Trump Tower Tbilisi will be a 70-story mixed-use skyscraper overlooking the city’s Central Park, part of a broader $2 billion “The Tbilisi Downtown” development project set to include shopping, hotel, dining and business properties.
The tower would be Georgia’s tallest building when completed, according to the Trump Organization, which says it’s working in “collaboration” on the property with several other real estate development firms.
The Tbilisi property is the latest in a string of foreign licensing and branding deals the Trump Organization has signed since Trump’s reelection, with his foreign licensing income
exploding by 650% in 2024 and only continuing to grow.
While it’s still unclear how the Tbilisi property will benefit the president, if recent deals are a guide, Trump could easily make more than $5 million from the development.
The foreign deals have raised widespread concerns among ethics experts about a conflict of interest for Trump, with former Office of Government Ethics chief Walter Shaub telling
Forbes last year, “It’s gone so far as to be whatever is the direct opposite of government ethics—I suppose we’d call that corruption.”
The White House and Trump Organization have not yet responded to requests for comment about the Tbilisi project, but the Trump administration and Eric Trump—the president’s son who now runs the family business—has previously denied the foreign deals present any conflict of interest with his father’s presidency, because Trump’s assets are in a trust controlled by his children....