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Old Posted Jan 20, 2005, 2:21 AM
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TEL AVIV | Development Thread

This thread will be for all projects that are going on in Tel Aviv whether they are proposed, approved, or u/c since this city has been on a boom for a long time, so here some to start it up. Please no comparson of cities in this thread or terrorist disscussions b/c they are completely irrelevant and will be seen as spam. Other than that, enjoy this thread.

Under Constrution
Amkor Tower (on hold)
236 m (774 ft) and 65 floors
Yigal Alon St

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Amkor Bldgs
12 floors each
Yigal Alon St

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The Phoenix Tower (on hold)
110 m (361 ft) and 36 floors
1 Rothchild Blvd

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Atidim Tower 1 (on hold)
105 m (344 ft) and 35 floors
Kiryat Atidim Bldg 8

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Current site


Aizrieli Sq Tower
154 m (505 ft) and 42 floors
132 Menachem Begin Rd

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Bank Discount Tower
112 m (340 ft) and 42 floors
23 Yehuda HaLevi St with 17 Herzl St

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Current site


Beeri Nehardaa Tower
115 m (377 ft) and 31 floors
26 Beeri St with 8 Nehardaa St

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Current site


Dist Govt Ctr (nearing completion)
158 m (518 ft) and 42 floors
40 Kaplan St with 123-125 Begin Rd

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1st Intl Tower
155 m (509 ft) and 32 floors
42-44 Baron Edmond de Rothschild Blvd

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Current site


Matacal Tower (nearing completion)
95 m (312 ft) and 17 floors
HaKirya, Begin Rd

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Musuem Tower
89 m (292 ft) and 23 floors
8 Berkovich St

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Sonol Tower (nearing completion)
99 m (323 ft) and 25 floors
28 Begin Rd and 1 David Chahmi St

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Tzameret Tower 3
123 m (404 ft) and 34 floors
66 Pinkas St

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Weizman Ctr Tower 1 (nearing completion)
23 floors
14 Weizman St

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Weizman Ctr Tower 2
16 Floors
16 Weizman St

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Yoo Tel Aviv 1
39 floors
HaHalacha Rd with Namir Rd

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Yoo Tel Aviv 2
35 floors
HaHalacha Rd

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Neve Tzedek Tower
147 m (482 ft) and 34 floors
61 Eliat St

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Engle Ctr
6 floors each
Hacharash St

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Gazit Paz Tower (on hold)
71 m (233 ft) and 19 floors
158 Menachem Begin Rd

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Gazit Paz House (on hold)
75 m (246 ft) and 20 floors
158 Menachem Begin Rd

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Shaarei Tel Aviv Tower
18 floors
Asirei Zion St

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No rendering available

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Dizingof Frishman Tower (on hold)
20 floors
Dizingof/Frishman Sts

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Tel Aviv Towers 3 and 4 (on hold)
140 m (459 ft) and 34 floors each
Tozeret HaArets St

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Tel Aviv Office Tower (on hold)
9 floors
Tozeret HaArets St

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Yitzhak Rabin Ctr
No information available

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Anilavich House (nearing completion)
8 floors
Anilavich/Nirim Sts

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Approved
King Shaul Sq 1 and 2
185 m (607 ft) and 50 floors each
144 Begin Rd

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King Shaul Sq 3 and 4
164 m (538 ft) and 45 floors each
144 Begin Rd

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Area 2000
27 floors
Namir Rd

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Amal Hill Towers 3-12
163 m (535 ft) and 43 floors
Namir Rd

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Cinerama Tower 1
157 m (515 ft) and 45 floors
Yigal Alon St

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Cinerama Tower 2
146 m (479 ft) and 42 floors
Yigal Alon St

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Sitonai Area
144 m (472 ft) and 40 floors each
Begin Rd

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Engel Tower
111 m (364 ft) and 31 floors
18 Hacharash St

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Galit Tower 2
110 m (361 ft) and 30 floors
HaSholsa St

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ELA Tower
108 m (354 ft) and 30 floors
Begin Rd

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Southern Kirya Towers 1 and 2
103 m (338 ft) and 28 floors
HaArba'a St

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Train Tower
86 m (282 ft) and 24 floors
58-64 HaRakevet St

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Palace Hotel
82 m (269 ft) and 23 floors
Yarkon St

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10 Rothschild Blvd
76 m (249 ft) and 21 floors
10 Baron Edmond de Rothschild Blvd

