Hotel Hyatt Regency

Renovation and reconstruction of heritage building built in 1900 on Rustaveli Avenue into upper upscale hotel with 180 Guest Rooms and net area 21,000m2. Budget USD 60 million.

Sector:

Real Estate

Function:

Owner’s Representative: Privatization; Operator selection negotiation, contracting (Hyatt International); Lender/Investor negotiation, contracting (USD 39 million export financing from Polish Development Bank); General Contract USD 45 million FIDIC Red Book; Project Management

Platform Members

Mindia Gadaevi – Project leader; BLB LLC -legal support; Spectrum LLC – Lead Architecture and ID public spaces; Cubicon LLC – Structural design, Artstudio Project LLC - Architect of Record