As for the "the deep" character from boys tv series coming up,
getting killed by a fish because he aparently caused the death of much marine life,
no.
my idea requires some kilometers as cross (+),
depending on the depth of the water chosen,
to support the 1 kilometer tower above the sea level,
supporting it from the below.
(that is the height in which a person can breathe without difficulty)
and that cross (+) will be used to build a city around it
with interlocking cubes that will not permit water in,
as many compartments will be made.
I will draw it later on. It follows the space escalator principles.
So it is not nearly as big as a space escalator.
None at all. 4/100 the size. 4% of its size maybe.
And it can also be used to preserve marine life, segments of the areas.