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“White Magnolia” Project to be Completed in Batumi in a Month

“White Magnolia” project carried out by “Center Point” company in Batumi will be completed in about a month. Maya Rcheulishvili, one of the founders of the company, states “Commersant” that  lifts and lightning conductors are left to be installed.

Maya Rcheulishvilis notes that all apartments  have been sold and it’s already possible to  live in the complex.

The development  company has invested $ 300 million in the “White Magnolia” project. The complex includes  920 apartments and commercial spaces. Under the project, the area of 124 thousand square meters will be built, one square meter costs  $ 300. “Center Point ” began  “Magnolia” construction in  2007.