Tbilisi City Hall reported that Tbilisi Development Fund has announced two public tenders for the urgent demolition of buildings and construction of new residential complexes, with a combined value exceeding GEL 24 million.
The larger project, valued at GEL 15,101,134, involves the dismantling of five dilapidated structures, one two-story and four single-story buildings, located on a 2,072 square meter plot at 50a Chargli Street. The project provides the construction of a new 12-story multi-apartment residential building on the site, along with associated renovation and infrastructure works.
A second tender, estimated at GEL 9,154,824, covers the construction and renovation of an 11-story residential building at 38a Shuamta Street.
Both procurements were announced on April 29, with bid submissions scheduled to take place between May 11 and May 13.
