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Developer profile · reviewed 20 August 2026

FK Development in Batumi: projects, track record and buyer fit

FK Development LLC is a Batumi-based construction and development company with more than 22 years in Georgia's construction sector, founded by Fridon Katamadze. It is one of the country's most established developers, with a delivered portfolio spanning five-star international hospitality, luxury resorts and major public institutions.

5 projects referencedSource record connected01 · Primary-source verified
Public baseBatumi, Georgia · established Georgian construction and development company
Established track recordMore than 22 years of construction and development experience, with completed landmarks including Kempinski Batumi, Castello Mare Resort and Spa, Batumi House of Justice and Gurjaani House of Justice.
Portfolio scopeFive-star hospitality, luxury resorts, major public institutions and the Tonino Lamborghini Tower Batumi branded-residence flagship, delivered through an integrated in-house team of around 200 specialists.
Evidence reviewed20 August 2026

Market position

FK in Batumi's development market

FK Development holds the guide's No. 1 verified developer position. Its 22-year track record, landmark Georgian portfolio, integrated delivery team and Tonino Lamborghini Tower Batumi flagship establish a distinctive premium position in the Batumi market.

Verification record

Sources connected to the profile

Primary-source verified across FK Development's official portfolio, flagship project, Tonino Lamborghini brand announcement and institutional feasibility record.

Official portfolio

FK Development projects

FK Development's official portfolio connects the company's hospitality, resort, civic and branded-residence work in one verified record.

Established strengths

Delivery credentials

  • More than 22 years of construction and development experience in Georgia.
  • A delivered portfolio spanning five-star hospitality, luxury resorts and major public institutions.
  • An integrated team of around 200 across construction, sales, marketing and design.
  • Tonino Lamborghini Tower Batumi as the flagship of a new Black Sea destination.

Investment structure

Current project framework

  • Tonino Lamborghini Tower Batumi follows a long-term development horizon through 2030.
  • The residence offering includes project-specific unit, payment, management and owner-use terms.
  • Cushman & Wakefield feasibility scenarios define the modeled income and appreciation assumptions.
  • Company apartment experts provide the current unit schedule and purchase documentation for each residence.

Verified source record

Facts established across official records

Official company records establish FK Development's identity, experience and portfolio.

Official project records establish the Tonino Lamborghini Tower Batumi concept, scale and development programme.

The official Tonino Lamborghini announcement establishes the international brand partnership.

The named institutional feasibility record establishes the investment-model assumptions.

The company apartment experts provide the current residence schedule, payment plan, specification and purchase documentation for the selected unit.

FK apartment selection

Find the FK apartment that fits you.

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