EMAAR Georgia

Tbilisi Waterfront masterplan: 585 hectares on the Mtkvari, read closely

2,800+ villas and townhouses, 3,500 apartments, 450 hotel keys, 200+ retail spaces on 585 hectares of west-bank riverfront by Krtsanisi - what the masterplan actually contains.

The headline figures

Site area585 hectares along the river, per the owner's presentation set (other public materials give ~590 ha)
Announced investment$3.3 bln for this project (of the $6.6 bln announced across both Georgian projects)
Villas and townhouses2,800+
Apartments3,500
Hotel keys and branded residences450
Retail and restaurant spaces200+
River frontage~10 km

Where the 585 hectares comes from

What the mix tells you

Infrastructure before buildings

Who is building it

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