FK Development

FK Development

A Georgian developer with 22 years of history — creator of the Black Sea's first-ever artificial island and the iconic Tonino Lamborghini Tower in Batumi.

View active projects

1

Active projects

448

Thousand € in assets

1

1 location

22+

Years on the market

About the developer

FK Development is one of the most reputable developers in Georgia, with more than 22 years of history. Over the years, the company has delivered a wide range of landmark projects, from government institutions to luxury hospitality and public infrastructure.

Today, the company focuses on projects with a strong conceptual identity. Its flagship development is Batumi Island — the first artificial island in the history of the Black Sea, where the Tonino Lamborghini Tower, a 66-storey branded tower, is being built.

Italian handcrafted interiors, smart home systems, infinity pools, a helipad, and a shopping center create a world-class ecosystem right on the seafront. An independent analysis by Cushman & Wakefield forecasts rental yields of up to 14.6% annually.

Key stages

2002

FK Development founded; delivery of major construction projects across Georgia

2019

Conceptual design of Batumi Island launched — the first artificial island on the Black Sea

2023

Active 24/7 island construction begins with international engineering teams on site

2025

Official partnership with Tonino Lamborghini; Tonino Lamborghini Tower Batumi unveiled

2029

Planned delivery of Tonino Lamborghini Tower — the new symbol of Batumi and the Black Sea region

Active Projects

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