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Georgian Riviera on the Black Sea from Lisi Development

by Georgia Today
August 1, 2024
in Business & Economy, Newspaper, Social & Society
Reading Time: 2 mins read
Beethoven, Chopin, Rachmaninoff: Rising Piano Stars Conquer the Classics in Tbilisi

The new resort area is located in Buknari, a unique location between the sea and the mountains, featuring a distinctive subtropical climate. It is just a 7-minute drive from the Batumi exit. Lisi Development owns a 9-hectare plot of land in Buknari, and the development will be carried out gradually, considering low building height and density.
The first phase of the project includes a hotel-apartment complex with an indoor swimming pool, a restaurant, a sports field, and green areas. This phase is scheduled for completion in 2025. Currently, the construction of a 108-room hotel and related infrastructure is actively underway, with a total investment of $20 million.
The hotel-type apartments will be delivered in a turn-key condition, including full renovation, furniture, kitchen, and necessary accessories. The project includes hotel-standard rooms ranging from 35 to 70 square meters. The complex is situated directly along the sea coast, and each apartment offers views of both the sea and the mountains.


As with all its projects, Lisi Development is committed to green approaches, low-density development, and creating human-friendly environments and infrastructure. In 2010, the company developed Lisi Green Town residential complex in Tbilisi, which now includes three residential areas and a villa area.
This development features seven parks and a commercial area with all necessary services such as a pharmacy, supermarkets, and a gym. Lisi Development’s introduction of green approaches is evident in its 80/20 principle, where only 20% of the project area is occupied by buildings, and the remaining 80% is devoted to greenery and additional infrastructure. This principle results in 70 square meters of space per person, which is 7.7 times higher than the World Health Organization’s standard.
The company aims to establish this standard in the Buknari project in Adjara, intended for family recreation and attractive from an investment perspective. It is important for Lisi Development to maintain and enhance the existing green cover in Buknari. Their goal is to create a model project on the Black Sea, which will become the new Georgian Riviera.
The general plan and architecture of the resort area have been developed in collaboration with British architectural studios, marking Lisi Development’s another international collaboration. The company has previously worked with world-renowned architectural firms, such as the Dutch company UN Studio on the Lisi Green Tower project. In the third district of Lisi Green Town, two new buildings of different architecture are under construction. The company is working on a residential house designed by the legendary Spanish architect Ricardo Bofill and Lisi Garden House designed by the well-known British company Architects of Invention, both to be completed by the end of 2024.

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