Batumi, Georgia-based developer Tam Geo is investing $80 million in Babillon Tower Batumi, the highest residential tower in the country of Georgia. Babillon Tower is a mixed-use development currently under the construction.
Entrepreneur Donald Trump is on the road again. This time he flew 5,477 miles (8,814 kilometers) from his New York City headquarters to the Black Sea coastal resort of Batumi (Pop. 123,500) to lend his name to a planned $250 million, 47-story apartment tower in Soviet Georgia.