Archi Grand Avenue enters a new stage with Hilton, Wyndham and GEL 2bn plan

Archi has announced that Grand Avenue in Tbilisi has moved into a new stage of development. In a company update published on 9 October, the developer said that on 8 October it held a special presentation at Grand Avenue, 32 Tsotne Dadiani Street, to mark the next phase of the project. The announcement specifically highlighted the introduction of a five-star Hilton hotel, Wyndham Residences, and international teams participating in the scheme. Archi said the total investment in the project amounts to GEL 2 billion.

The company describes Grand Avenue as a large-scale district project developed under a “city within a city” concept. On the project page, Archi says the scheme is designed as a new downtown area near Dinamo Stadium and includes residential, office, hospitality, and public functions. It also advertises extensive green and recreation areas alongside commercial and lifestyle infrastructure. The latest announcement adds a ceremonial dimension as well, including a symbolic signing event and placement of a time capsule in the foundation to mark the next stage.

For the market, this is a project-development update rather than a completion notice. The significance lies in the scale of the planned investment, the presence of international hospitality brands, and the continued positioning of Grand Avenue as a major mixed-use district in Tbilisi. Buyers and observers should still distinguish between a newly presented development stage and fully delivered buildings. The report confirms momentum and branding, but not the completion of all components or their final delivery timetable. For further background on the developer, see the Archi profile on HomeRadar; the profile is not a listing for the Grand Avenue project.