New Residential Area Worth €82 Million to Build near Tbilisi Sea

"Plato Natbeuri" district is planned to be built near the Tbilisi Sea. A residential area will be presented with public and private spaces, in which the system of recreational spaces will be defined.

The project is invested by Gino Group and its child company Gino Green City, together with the Partnership Fund.

The concept of Plato Natbeuri was developed by the MUA - GINO GREEN CITY Architecture & Placemaking team.

The implementation of the project is divided into 4 stages, from which one covers a period of 5 years. In total, the project will be launched in 20 years. However, the phasing strategy may be revised after the first phase is completed.

According to a report by Cushman & Wakefield, the investment cost of the first phase of the residential area is approximately 82 million euros.

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New Residential Area Worth €82 Million to Build near Tbilisi Sea

Last 7 Days Hot Topic

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 01

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 02

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 03

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 04

Georgia Sees Surge in Electric Vehicle Registrations 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
01

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
02

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
03

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
04

Georgia Sees Surge in Electric Vehicle Registrations
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06