Nikoloz Medzmariashvili, General director of m2 says the company is building the first skyscraper on Marshal Gelovani Avenue in Tbilisi. According to him, this will be the first skyscraper in the history of the company, where up to 500 apartments will be placed.
"At the end of December, we successfully started sales, however, this project is part of the current year's strategy. Nevertheless, more than 10% of the apartments have already been sold. It is a three-year project, but the demand is great. The project includes up to 500 apartments. There will be two skyscrapers. It is important that we have never built a building higher than 100 meters, and this one will be 128 meters high. There will be several more buildings in the same area," said Nikoloz Medzmariashvili.
According to the general director of m², in total, the company is currently constructing 40 buildings in four locations with a total area of 700,000 square meters.
"With the ongoing projects, we will have up to 7,000 new residents, which means that we are doubling the existing numbers," he added.
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