This paper discusses the geological and hydrogeological features of Quaternary deposits in Tianjin as well as the geohazards related to groundwater hydrology in this region. The soft soil deposits, comprising silt, sand, silty clay and clay, are composed of four aquifer groups. In the first aquifer group, one phreatic aquifer and two confined aquifers have relationships with underground construction in the urban area. These three aquifers are separated by two aquitards and collectively form a multi-aquifer system. During geotechnical construction, potential geohazards present are related to the groundwater, which include water-in-rushing, quicksand and piping hazards. To prevent the aforementioned geohazards, dewatering is conducted; however, groundwater pumping may result in large settlements of the surrounding ground. To reduce pumping-induced settlement, the dewatering–waterproofing system has been adopted. According to the characteristics of the subsoil, excavation depth and the surrounding environment, the dewatering system can be divided into five patterns. In the first four patterns, when pumping is conducted in the excavation pit, the groundwater head in the adjacent aquifers outside the pit decreases due to the leakage effect of the aquitards located between the aquifers. In the fifth pattern, waterproof curtain has cut off the aquifers completely and dewatering in the pit cannot result in settlement around excavation pit. To avoid geohazards related to groundwater hydrology, countermeasures recommended include construction of an effective waterproof curtain, selection of a reasonable excavation dewatering pattern and withdrawal of required groundwater.