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45-floor constructing permitted for central Tel Aviv junction

whysavetoday by whysavetoday
November 5, 2025
in Business
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45-floor constructing permitted for central Tel Aviv junction
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The Tel Aviv-Yafo Native Planning and Constructing Committee final week permitted the “Menora Allenby” plan for the development of 45-floor blended function constructing to interchange Beit Menora between Allenby, Yehuda Halevi and Yavne Streets. The constructing on a 4.9 dunam (4,900 sq. meters) website has been designed by the Moore Yaski Sivan (MYS) architects agency on the initiative of Menora Properties & Investments and Financial institution Hapoalim.

The 45-floor constructing will embrace 110 residences of which 15% shall be inexpensive properties. The constructing will even embrace 45,000 sq. meters of workplace house, industrial house and a resort.

The brand new constructing will substitute the 13-floor Beit Menora (previously Beit Sneh) and two three and four-floor buildings. As paret of the plan Allenmby Road shall be widened and a public sq. constructed linking as much as the underground gentle rail stations on the Pink and Purple Traces. The plan additionally features a park, playground and public buildings.

Plan permitted regardless of objections by native residents

The plan was met with a sequence of objections, which had been dismissed by the native committee. Among the many distinguished opponents had been the tenants of the “Meyer” constructing, at 36 Rothschild Road, positioned close to the deliberate mission. One of many principal points raised is the site visitors congestion within the space. In keeping with the tenants, a lot of the site visitors within the space drains onto Yavne Road, and there’s already main congestion there. They declare that constructing one other tower will enhance congestion on close by streets and hurt the standard of life.

Opponents additionally claimed that environmental and site visitors issues weren’t adequately examined when contemplating the plan, and confused the necessity for a complete site visitors survey on the influence on transport and parking within the space, particularly resulting from present site visitors congestion within the space. In keeping with the opponents, the high-rise may considerably hurt tenants and their households.

The native committee rejected the objections and famous {that a} site visitors appendix was connected to the plan, which was permitted by the site visitors division.

Opponents additionally raised considerations relating to the peak of the tower and different objections had been raised by the landlords and store house owners close to the mission. Right here too the committee rejected the objections, saying, “In the course of the development section, the mission builders shall be required to behave in keeping with regulation and in keeping with constructing permits legitimate for the complete development interval and to attenuate as a lot as attainable the injury to close by tons, as is finished on each lot within the metropolis.”

Revealed by Globes, Israel enterprise information – en.globes.co.il – on November 4, 2025.

© Copyright of Globes Writer Itonut (1983) Ltd., 2025.


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