Tbilisi Boulevard — Georgia’s First Fully Established Resort in the Capital

Tbilisi Boulevard is a landmark integrated urban resort development on the shores of the Tbilisi Sea, offering a rare investment opportunity in one of Georgia’s most prominent emerging destinations. The project combines residential, hospitality, commercial, office, educational, medical and recreational infrastructure within one master-planned development.

The land and the project are now available for sale, creating an opportunity for an investor or strategic partner to acquire the development and determine its future realization. An additional opportunity is the potential integration of the nearby GINO Aqua Park, one of the largest aqua parks in Tbilisi, which is owned and operated by the same company. This creates the potential to combine the development with an established leisure and hospitality asset and strengthen the overall destination concept.

The project is strategically located in Tbilisi, Georgia’s capital and an increasingly important economic and connectivity hub between Europe and Asia. Its location provides strong relevance to the broader Belt and Road investment and connectivity landscape, connecting international capital with opportunities in Georgia’s real estate, tourism, hospitality and infrastructure sectors.

Integrated Development

Tbilisi Boulevard is designed as a self-sufficient mixed-use destination rather than a conventional residential project. The masterplan includes seven residential blocks comprising fourteen buildings, together with hospitality, retail, office, social and leisure infrastructure.

Key components include:

• Residential: approximately 210,000 m² of building area;

• Hospitality: five-star Gino Seaside Hotel Tbilisi and Hotel Promenada;

• Serviced apartments;

• Commercial and retail: shopping, hypermarkets and other commercial facilities;

• Business infrastructure: offices, business centre and coworking spaces;

• Leisure and wellness: aquapark, swimming pools, water sports and seaside promenade;

• Sports: football, basketball, tennis and padel facilities and cycling infrastructure;

• Social infrastructure: school, kindergarten and medical centre;

• Parking: facilities for up to 1,000 vehicles.

The project is positioned alongside a 250-hectare botanical park and the Tbilisi Sea, creating a distinctive environment combining nature, recreation and urban infrastructure.

Developer & Strategic Opportunity

Tbilisi Boulevard was developed by GINO Holding, a Slovak-Georgian investment group founded in 2004, with experience in integrated leisure, wellness and hospitality developments. The group reports more than €210 million in total investment across its projects.

The sale of the land, project and completed buildings , together with the potential acquisition or integration of the nearby aqua park under the same ownership, offers investors the possibility to create a large-scale, integrated urban resort and leisure destination in the capital of Georgia.

All details will be shared with interested investors, together with the Cushman & Wakefield feasibility study and full supporting documentation.