COLON – The unveiling of a futuristic luxury model home on Panama's Caribbean coast tanked Thursday when the SeaPod Eco prototype perched above the water on a column slumped onto an adjacent dock.
Developer Ocean Builders said in a statement that the sleek white home began to "destabilize" at the end of the launch event. It said no one was injured and the cause was being investigated.
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The home that is reminiscent of a space ship sits well above the water and features expansive views from a row of windows. The developers had planned to begin offering the homes for sale next year, touting them as friendly to the environment and the economy.