The plans to build the Titanic II are finally underway. After years of delays, Australian Businessman Clive Palmer's dreams of constructing a replica of the 1912 Titanic are coming to fruition. The ship will take the same route as originally planned, from South Hampton, England to New York. It will also have lifeboats for each passenger in case the Titanic II has a similar fate. Overall costs of construction are estimated at $500 million with some passengers offering to buy early tickets north of $1 million. That's a pretty penny to pay for the trip of a lifetime.