A forty five-floor tower might be constructed on the location between Dubnov Road and Leonardo Da Vinci Road, which at the moment serves as a car parking zone.
The car parking zone at 4-6 Dubnov Road in central Tel Aviv, between Dubnov Road and Leonardo Da Vinci Road, has been bought in an Israel Land Authority public sale to subsidiaries of Israel Canada (TASE: ISCN) for NIS 443 million, together with growth prices. A forty five-floor tower might be constructed on the location, containing places of work and 170 residential flats.
The location is 2.4 dunams (0.6 acres) in space, and, as talked about at the moment serves as a car parking zone. It’s adjoining to the Nationwide Kibbutz Motion constructing, which is marked for preservation, in one of the vital prestigious areas of the town, near Sarona and to the army headquarters compound. Final yr, the Ministry of Protection filed an objection to the plan for the location due to the constructing’s top, however in the long run the heights remained at 45 flooring.
Altogether, the challenge will comprise 1,600 sq. meters of lodge area, 2,800 sq. meters of business area, 11,600 sq. meters of places of work, and 1,500 sq. meters of public area, along with the 170 flats.
Printed by Globes, Israel enterprise information – en.globes.co.il – on Could 27, 2024.
© Copyright of Globes Writer Itonut (1983) Ltd., 2024.
Dubnov Road car parking zone credit score: Tamat Matsafi