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Trump Organisation Announces 70-Story Tower in Tbilisi
The Trump Organisation has announced plans to construct Trump Tower Tbilisi, a 70-storey skyscraper in the Georgian capital, in a joint venture with several local and international partners. The project, slated for construction in Tbilisi’s Saburtalo district overlooking Central Park, will be a mixed-use destination featuring luxury residences, retail spaces, dining options, and lifestyle amenities. The venture includes Georgian companies – Archi Group, Biograpi Living, Blox Group, and Finvest Georgia – alongside the Sapir Organisation and previous Trump Organisation partner.
The tower is intended to be the tallest building in the Caucasus, significantly exceeding the height of the Baku Tower in Azerbaijan. Eric Trump, Donald Trump’s son and executive vice president of the Trump Organisation, stated the project represents “a continuation of that legacy” and reflects the organization’s commitment to bringing a “globally recognised standard of excellence” to Georgia. The development is being promoted as a key business hub, attracting international investment and bolstering Tbilisi’s profile as a gateway to Eastern Europe and Asia.
The Trump Organisation highlighted Georgia’s appeal to international investors and luxury property buyers, noting its rich cultural heritage and winemaking tradition. This isn’t the first time the Trump organisation has pursued real estate ventures in Georgia. Previous plans for a Trump Tower in Batumi stalled in 2017.
The project’s completion is anticipated by the end of the decade, following the completion of the Silk Tower, previously overseen by the Georgian Co-Investment Fund. The Trump organisation has faced legal challenges recently, including a significant fine related to a civil fraud trial. The 70-storey building represents a significant investment for the trump organisation.
Topics: #trump #organisation #storey
