Sunday, March 30, 2008

South Tel Aviv gets upgrade plan including towers

The Tel Aviv Local Planning and Building Commission has approved a number of important building plans for south Tel Aviv. One plan calls for the construction of offices at the Heresh compound along the Ayalon. The lot will be dividend into two sections: one 50-dunam (12.5-acre) section between the La Guardia overpass and the Hahagana overpass; and the second 35-dunam (8.75-acre) section from the Hahagana overpass to Heyl Hashirion St.

This plan allows 450% building rights of main space, 40% service space, and a four-floor parking garage. The section will be divided to lots with connecting pedestrian walkways, public squares, and covered passageways. Six 15-40 storey buildings with 115,000 square meters of aggregate space can be built on the first section, and seven 10-35 storey buildings with 180,000 square meters of aggregate space can be built on the second section

Tel Aviv Local Planning Commission chairman Doron Sapir said that it had approved in principle the plan's principles, but that transportation problems still remained. The city engineer will therefore formulate a plan for construction in stages, subject to solving the transportation problems.


The Tel Aviv Local Planning Commission also approved a plan for a vacate-and-build project along Levinsky Street, near the new Central Bus Station. The plan includes two 30-storey mixed-use high-rises with residences on the upper floors. The current buildings on the site are mainly industrial and commercial buildings, some of which are quite dilapidated.

Published by Globes [online]

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