Hypotopia: an imaginary city that could be built with the ransom money from a bank

All over the world, national and local Governments have spent billions to rescue banks, real and not a country with Austria escaped the trend: the Austrian Government will have spent €19 billion to rescue the Bank Hypo Alpe Adria.

Several local activists tried to draw the attention of the ordinary citizen to the huge amount of money used to save the Bank and launched the Hypotopia project â€" the word Hypo comes from the Bank; TOPIA of utopia.

Headquartered in Vienna, these activists tried to figure out how this money could be used for other purposes â€" to build a city, for example. Thus, for four months, students from the Technical University of Vienna were invited to draw and create a model city in one of the Austrian capital's main squares, Karlsplatz, and so can the recognition of citizens

Called precisely Hypotopia, this model city could host 102,574 inhabitants and thus be the sixth largest Austrian city. "Hypotopia is more than an architectural design, is a protest," said Lukas Zeilbauer, engineering student.

According to The Guardian, the project was built from cinder blocks and wood and did not receive any type of public or private funding â€" why?

With a budget of €19 billion, the team of students might think big. They designed meticulously a city with industrial standards, dozens of businesses, buildings, power plants and even a transport network valued at €2,15 billion.

"We calculated the actual cost of everything. All cinder blocks and wood which you can see in the template is a building. We know how many people live where walk, the purpose of each building and how much would it cost to build per square foot, "explained Zeilbauer.

The only point on which Hypotopia isn't real is in omission of banks in its Constitution. The project was on display during the month of October, having been removed from the square with a protest March. Now, he will be one of the stars of the Vienna Art Biennale festival, in 2015, and ensure that students won't let him fall so soon.

"Our platforms are still accessible online. The fact that our showroom and physical model no longer available doesn't mean that our idea has died, "explained urban planner Manuel Oberaufner.

And in Portugal, how many cities would build with the débacle of our banking system?

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