The Grove Design Hotel
A 39-room design hotel in historic New Tiflis.
THE THESIS
A modern 4-star boutique hotel at the foot of Queen Tamar Bridge, off David Aghmashenebeli Avenue: 39 rooms in six unique styles with restaurant, gym, lounge and a common terrace — and zoning headroom to add 600 sqm over two floors.
The location does most of the work. New Tiflis is the restored quarter around David Aghmashenebeli Avenue, and the hotel sits at the foot of Queen Tamar Bridge — walking distance from the avenue’s restaurants and a short crossing from the old town. Six room styles across 39 keys let the property price into several segments at once, and the restaurant, gym, lounge and common terrace keep guests spending on site rather than only sleeping there.
GROUP
II — REAL ASSETS & ENERGY
LEAD ENTITY
HOTEL
MARKETS
Tbilisi
THE PROPERTY
39
Rooms · 6 styles
4-star
Boutique class
1,966 sqm
Building area
600 sqm
Development headroom
THE ASSET CASE
New Tiflis location
Historic district at the foot of Queen Tamar Bridge, off David Aghmashenebeli Avenue.
Development headroom
Public-Business Zone 2, K2 coefficient 4.6 — potential to add 600 sqm over two floors.
Design-led hospitality
Six room styles, restaurant, gym, lounge and common terrace — the group’s hospitality standard in practice.
ENQUIRIES
Talk to us about The Grove Design Hotel.
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