
Main Partners
We collaborate with leading industry partners to ensure the highest standards in every project. Our strong network of trusted companies enhances the quality, innovation, and efficiency of our developments.

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About
STONE DEVELOPMENT is a team of professionals successfully implementing investment projects in the commercial and residential real estate sectors, managing all stages of the project lifecycle—from developing an optimal concept to managing the completed property. Combining our own professional expertise, modern trends, and partnerships with leading companies allows us to create high-quality and ergonomic products.
In addition to implementing our own projects, the company offers professional development project management services to investors, landowners, and property owners.

1
Strategy
STRATEGY
We are developing strategies and concepts, conducting research, and creating master plans to guide successful project execution.
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Market research and territorial potential analysis
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Master planning and concept development
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Highest and best use analysis for real estate assets

2
Marketing & Branding
BRAND IDENTITY
We are developing comprehensive marketing strategies, creating impactful branding, and managing communications to effectively engage our target audience.
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Development of marketing strategies and promotion plans
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Brand creation and positioning of real estate projects
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Communication strategies to enhance investment appeal

3
Architectural Concepts
ARCHITECTURAL AND DESIGN CONCEPTS
We are developing architectural and design concepts that align with the project's vision and functional requirements.
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Architectural design and conceptual development
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Coordination of design projects
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Ensuring architectural alignment with project goals

4
Finance
FINANCIAL MODELS, INVESTMENT PROJECTS
We are developing financial models and designing investment projects to support strategic growth and decision-making.
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Financial modeling for real estate development
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Structuring investment proposals
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Investment sourcing and transaction support

5
Project Management
ARCHITECTURAL AND DESIGN CONCEPTS
We are in the process of developing a comprehensive management model and providing support for its effective implementation across the organization.
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Development of efficient project management models
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Comprehensive support throughout all stages of project implementation
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Coordination of stakeholders, contractors, and operators

Industries
Hotel
Residence
Apartment Complex
Commercial Real Estate

Our Expertise
Stone Development provides comprehensive solutions in real estate development, architecture, financial modeling, and project management.
Development
Tourism Infrastructure
1
Tourism
TOURISM INFRASTRUCTURE
Creation and development of hotel and tourism infrastructure projects:
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Concept development for tourism and hospitality assets
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Involvement of international hotel operators
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Investment structuring and capital raising
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Operational audits and performance optimization
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Asset management and operational support

Fee Developer Services
Stone Development acts as an external developer, delivering projects on behalf of investors or landowners on a fee basis.
Scope of Fee Developer Services
1
Project Organization
PROJECT ORGANIZATION
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Highest and best use analysis of real estate assets
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Concept development and implementation strategy
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Project risk analysis and risk mitigation planning
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Project financing sourcing
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Development of project implementation schedules
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Preparation of urban planning documentation
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Determination of technical and economic project indicators
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Preliminary project proposal development

2
Design Phase
DESIGN
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Organization of architectural and technical design
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Coordination of design documentation as a general designer
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Obtaining positive state expert reviews
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Securing technical specifications and utility connection agreements
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Obtaining construction permits

3
Construction & Handover
CONSTRUCTION & HANDOVER
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Organization of tenders and selection of general contractors
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Monitoring of project timelines, quality standards, and budgets
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Handover to state acceptance commissions
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Registration of legal ownership rights



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Our Partners
We believe every client is a valuable, long-term partner.
WE ARE
STONE IMPACT
DEVELOPMENT
MISSION
Our mission is to shape liveable spaces that serve the needs of those who build the future. Our dream is to make Armenia an alluring destination for harmonious living, fostering creativity and adding value for years to come.
VISION
We see ourselves as a capstone joining together the efforts of like-minded industry partners to meet and harmonise the expectations of investors, end-users, and communities that host our projects. Embracing the finest industry practices while establishing our own sustainable development standards, we remain committed to the main objective: enhancing the quality of the liveable environment.
We aim to set new benchmarks, stone by stone.

Projects
Guiding You Towards Unprecedented Success with Proven Strategies