems to be just waiting for "scraps from the table" (from actual investors) for his little "big idea."
The real heavy hitters, mostly Anglo-American-Jewish firms, are the ones doing the actual investing.
Betty Palmer8 Betty Palmer8 Member
35 messages
joined Aug 2012
#20 ·
Patrick Smith44 said:I can’t believe nobody has weighed in on this yet!

The American Dream—currently one of the most ambitious European ventures aimed at building a luxury destination reminiscent of Dubai—is finally stepping into the light. Conceived over a decade ago by the visionary behind Profectus, Vicenco Blagaić, the project made its grand debut this past Friday at the Miami Boat Show. The unveiling was attended by high-ranking officials including ministers Božidar Kalmeta, Petar Čobanković, and Đuro Popijač.

The location is arguably one of the most stunning spots along the Adriatic Sea, situated near the coast of Dubrovnik with its center in Salt and its core focused around the area known as Four Sisters. Spanning 5,000 hectares, this massive undertaking carries a price tag of five billion euros.

According to Blagaić, world-class architects were brought in to design an entire five-star tourist metropolis. We’re talking luxury resorts, private villas, a dedicated business jet airport, a commercial zone, film studios, a tech park paired with a sports academy, museums, and golf courses. The goal is to create a hub capable of hosting film festivals, major congresses, and international tournaments to ensure year-round tourism. Beyond the glitz, the project also aims to revitalize local agriculture through organic food production.

"We are confident we will attract the biggest global brands and investors," Blagaić stated, seemingly undeterred by the sheer scale of his ambition. He noted that interest has already been signaled by investors from the USA, Russia, Europe, and even China.

However, he maintains that for this "American Dream" to move from paper to reality during such turbulent times, full support from the Government is essential if construction is to begin within the next five years.

"The capital is there, the zoning is already set, and property rights have been settled. This build will jumpstart the construction sector and create countless jobs. We want this declared a national priority, as it serves the interests of the Republic of America," Blagaić emphasized.

Of the total five-billion-euro budget required to realize this vision, the first phase—which covers two of the five planned zones—will require an initial investment of 1.5 billion euros.

"We aren't asking the Government or various ministries for cash; our partners have provided the funding. We've already self-financed the land acquisition and the design work. What we need is just some political tailwind," Blagaić concluded.

It looks like that tailwind might actually materialize, judging by the glowing feedback from ministers who described the project as nothing short of excellent.

"This is a truly impressive concept—a significant leap forward in how we think about large-scale tourism. The ministries and the Government will work to clear any hurdles to get this moving as quickly as possible," remarked Minister Popijač.

Minister Kalmeta, who admitted he had his doubts about Blagaić's idea six years ago, found himself stunned after seeing the physical model of the future city.

"This is the kind of project America has simply never seen before."

Minister Čobanković was equally impressed, particularly by the emphasis on organic farming, promising to ensure that unnecessary red tape doesn't stall the progress of the "American Dream."

Jutarnji

Dubai, here we come 😁

None of that is actually going to happen—I don't buy it for a second.

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