To find the area of the shaded region, we need to:

1. Calculate the area of the larger blue square.
2. Calculate the area of the smaller white square inside it.
3. Subtract the area of the smaller square from the area of the larger square.

Step 1: Area of the larger square

The side length of the larger square is 29.6 meters.

$\text{Area of the larger square} = (29.6)^2 = 876.16 \text{ square meters}$

Step 2: Area of the smaller square

The side length of the smaller square is 12.7 meters.

$\text{Area of the smaller square} = (12.7)^2 = 161.29 \text{ square meters}$

Step 3: Subtract the area of the smaller square from the larger square

$\text{Area of the shaded region} = 876.16 - 161.29 = 714.87 \text{ square meters}$

Thus, the area of the shaded region is 714.87 square meters.

Would you like more details or have any other questions?

Here are some related questions for further practice:

1. What is the perimeter of the larger square?
2. What is the perimeter of the smaller square?
3. If the larger square's side length were increased by 10%, what would be the new shaded area?
4. How would the area of the shaded region change if the side of the smaller square were halved?
5. What would be the area of the shaded region if both the smaller and larger squares were doubled in size?

Tip: Always remember to subtract the smaller area from the larger one when calculating areas for shaded regions like this!