On September 20, development company Archi will unveil its largest urban project to date, Grand Avenue by Archi, on the territory of the former wagon factory near Dinamo Stadium in Tbilisi. The company says the presentation and related sales event will mark one of the most significant days in its history.
According to Archi’s General Director, Shio Khetsuriani, the billion-dollar investment will cover more than 20 hectares and combine premium and comfort-class apartments, office and public spaces, co-working zones, indoor and outdoor pools, padel and tennis courts, a school, kindergarten, museum, gastronomic zones, and other facilities. He emphasized that over 75% of the area will be dedicated to green and recreational spaces, making the project stand out in terms of housing, entertainment, and healthy living.
Khetsuriani also noted that demand is already unprecedented: 450 registrations have been confirmed ahead of the presentation, a record for the company, with expectations that the number will exceed 700. The new urban hub will connect Dadiani Street and Tsereteli Avenue, with a tunnel linking it to Tbilisi Dinamo Square in just five minutes.
Bob Earley, founder of OCULUS and landscape designer of Grand Avenue by Archi, called the project “a unique development for Tbilisi both in scale and concept.” He stressed the importance of reviving an area with industrial heritage and transforming it into an ecologically sustainable, multifunctional urban space. Comparing the project to developments in New York and Chicago, Earley highlighted that Tbilisi’s historic context gives Grand Avenue a character unlike any other.
