Eagle Hills Signs Framework Agreement for the Development and Construction of Residential and Tourism Communities in the Syrian Arab Republic with the Ministry of Public Works and Housing
Eagle Hills has signed a framework agreement with the Ministry of Public Works and Housing, acting on behalf of government entities, for the development, construction and delivery of several residential and tourism community projects across various governorates in the Syrian Arab Republic, beginning with Damascus Heights in the Syrian capital and Latakia Yachts & Marina on the Mediterranean coast. The agreement establishes a framework for cooperation on the planning and development of these projects, drawing on Syria’s economic and tourism strengths and local expertise, while considering the character of each site and its infrastructure and service requirements.
Mohamed Alabbar, Founder of Eagle Hills, said: “We are investing in Syria because we believe in the country, in the resilience and capabilities of its people, and in the genuine opportunities it holds for growth. Through these two projects, we aim to create broader opportunities for employment, enterprise, investment and participation, while developing destinations that deliver lasting value to their communities.”
Plans for Damascus Heights include homes, shops, hospitality and business facilities, alongside schools, healthcare facilities, green spaces and services for residents. Latakia Yachts & Marina is planned as a waterfront destination centered around a marina, with homes, hotels, branded residences and leisure facilities. During development and operation, the projects are expected to support economic activity and tourism, create employment opportunities in construction, hospitality and services, and add housing, community facilities and tourism amenities. Syrian talent and businesses will play a central role in developing and operating both projects, creating opportunities for contractors, suppliers and service providers, supporting local supply chains and small and medium-sized enterprises, and contributing to skills development and knowledge transfer.

Eagle Hills also welcomes applications for investment participation from Syrians in Syria and abroad, with priority given to qualified Syrian individuals, businesses and institutions. Information on both projects and the application process is available at www.eaglehillssyria.com.
Following the signing of the agreement, both projects will move into the implementation phase, with preparatory and construction works expected to commence soon in Damascus and Latakia.
About Eagle Hills Founded in Abu Dhabi, Eagle Hills is a private real estate investment and development company with a global footprint extending across more than 18 countries and a hospitality portfolio of over 45 hotels. The company develops distinctive mixed-use and lifestyle destinations across the UAE and international markets, guided by disciplined master planning, design excellence and a commitment to quality. By bringing together residences, hospitality, retail, leisure and public spaces, Eagle Hills creates integrated destinations that respond to their setting, strengthen local economies and deliver enduring value to their communities.

Other News
Archi Grand Avenue Presented the Next Stage of Development
09.10.2026.13:36
With the introduction of the five-star Hilton hotel, Wyndham Residences, and its international teams, Archi Grand Avenue has entered a new stage of development. The total investment in the project amounts to GEL 2 billion.
On October 8, a special presentation marking the next stage of development of Archi Grand Avenue was held at Grand Avenue, 32 Tsotne Dadiani Street. International partners involved in the development of the new heart of the city arrived in Georgia specifically for the event to present the project’s vision to invited guests, media representatives, and Archi residents.
The event was attended by the Prime Minister of Georgia and members of the Government, who addressed the invited guests.

One of the highlights of the presentation was a symbolic signing ceremony and the placement of a time capsule in the foundation, marking the next stage in the development of the new heart of the city, bringing together representatives of Archi and its international partners.
“Archi Grand Avenue is the new heart of the city - a place where Tbilisi’s historical heritage meets the possibilities of modern living. Together with our international partners, our goal is to develop residential, hospitality, commercial, and public spaces as part of one integrated environment. We aim to create a district that brings new opportunities to the city and becomes an exceptional place for people to live, work, and relax,” said Ilia Tsulaia, Founder and Chairman of Archi.

