The document summarizes plans for the LockSchuppenAg company to renovate a rail roundhouse in Dresden, Germany into a future lab and coworking space called NooPolis. Key aspects include investing 5-7 million euros in the project, creating an open organization with open venture capital and a peer academy. NooPolis will use virtual currency called KayGroschen and include a stock exchange, wiki-based constitution and governance, and serve as a testbed for new technologies and economic models. The goal is to build NooPolis and host a SingularSummitEurope conference in September/October 2009 to discuss issues around the future and technological singularity.