Tbilisi City Hall has approved a new location for a long-delayed cooperative housing project intended for families affected by unfinished construction dating back to the 1990s.
Mayor Kakha Kaladze announced that the project, to be implemented by JaoKeni Building, will now be developed at 12 Spiridon Virsaladze Street, replacing the initially planned site near Makhata Mountain.
City officials said the original location posed technical and infrastructural challenges, leading authorities to identify an alternative site that meets all construction requirements. The Virsaladze Street plot is equipped with the necessary infrastructure, allowing the project to proceed within defined timelines. Apartments will be handed over to beneficiaries in several phases.
The development is expected to provide housing for 158 families who purchased apartments decades ago but were left without homes after construction projects stalled. Kaladze addressed the needs of such residents remains a priority for the municipality.
“Providing apartments to residents affected by cooperative construction is a main priority for the city. Since 2017, we have been working to ensure these families finally receive their legally recognized homes,” Kaladze said.