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Karadan Tower
72 m (236 ft) and 21 floors
154 Menachem Begin Rd

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Schuster Tower
29 floors
25-27 Sutin St

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State Circus Towers
25 floors each
Kikar Hamedina

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Sea Star Hotel
25 floors
28 Herbert Samuel Promenade

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Liss Tower
25 floors
6 Weizman St

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David Promenade Tower 1
25 floors
50 HaYarkon St

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David Promenade Tower 2
18 floors
54 HaYarkon St

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Savyonei Ramat Aviv 2
23 floors
Maurizio Vitale St

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Savyonei Ramat Aviv 3 and 4
15 floors each
Namir Road

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Suzuki Tower
20 floors
Yigal Alon St

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Tel Aviv Cinema Tower
19 floors
Pinkster St with Belinson St

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Kanarit Tower 2
18 floors
King Shaul Blvd

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Ayalon in the park
17 floors each

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Current site
No pic available

Lewinski Compound Towers
34 floors each
Lavende, Antebi, Yesod Hama'ala, and Rishon Le Zion Sts

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Atidim Tower 2 and 3
29-40 floors

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Proposed
[u]Yediot Achronot Tower[/b]
234 m (768 ft) and 65 floors
134 Menachem Begin Rd

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Renault Tower
203 m (666 ft) and 51 floors
HaMasger St

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Fain Towers 1 and 2
175 m (574 ft) and 50 floors each
Begin Rd

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Southern Kirya Tower
163 m (535 ft) and 44 floors

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Ta'as Towers 1-4
150 m (492 ft) and 40 floors each

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Someil City Towers 1-4
142 m (466 ft) and 40 floors each
Jabutinsky/Iben Gvirol Sts

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Motorola Tower
109 m (358 ft) and 30 floors

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Congress Tower
123 m (404 ft) and 34 floors
HaCongress and Shivat Zion Sts

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Kadlash Tower
94 m (308 ft) and 26 floors
Tozeret HaArets St

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Dever House
82 m (269 ft) and 23 floors
45 Shenkin and 30-B Maltzat Sts

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1 King Shaul Blvd
81 m (266 ft) and 23 floors
1 King Shaul Blvd

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Rothschild Plaza
37 floors
37 Rothschild Blvd

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Dan Tower
36 floors

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Dolphinarium Tower 1
36 floors
Herbert Samuel Promenade

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Dolpinarium Tower 2
26 floors
Herbet Sammuel Promenade

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Jewish Agency Tower
130 m (426 ft) and 32 floors
Kaplan St

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Ritz Carlton Hotel
28 floors
111 HaYarkon St

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Go here

Current site


Judges House
81 m (266 ft) and 24 floors
King Shaul Blvd and Iben Gvirol Sts

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ZOA House
24 floors
20 Iben Gvirol St

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Ne'eman Towers 4-10
13 floors each
2040 St

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Real-Estate Participations House
16 floors
44 Menachame Begin Way and Harakevet St

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Ha'rakevet Towers 1 and 2
12 floors each
Ha'rakevet St

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Deborah Ha'nevia Towers 1, 2, and 3
Atidim Compound

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Gazit Tower
37 floors
King Shaul Blvd

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Achoozat Ba'it Tower
30 floors
Rothschild Blvd

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Lessin Tower
30 floors
Weizmann St

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Elhanan Tower 1
110 m (361 ft)
Yitzhak Elhanan St

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Current site


Elhanan Tower 2
90 m (295 ft)
Yitzhak Elhanan St

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Resital Tower
20 floors
Menachem Begin Way

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Chelnov-Begin Tower
20 floors
Menachem Begin Way

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96 Hayarkon St
10 floors
96 HaYarkon St

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Bezeq Tower
17 floors
Lincoln St

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Current site

Recently Completed
Europe-Israel Tower (underwent rennovation)
95 m (312 ft) and 24 floors
Completed in 1979 and rennovated in 2004
2 Weizman St



Kanarit Tower 1
85 m (279 ft) and 18 floors
Completed in 2004
1 Leonardo Da Vinci St and King Shaul Blvd



Lev HaYir Tower (or City Heart Tower)
95 m (312 ft) and 26 floors
Completed in 2004
1 Yavene St with Mazeh St



