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2 clusters · 5 sources · 3 days · First seen · Last updated
Trump Tower project development in Tbilisi
Overview
The Trump Tower Tbilisi project was officially launched as part of the $2 billion Downtown Tbilisi development. The planned 62-story, 282-meter-high skyscraper is intended to be the tallest building in Georgia and is expected to be completed by 2031.
The project involves licensing the Trump Organization brand to a group of local and international developers, including Archi Group, Invia group, Finvest Georgia, Blox Group, and the New York-based Sapir Organization. The development aims to establish a premium district featuring luxury residences, hotels, and commercial spaces to attract international investment to the Caucasus region.
Reports note that the project is being developed on land purchased from a fund linked to US-sanctioned billionaire Bidzina Ivanishvili. The launch ceremony was attended by Georgian Dream leaders, including Prime Minister Irakli Kobakhidze, and included remote remarks from Eric Trump.
Entities
The Trump Organization · Gensler · Archi Group · Tbilisi · Georgian Dream
Timeline
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15 days ago
[BUSINESS] 3 sourcesTrump Tower Tbilisi unveiled as part of $2 billion projectTrump Tower Tbilisi has been officially unveiled as part of the $2 billion Downtown Tbilisi project, set to become Georgia's tallest building at 280 meters.
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17 days ago
[BUSINESS] 2 sourcesTrump Tower project launched in Tbilisi, GeorgiaThe Trump Tower project has been officially launched in Tbilisi, Georgia. The 62-storey skyscraper is part of a $2 billion urban development project expected to be completed by 2033.
Sources
civil.ge · forbes.ge · jam-news.net · mediaplus.az · propertynews.pl