Presentation of Trump Tower project took place in Tbilisi // Construction of Trump Tower skyscraper officially started in Tbilisi
On September 15, the construction of Trump Tower Tbilisi officially began in the Georgian capital Tbilisi, Interpressnews reports. The skyscraper will be part of the project Downtown Tbilisi of six high-rise buildings, which is being implemented by a group of Georgian investors in cooperation with The Trump Organization.
On September 15, the construction of Trump Tower Tbilisi officially began in the Georgian capital Tbilisi, Interpressnews reports. The skyscraper will be part of the project Downtown Tbilisi of six high-rise buildings, which is being implemented by a group of Georgian investors in cooperation with The Trump Organization.
Prime Minister Irakli Kobakhidze called the event “historic” for Georgia. According to him, investments in the Downtown Tbilisi project will reach $2 billion. In total, it is planned to build 600 thousand square meters. m of office and living space.
According to Kommersant, only the central building will cost investors about $ 250-300 million. The construction of the tower with a height of 280 m (62 floors) is planned to be completed by 2031, and the entire district by 2033. The cost of residential apartments in Trump Tower will be from $7,000 per 1 sq. m. Sales begin on September 16 this year.
The project Downtown Tbilisi and Trump Tower Tbilisi was developed by one of the largest architectural companies in the United States Gensler commissioned by a consortium that includes Georgian development companies Archi Group and Biograpi Living. Blox Group, Finvest Georgia and Sapir Organization (a New York-based developer and former partner of Donald Trump) are also involved in the construction.
The ceremony was remotely attended by the Vice-President of The Trump Organization, the son of US President Donald Trump Eric Trump. “I’m sure Trump Tower Tbilisi will be our best project in Eurasia,” he said.
Giorgi Dvali, Tbilisi
