Now, if you wanted a rope of length 1+i, that would be a different problem.
Edit to add: whether two objects can be exactly Pi meters apart is a different question, one with no known answer - is space infinitely subdivisible, or is there actually a minimum possible length? We certainly can't measure that distance, but whether it exists or not may be a different question (some physicists will claim that if it can't be measured it doesn't exist in principle anyway, others are more open to this idea).
In current QM space itself is assumed to be infinitely subdivisible/continuous, but there are theories like Loop Quantum Gravity where it's not, and interpretations of QM like Copenhagen where unmeasured quantities don't have any definite value.
Precision on any cut in the real world will near impossible to do in absolute.
but "we now know exactly how long the rope must be to get an area of 50 square units"
does not work with a formula that contains pi and additionally a square root, does it?
We know exactly what pi is, it is pi. The circumference of a cirle is exactly 2rpi. In this way we know the exact answer. But knowing it is "pi" - not the number pi 3.1415926535... - we don't know how long to create a rope, for that we would need to know the "complete" number of pi.
(Great article though)