SlashDot - "The North Pacific Gyre (Ocean trash dump) is twice the size of Texas, or the size of Spain combined with France. The Pacific Vortex as it is sometimes called, is made up of four million tons of Plastic. Now there's a proposal to turn this dump into 'Recycled Island'. The Netherlands Architecture Fund has provided the grant money for the project, and the WHIM architecture firm is conducting the research and design of Recycled Island. One of the three major aims of the project is to clean up the floating trash by recycling it on site. Two, the project would create new land for sustainable habitation complete with its own food sources and energy sources. Lastly, Recycled Island is to be a sea worthy island. While at the moment the project is still more or less a pipe dream, it's great that someone is trying to work out what to do with one of humanity's most bizarre environmental slip ups."
Also See Recycled Island will be created from plastic waste in the Pacific Ocean