Donald Trump To Build Trump Tower In Batumi

Donald Trump To Build Trump Tower In Batumi

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On April 21 billionaire Donald Trump will visit Georgia, told Silk Road Group representative during his interview to News-eorgia. The purpose of the visit is a presentation of Trump's Batumi new project.
As we reported earlier, on March10th last year, during the visit of Georgian President Mikheil Saakashvili to New York, the Trump Organization and the Georgian company Silk Road Group signed a protocol of intent to develop two Trump managed skyscrapers in Georgia, one in Batumi and another in Tbilisi. The start of construction is scheduled in 2013 and would be overseen by the Silk Road Group, one of the largest private investment companies in the region and the Trump Organization partner for the project.

The deal, which the partners estimate about US$ 250-300 million, calls for two projects. The Trump Tower in Batumi would be a part of a planned by Silk Road complex that includes a casino, an exhibition hall and a marina. The residential buildings will each contain 100 apartments and rise nearly 40 stories - average by New York standards, but nearly twice the size of the republic's tallest structures.