Medial Tower
89 m (292 ft) and 23 floors
Completed in 2004
19 HaArba'a St



Menni House
14 floors
Completed in 2003
30-32 Yehuda HaLevi St



Ne'eman Tower 3
14 floors
Completed in 2004
2040 St



Chana House
18 floors
Completed in 2002
7 Adam HaCohen St



Fair Trade Center Hall (nearing completion)
Rokach Blvd near Yarkon Pk
Completed in 2004



The Police Building in Jaffa
Near Bloomfield Station
Completed in 2005


Last edited by TalB; Jan 27, 2005 at 6:36 PM.
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Old Posted Jan 22, 2005, 8:35 PM
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This is old news, but it's better to be late than never
City Hall unveils its plans to bring NYSoho to Tel Aviv
The Tel Aviv municipality is considering the construction of a huge residential neighborhood and commercial center project for artists, in the spirit of New York's Soho district. Ownership of the huge compound between Hamasger Street and the Ayalon highway, which covers an area of about 500 dunams (125 acres), is divided between private landowners and the city, which recently held a meeting to discuss the project.

Under the proposed plan, a multistory commercial and industrial complex similar to the Azrieli center will be built in the northern part of the compound, between Yisraeli and Kaplan streets, Tel Aviv municipal engineer Danny Kaiser said. Hundreds of residential units are planned for the entire area south of this point, in the region of the Montefiore neighborhood to Ben Avigdor Street.

The area currently houses light industry workshops and auto repair shops. The idea is to strengthen the compound by creating a special residential neighborhood that would include studio apartments. Kaiser said the target market for the plan is a population that is willing to live near main roads and a business center, adding that young people and artists who are happy living in less elegant surroundings are already moving into this area.

"Our approach," said Kaiser, "is that a business center should not be abandoned after office hours and that when it is combined with residences, the area feels safer and can be lively in the evenings, too."

Area for the proposed plan






Last edited by TalB; Jan 22, 2005 at 8:54 PM.
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Old Posted Jan 23, 2005, 6:29 PM
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A lowrise on Harakevet St is proposed to be the base for a new skyscraper that will use it.

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Current site (The proposed site is on the right-hand side)
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Old Posted Jan 25, 2005, 7:46 PM
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Correction for what's going for Kikar Hamedina.
http://www.globes.co.il/serveen/
Tel Aviv Local Planning C'tee rejects Kikar Hamedina design

The committee ruled that architect Avraham Yaski's plan deviated from the outline plan, which permits the construction of three high-rises.

Guy Yamin 20 Jan 05 18:36

The Tel Aviv Local Planning and Building Committee yesterday rejected a plan by architect Avraham Yaski for Kikar Hamedina. The site's landowners chose Yaski's plan for the site.
The Local Planning Committee ruled that Yaski's plan deviated from the instructions in the outline plan, which permits the construction of three high-rises. Yaski designed three pairs of high-rises - six buildings - with no links between them.

The Kikar Hamedina plan, approved in 2000, made headlines during the design competition 18 months ago. The Yaski & Partners firm won the design competition. The design called for three pairs of 25-storey high-rises, with 387 luxury apartments, 15,000 sq.m. of commercial space, 2,700 parking spaces, and 6,000 sq.m. of public space that would be given over to the Tel Aviv municipality.

Tel Aviv municipal engineer Danny Kaizer supported the design of architect Moshe Zur, while some landowners backed the plan submitted by the Rothman-Raz architectural firm. The Local Planning Committee asked all the project's developers to submit all the competing architectural designs.

A "Globes" investigation in October 2002, which relied on the professional parameters that were the basis for the architectural designs, found that Rothman-Raz's design was preferable to Zur's, and far more acceptable than Yaski's.

Published by Globes [online], Israel business news - www.globes.co.il - on January 20, 2005

Reject plan:Yaski & Partners


Winning plan:Rothman-Raz
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Old Posted Jan 25, 2005, 8:44 PM
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That is allot of projects.

TalB, Don't you live on the outskirts of NYC? How do you know so much about Tel Aviv?
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Old Posted Jan 27, 2005, 6:28 PM
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SJPhillyBoy, it's b/c I have family living in Tel Aviv as well as other parts of Israel.
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Old Posted Jan 28, 2005, 11:05 PM
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Construction plan for Tel Aviv wholesale market site approved

1,125 housing units, 100,000 sq.m. of office space, 20,000 sq.m. of commercial space, and a public park will be built on the site.

