The investment company "Block Invest" jointly with "Orbi Group" launches one of the most large-scale projects in Tbilisi.
Tornike Janashvili, the head of the Investment Department at Block Inves, told "Commersant" that a 1 500- room apart-hotel is planned to be built in the place of the blood transfusion institute located on Kazbegi Avenue.
At the moment the building is being demolished and in 3 months the construction work will begin. The apart-hotel concept will be similar to the projects carried out by "Orbi Group", a total of 140 million dollars will be invested in it.