The company hopes to use modular construction to build multiple units on the water. Derouin said Arkup has been in talks with private island owners about developing floating communities.
The company is also interested in creating more affordable models, such as a floating complex of student homes. Derouin said Arkup is looking into building a "ranch" of smaller yachts that are each around 1,600 square feet. By building smaller, he said, Arkup can reduce its price tag.