Dalia Tal 23 Jan 05 16:08

The Tel Aviv Regional Planning and Building Board objections subcommittee has authorized the plan for the city's wholesale produce market. Under the plan, the wholesale market's existing buildings will be demolished, and a commercial, business, and residential complex will be built on the on the 50-dunam (12.5-acre) site, located between Menachem Begin Rd. (formerly Petah Tikva Rd.), Carlebach St., and Hahashmonaim St.
The plan calls for the construction of a 40-storey high-rise along Begin Rd., and 12-storey buildings along Carlebach St. and Hahashmonaim St. The plan includes 1,125 housing units, 100,000 sq.m. of office space, and 20,000 sq.m. of commercial space, plus a 15-dunam (3.75-acre) open public space in the center of the site.

The planning board stipulated that most of the public space comprise gardens with easy and clear access, and wide passageways from all surrounding streets.

The cabinet decided to move the wholesale produce market to a 1,400-dunam (350-acre) site at Missubim junction. Moshav Kfar Azar opposes the decision, claiming that it has owned the land for many years, and has rights to it.

Published by Globes [online], Israel business news - www.globes.co.il - on January 23, 2005
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Old Posted Jan 28, 2005, 11:08 PM
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Tel Aviv light railway tender will be postponed further 5 months
The competing consortia announced that they would not meet the March 31 deadline.
Gal Nissim 17 Jan 05 19:22

The deadline for submitting bids in the Tel Aviv light railway tender will be postponed by at least five months. At a meeting with NTA Metropolitan Mass Transit System, representatives of the three competing consortia announced that they would not meet the March 31 deadline for submitting bids, and asked that it be extended.
The tenders committee, headed by Ministry of Finance deputy Accountant General Haggai Miller, is due to decide soon on another postponement of at least five months. The tenders committee has not yet convened to discuss the request by the consortia, but it is believed that the request will be granted for lack of choice.

The deadline for submitting bids in the build, operate, transfer (BOT) tender for the Red Line of the Tel Aviv light railway project has already been postponed twice. The original deadline was August 2004, and the deadline was first postponed to November, and then to March 31, 2005.

Under the original timetable, the railway was scheduled to go into operation in 2010, but the operating date will now be delayed until 2012.

Representatives of the consortia gave two reasons for their request for a postponement. The first is changes in the composition of the consortia as the result of the withdrawal of some companies, and the addition of others. The participating groups said that they had directed their efforts to assembling their consortia, and had not had time to prepare their bids. The second is that the tender is expensive and complex, requiring a high level of engineering expertise.

NTA general manager Yishay Dotan told “Globes”, “The groups have made a request, but the decision about a postponement will be made by the tenders committee.”

The cost of the project was initially estimated at NIS 1 billion. NTA now says that it will cost over NIS 6.5 billion, and the Ministry of Transport estimates the cost at NIS 8 billion.

Published by Globes [online] - www.globes.co.il - on January 17, 2005
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Old Posted Jan 28, 2005, 11:11 PM
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Power struggle over Tel Aviv's Beeri Nahardea project

Canadian investors are demanding immediate repayment of a $3 million debt. Bank Hapoalim has not approved financing for the project's second stage.

Shai Shalev 27 Jan 05 16:32

Dirom Construction Company (DROM), controlled by Ezra Khakshouri and the Reuveni family, has new troubles. After seemingly putting most of its troubles behind it by selling many properties, it turns out that celebrations were still premature. Dirom reports that it has received a demand for repayment of a $3 million debt from Bino Investments, controlled by Zadik Bino.
Dirom has been told to repay the loan early next week. If it does not do so, the holder of the bonds collateralized by Dirom's shares in Beeri - King Shlomo Towers Ltd., which is building the luxury Beeri Nahardea project in Tel Aviv, will sell the shares.

A query to Dirom found that the letter demanding repayment of the loan was sent by CE, a company owned by Canadian investors, represented by Adv. Dr. Avi Weinroth. In early November, CE signed an agreement with Dirom to acquire its 40% stake in, and its rights to, Beeri -King Shlomo Towers, for NIS 32 million, to be backed by construction of offices and residences in Warsaw.

Dirom claims that CE bought from Bino Investments bonds given as collateral for the debt, in order to use them to pressure Dirom to close its deal with CE. This deal, signed almost three months ago, has been delayed because a fundamental clause has not been met: Bank Hapoalim's (LSE: BKHD; TASE: POLI) willingness to lend NIS 200 million to finance construction of the second stage of the Beeri Nahardea project. The bank lent over NIS 250 million to finance the project's first stage.

