The Yacht Club is a location just to the south-west of the starting game zone, on the coastline, released in an update on 06.11.2013 It can be upgraded three levels, all granting a higher increase to the Population Cap.
As with all construction projects, there is a choice between waiting, and receiving gifts via neighbors, or buying any/all required assets with megabucks . A total of 66 assets are needed to complete construction of the Yacht Club to level three; this equates to 73 if you were to buy every asset.
During the Cyberville contest, the yatch which usually appears during various contests have been replaced by the Santa's Water Sleigh and for that a new Wharf appeared on the other side of the coast near the Gustave Flaubert Bridge approach from Megapolis Unity Station.