The 21-hectare multifunctional district will include 15 hectares of recreational space, featuring an area larger than Mziuri Park. Leisure and children’s spaces, cycling paths, a skatepark, and an urban amphitheater will create a diverse environment for active living and relaxation.
The district’s sports and wellness infrastructure will include a padel center, football and basketball courts, a 3,200-square-meter mega gym, and a spa. The area will also feature restaurants, entertainment spaces, a school, and a kindergarten. A planned underground tunnel will connect the new heart of the city to Tsereteli Avenue within just a few minutes.
An important part of Archi Grand Avenue is the contemporary transformation of the former railway carriage factory. Preserving its historical heritage, the factory will be transformed into a vibrant hub bringing together gastronomic, coworking, commercial, and entertainment spaces, becoming a new destination in Tbilisi.
The factory’s renovation is being led by London-based architecture studio Benoy. The project also involves Alkaş and Han Spaces, which work internationally on the development of retail and social gathering spaces.
Chapman Taylor’s Madrid studio is responsible for developing the Grand Avenue master plan and designing the architecture of the five-star Hilton hotel. Australian company OCULUS is also contributing to the master plan and landscape design under the leadership of landscape designer Bob Earl. Wei Yap Architecture, the studio founded by Wei Yap Ooi, is involved in the overall development of the project and is working on the architectural concept for the new heart of the city.
The collaboration between the international partners brings together expertise in architecture, landscape design, hospitality, and commercial space development. During the presentation, guests had the opportunity to learn about the details of this new stage and hear each team’s vision directly from its representatives.
The celebratory evening featured presentations of the international partners, official speeches, a symbolic signing ceremony, and a musical program.

The presentation of Archi Grand Avenue’s new development stage will be followed by another important date. On October 24, Archi Grand Avenue will host A Big Discount Day. Special offers will be available for one day only, giving buyers the exclusive opportunity to purchase apartments at a price set specifically for the event, that will not be repeated. Last year, a record 644 apartments were sold at Archi Grand Avenue during the Big Discount Day.
About Archi Group
Archi Group is one of the largest investment holdings in the region. Archi Property, a member of the group, is Georgia’s #1 real estate development company, with a market share of more than 18%. Founded in 2006 by Ilia Tsulaia and his partners, the company has completed more than 55 projects and brings together more than 70,000 Archi residents and investors from 34 countries. In 2025, the company sold more than 3,000 apartments.
The group’s activities also include renewable energy, with a combined installed capacity of 219 MW across hydro, solar, and wind power plants. Construction materials are manufactured in Georgia under license from German brand Ytong. Archi is also expanding into international markets, including Florida.
About Benoy
Benoy is a London-based architectural studio that manages projects across dozens of countries and specializes in large-scale master plans, airports, shopping centers, and mixed-use developments. As part of Archi Grand Avenue, the studio is currently leading the contemporary transformation of the former railway carriage factory. The renovated site will bring together gastronomic, coworking, commercial, and entertainment spaces.
About Alkaş
Alkaş is a consulting company specializing in the development of retail and social gathering spaces. Its expertise encompasses the global development of shopping centers and PropTech. Within Archi Grand Avenue, Alkaş is involved in transforming the former factory into a contemporary and innovative destination.
About Chapman Taylor Madrid Studio
Chapman Taylor Madrid Studio is part of the international architectural bureau Chapman Taylor. At Grand Avenue, the studio is working on the master plan and the architecture of the five-star Hilton hotel. Chapman Taylor is one of the world’s best-known and most influential international architectural studios, with a 60-year history, more than 70 international awards, and numerous landmark projects completed worldwide.
About OCULUS
OCULUS is a leading Australian interdisciplinary design studio specializing in landscape architecture, urban design, and architecture. The company was founded by Bob Earl, who is currently leading the development of the master plan and landscape design for Archi Grand Avenue.
About Wei Yap Architecture
Wei Yap Architecture is the studio of Singaporean-Australian architect Wei Yap Ooi, who has more than 25 years of global experience across the Australian, Asian, Middle Eastern, and Caucasus markets. The studio is involved in the overall Archi Grand Avenue project and is developing the architectural concept for the new heart of the city.