Party boats are common in Lake Michigan off the shores of Chicago’s more well to do neighborhoods. But local entrepreneur Beau D’Arcy wants to corner that market with Breakwater Chicago—a floating club and leisure destination anchored in the city’s downtown harbor year-round. The 33-year-old engineer told the Chicago Tribune he’s hoping to create the city’s “next Bean,” referencing Millennium Park’s Cloud Gate sculpture.

To launch the project, which will cost $23 million total, D’Arcy is seeking Kickstarter donations in the amount of $30,000—one dollar for every square foot of Breakwater Chicago’s proposed plan. He hopes to take the vessel on its maiden voyage, as it were, by July 4, 2015.

SPACE Architects + Planners designed the floating attraction, which would employ a large dome to shield the “tropical pool environment” during winter. Programming includes three restaurants, a bar/event space, a large swimming pool, a spa, and retail space. Breakwater would drop anchor about a mile off Navy Pier or a bit farther south in the Chicago Harbor during summer months, and be towed into shore during the winter. Private boat-owners could dock off Breakwater, while water taxis would ferry visitors without their own vessels, for a fee of about $20.

The team behind Breakwater said they’ll comply with all local, state, and federal laws regarding navigable vessels on Lake Michigan, but regulatory hurdles are no afterthought for the project.

“At the completion of Detailed Design, scheduled for this summer, our team should have construction drawings submitted to the U.S. Coast Guard for final review and to shipyards for final bids,” reads the project’s Kickstarter. “Once a shipyard is chosen, construction will begin so that the vessel can be delivered to Chicago late in the spring of 2015.”