The Trump Organization and its partners are planning to build a new skyscraper in Tbilisi, according to a report by The Wall Street Journal.
The roughly 70-story building, Trump Tower Tbilisi, is expected to be a mixed-use development and the tallest structure in the Georgian capital, the report said, citing a representative of the project’s partner companies.
“The Trump-branded skyscraper will be built in the Caucasus, serving as another example of how the Trump family company has shifted its approach to international business during his second administration term,” the Wall Street Journal says.
According to the article, the tower will include luxury residences, retail spaces, and hotel-style amenities. The project is being designed by Gensler and backed by a consortium that includes Georgian developers Archi Group and Biograpi Living.
The New York-based The Sapir Organization and a former Trump business partner are also involved in the project, according to the report.
The Wall Street Journal notes that the project reflects how the Trump family company has adjusted its international business approach during the second term of Donald Trump.
“In 2012, the company planned a project in Batumi but later withdrew from it to avoid the appearance of a conflict of interest,” the article reads.
Describing Georgia’s broader context, the publication notes that the country is seeking to balance geopolitical relationships while attracting foreign investment through business-friendly policies, low taxes, and a growing tourism sector.
