Trump Organization to partner on new skyscraper in Tbilisi, WSJ reports
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.
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Tbilisi Waterfront sells out second sales phase in a single day
08.05.2026.11:00
Eagle Hills Georgia today confirmed that the second sales phase of Tbilisi Waterfront, its flagship mixed-use development on the banks of the Mtkvari, achieved a complete sell-out on the day of its launch – May 7th.
The second launch introduced apartments positioned adjacent to the project's Bristol branded luxury hotel. The location places residents within the heart of the development's lifestyle precinct, which will feature curated luxury retail, cafés, a sports complex, a spa, and a broad range of additional amenities.
The current success builds on the momentum established by the project's inaugural sales launch in January 2026, which placed around 300 residential units - a mix of apartments, townhouses, and riverside villas, and also achieved a same-day sell-out. Eagle Hills Georgia will shortly bring its next sales launch to market, featuring townhouses and villas.
Tbilisi Waterfront represents a total investment of approximately USD 3+ billion and stands among the largest investment commitments in Georgia's history. The project is expected to make a meaningful contribution to national GDP through construction activity, long-term operations across hospitality, retail and property management, and broader indirect and induced economic effects.
The success of the current phase further reinforces Eagle Hills' deepening presence in Georgia. Alongside Tbilisi Waterfront, Eagle Hills is advancing Gonio Yachts & Marina, a 250-hectare waterfront development near Batumi anchored by a world-class marina district and incorporating branded residences, luxury hotels, retail, and extensive green open spaces.
Its official launch is planned in the coming months. Together, the two developments represent combined investments exceeding USD 6+ billion, underscoring Eagle Hills' long-term commitment to delivering institutional-quality waterfront destinations across Georgia.
