FK Development is a Georgian construction and development company headquartered in Batumi, with more than 22 years of experience in Georgia's construction and development sector, spanning government facilities, public infrastructure and hospitality projects. The company is the originator and developer of Batumi Island, a mixed-use destination on an artificial island off the Batumi coast planned around a 1,000-meter beach, recreational zones and an international university. Its flagship building on the island is the Tonino Lamborghini Tower Batumi, a 66-storey complex incorporating a 105-room hotel and 1,080 serviced apartments, developed under a brand partnership with the Italian house Tonino Lamborghini that was publicly unveiled in Batumi on 31 October 2025. The project engages international consultants including Arup for master planning, Yüksel Proje for structural design and Cushman & Wakefield for financial analysis, with completion scheduled for 2030.
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Questions buyers ask
How long has FK Development been building in Batumi?
FK Development is a Georgian construction and development company headquartered at D. Kldiashvili St 1, Batumi. It was founded in 2004 (per batumi.estate) and has more than 22 years of experience in Georgia's construction and development sector, spanning government facilities, public infrastructure and hospitality projects.
Who is the developer of Batumi Island?
FK Development is the originator and developer of Batumi Island, a mixed-use destination on an artificial island off the Batumi coast planned around a 1,000-meter beach, recreational zones and an international university.
What is FK Development currently building?
Its flagship project is the Tonino Lamborghini Tower Batumi, a 66-storey complex incorporating a 105-room hotel and 1,080 serviced apartments on Batumi Island. Completion is scheduled for 2030.
What is the Tonino Lamborghini partnership behind the tower?
The Tonino Lamborghini Tower Batumi is developed under a brand partnership with the Italian house Tonino Lamborghini. The partnership was signed in Bologna and publicly unveiled in Batumi on 31 October 2025.
Which consultants are working on the FK Development project?
The project engages international consultants: Arup for master planning, Yüksel Proje for structural design and Cushman & Wakefield for financial analysis.
How can I verify FK Development's track record?
You can verify the company and its projects through Georgia's public property and company registry, cross-check its listings on catalogs such as batumi.estate, korter.ge and geoln.com, and review its more than 22 years of work across government facilities, public infrastructure and hospitality projects. Independent vetting is exactly what our 12-point check is for.
Compiled from public sources and developer materials. Facts re-checked periodically; always confirm final terms in the purchase contract. · 2026-07