Tbilisi Outlet Village Company Research Report

Company Overview

• Name: No information is available

• Mission: To attract a new audience with a premium shopping experience at the crossroads of Europe and Asia in Tbilisi, Georgia.

• Founded: No information is available

• Founders: No information is available

• Key People:

• Guram Tsanava, a seasoned executive, entrepreneur, and business strategist with over 25 years of experience. He was a CEO and Senior Executive of the two largest holding companies in Georgia.

• Barbara Horatz - Partner Marketing & Retail at TORG International

• Billy Isiani - Marketing Executive at Georgian Outlets & Resort Group (GORG)

• Headquarters: Tbilisi bypass M2FC+4F, Gamarjveba, Tbilisi, Georgia

• Number of Employees: No information is available

• Revenue: No information is available

• Company Known For: The company is known for the development of "Tbilisi Outlet Village," a premium shopping outlet strategically located near the capital of Georgia, known for blending tradition with a contemporary flair designed by L35 architects from Barcelona.

Products

• Products Offered: No specific information about products offered by the company.

• High-Level Description and Key Features:

• Outlet Village: A 12,500 m² premium outlet village featuring 70 units, strategically located on the E60 motorway, offering convenient access and high visibility for local residents and international visitors. Future plans include expansion to a total of 20,000 m² with 110 units.

Recent Developments

• Recent Developments:

• Construction of Tbilisi Outlet Village has progressed significantly, with the facades and roofs of the 70 future units completed, along with the access roads and pavement for 1,700 parking spots as part of Phase 1 and Phase 2.

• New Products Launched: No information is available

• New Features Added to Existing Products: No information is available

• New Partnerships:

• TORG International, a global outlet development group, began working on the TBILISI OUTLET VILLAGE project in January 2020, and it received the "Project of the Future" prize at the Annual Europa Property CEE Investment Awards in Warsaw in October 2021.

Project Overview and Strategic Location

• Tbilisi Outlet Village: Set to open in December 2024, it aims to redefine the shopping landscape in Georgia. It will host a mix of high-end international designer labels, sportswear, lifestyle, and fashion brands, and culinary offerings.

• Strategic Location: Located 30 minutes southeast of Tbilisi on the E60 motorway, it promises straightforward access and a significant draw as a retail and tourist hub, expected to attract 7 million visitors in the first three years.

Infrastructure and Accessibility

• Infrastructure: Plans include a new E60 motorway, enhancing connectivity across Georgia, Azerbaijan, Armenia, the Caucasus, and the Black Sea, making the village an accessible destination.

• Accessibility: With infrastructure planned for seamless access from the city, airport, and road network, Tbilisi Outlet Village prepares to welcome a diverse audience.

For more information or inquiries, interested parties are encouraged to contact via email at hello@tbilisioutletvillage.com or phone at +995 32 223 25 23.

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