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GTB Holdings backs a $385M funding round to complete The Cascade project in Yerevan, with plans for a cultural hub, concert hall, and contemporary art museum.

PRIVATESep 14, 2026•about 2 hours ago

Amount Raised

$385 Million

Round Type

Venture - Series Unknown

ArmeniaMiningConstruction

Description

GTB Holdings is advancing its involvement in the development of The Cascade, a significant architectural project in Yerevan. The estimated total investment for the completion is around $385 million. This initiative focuses on creating a cultural hub, a concert hall, and public grounds. The project aims to enhance the cultural identity of Yerevan.

Company Information

Company

GTB Holdings

Location

Armenia

About

GTB Holdings LLC is a multi-profile company founded in 2022, bringing together businesses involved in construction, steel production, real estate development, and related activities. Its subsidiaries include GTB Steel LLC, GTB Tower LLC, GTB Development LLC, GTB Anhaght LLC, GTB Proshyan LLC, and GTBuild LLC. The company focuses on large-scale infrastructure initiatives across Armenia. GTB Development has committed to advancing the completion of The Cascade, a significant architectural landmark in Yerevan.

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