South Korea's Stunning $265 Billion Mega Metropolis Concept
Description:South Korea has plans to build a modern mega metropolis.
The projected cost of the new city will be a whopping 264 billion dollars.
The location of the development is off the coast of Seoul near the Incheon International Airport.
The designers of the plan called 8City say it will be a tourist destination that has it all, including fancy hotels, shopping, theme parks, and a Formula One racing track. (1:10)