The Trump Organization to build Trump Tower Tbilisi

The Trump Organization and its partners plan to build Trump Tower Tbilisi, a roughly 70-story mixed-use project that would be the tallest building in the capital of Georgia, The Wall Street Journal reported on Saturday.

The tower would include luxury residences, retail and hotel-style amenities. It is being designed by the architecture firm Gensler and backed by a consortium that includes Georgia real-estate firm Archi Group and Biograpi Living, which is part of a Georgian conglomerate.

New York-based developer and previous Trump partner Sapir Organization is also involved in the project, according to the representative.

Eric Trump said the Tbilisi development would extend the company’s “globally recognized standard of excellence” to Georgia.

In 2012 the Trump Organization announced plans for a real-estate project in the Black Sea resort town of Batumi in Georgia. But the company stepped back from that project along with numerous other foreign deals because Donald Trump said he wanted to avoid the appearance of potential conflicts of interests.

Archi Group, one of the lead partners, has been a dominant player in Georgia’s housing market, with more than 55 completed projects and tens of thousands of units delivered. Biograpi Living is backed by a major Georgian conglomerate with interests spanning energy, retail and real estate.

The Sapir Organization has developed high-profile properties in Manhattan and Miami and has longstanding relationships with the Trump family.