Maharishi Heaven on Earth Development
Maharishi Heaven on Earth Development Corp. (MHOED) is a for-profit real estate developer associated with Maharishi Mahesh Yogi and his Transcendental Meditation movement. First founded in Malibu California in 1988, it has sought to build utopian projects in the U.S., Canada, and Africa with a long-term goal to "reconstruct the entire world", at an estimated cost of $100 trillion.
The US arm planned to work with developers to build 50 "Maharishi Cities of Immortals" in the US and Canada. The Canadian arm bought and renovated the Fleck/Paterson House in Ottawa in 2002, earning the "adaptive use award of excellence" from the City. A subsidiary purchased land to build Maharishi Veda Land theme parks in Orlando, Florida and Niagara Falls, Ontario. The Dutch arm negotiated with the presidents of Zambia and Mozambique to acquire a quarter of the land in those countries in exchange for solving their problems.
Maharishi Heaven on Earth Development Corp. was founded in Malibu, California in 1988 by its first president, money manager Monty Guild. It was initially financed by Guild, who donated his shares to Maharishi University of Management.
MHOED announced in 1988 that it planned to build 50 low-density "Maharishi Cities of Immortals" across the U.S. and Canada. Each City of Immortals development would include a pond or lake, a Maharishi elementary school, a for-profit Maharishi Ayurvedic health clinic, a festival hall, and an organic vegetable garden. The walled and gated developments would include from 100 to 200 homes. The lots would be 1-acre (4,000 m2) or larger and an equal amount of space would be devoted to common areas, like parks, lakes, and gardens. Internal combustion vehicles would be parked at the perimeter and only electric carts or bicycles would be used inside the development. The individual homes would be built using Maharishi Sthapatya Veda (MSV) specifications with non-toxic materials and natural ventilation.
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