According to a recent report, the Trump Organization and a group of partners are planning to build a 70-story mixed-use skyscraper in Tbilisi, Georgia, to be named "Trump Tower Tbilisi." The development is described as combining high-end residences, retail space and hotel-style amenities and would rise to become the tallest building in the Georgian capital.
Design work for the tower is being handled by the architecture firm Gensler. Financial and development backing is said to come from a consortium that includes Georgia-based real estate firm Archi Group and Biograpi Living, an arm of a Georgian conglomerate.
The report outlining the plan was not independently verifiable at the time it was published, and the Trump Organization did not respond to a request for comment about the proposed project. Details on the development timeline, financing structure and permitting remain limited in the reporting.
Separately, the Trump Organization has recently pursued a similar international deal. In February, it signed an agreement to develop its first tower in Australia in a project valued at A$1.5 billion ($1.07 billion). The Australian deal was cited as a comparable transaction linked to the family business.
The Trump Organization has previously said that the president's investments, assets and business interests would be placed in a trust managed by his children and that he would not take part in day-to-day operations or make operational decisions. Under that arrangement, the president remains a beneficiary of the trust that controls the Trump Organization and would be able to access income from those ventures after leaving office.
Information available about the Tbilisi plan is limited to the reported elements: the 70-story height, the mixed-use program featuring luxury residential units, retail and hospitality-style amenities, the involvement of Gensler as designer, and the participation of Archi Group and Biograpi Living in the development consortium. Observers seeking confirmation of project specifics, financing particulars and regulatory approvals are constrained by the lack of independently verified documentation in the public record.
The exchange rate referenced in related reporting notes that $1 equals 1.3955 Australian dollars, a detail tied to the cited valuation of the Australian project at A$1.5 billion ($1.07 billion).