Another possibility is that CE sees a chance to acquire shares in Beeri -King Shlomo Towers cheaply, by foreclosing the lean on the shares, while exploiting Dirom's cash flow problems. This would save CE half the cost it would have had to pay Dirom for its stake in Beeri -King Shlomo Towers under the terms of the deal.

Dirom, managed by Joseph Granot, announced today that it was examining with its legal advisors the legality of CE's demand, while simultaneously considering its options. "Globes" previously reported that a group of Canadian investors, operating through CE, was simultaneously negotiating to acquire A. Arenson Ltd.'s 20% stake in Beeri -King Shlomo Towers. It cannot be ruled out that this deal has already been completed.

Weinroth also represents Stooga International, which owns the remaining 40% stake in Beeri -King Shlomo Towers. Stooga is also controlled by Canadian investors, and the possibility that CE and Stooga's investors are one and the same cannot be ruled out.

Published by Globes [online], Israel business news - www.globes.co.il - on January 27, 2005
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Old Posted Jan 29, 2005, 5:53 PM
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Pics of the new park in the Gan A'hashnal area.


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Old Posted Jan 29, 2005, 6:54 PM
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Ah... no! I looked at all the project renderings, and selected about three as my favorites, and Kikar HaMedina was one of them.. and then I read that the design was rejected! It was much nicer than the new one, IMHO.

The best of all is 96 HaYarkon, and other good ones are Sitonai, and the South Kirya development.

Why are some towers "on hold", such as Amkor? BTW, from that rendering of it, it looks very wrong in the middle of low-rises on its own. That's not a suitable location for a 200 m + tower.
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Old Posted Jan 30, 2005, 6:53 PM
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The reason why it's on hold is b/c the company does not have the money it currently needs for the construction of it. You have to understand that construction/demolition is pretty expensive, and when there is not a lot of money, it's just put on hold. Amkor (Ampa) will hope to get the money to construct Tel Aviv's tallest from the revenue it gets from the other buildings and its current markets. Until then, it cannot be constructed. Being on hold does not mean that it's cancelled. Afterall, the foundation for the Amkor Tower has been made, and the company has not mentioned that they will have to scrap it.
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Old Posted Jan 31, 2005, 9:17 PM
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Here's an udpdated pic of the Dist Govt Ct from SSC by JIM CAREY.

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Old Posted Feb 2, 2005, 9:43 PM
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Here is the rednering for Tel Aviv's MOMA.

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Old Posted Feb 3, 2005, 7:05 PM
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Unfortunately, Tel Aviv will have bad projects like Wohl Ctr at Bar-Ilan University by Daniel Libeskind, which is in its final construction phases as posted by hebrewtext from SSC.




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Old Posted Feb 4, 2005, 4:46 AM
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Wow I had no idea there was so much going on in Tel Aviv, its Great!
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Old Posted Feb 6, 2005, 5:33 AM
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It has been around the last few decades. There are still a number of projects going on right now as there were then. BTW, the Weizman Ctr is completed, while Tzameret Tower 3 and the Museum Tower are both nearing completion as of last month.
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Old Posted Feb 8, 2005, 7:52 PM
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Clal Insurance to buy 2 buildings in Ramat Hahayal for $22m

One building is leased to the Police Yarkon Sub-District HQ, the other to Eurocom Communications. Clal Insurance expects to make a return of 8.5%.

Guy Yamin 8 Feb 05 17:50

Clal Insurance Enterprises Holdings Ltd. (TASE: CLIS) will sign an agreement next week to buy a lot in Ramat Hahayal, Tel Aviv, with two buildings, from Nof Haaretz Construction Enterprises Ltd. for $22 million. Clal Insurance reportedly expects to get a return of 8.5% on the deal.
The two buildings have 10,000 sq.m. in aggregate space. The first building, with 4,000 sq.m., was leased to Eurocom Communications in late 2004 at $730,000 a year in a seven-year index-linked lease. Eurocom will occupy the premises in early 2006.

The second building, with 6,000 sq.m., was leased to the Israel Police Yarkon Sub-District in mid-2004. The police will pay $1.14 million a year in a 20-year lease, for a total of $22.8 million. The police will pay $12.50 per sq.m. per month, plus $90 per month for each parking space. The police expect to occupy the premises in late 2005. The building is now being adapted to the police's specifications to replace the Yarkon Sub-District's current headquarters on Harakevet St. in south Tel Aviv.

Published by Globes [online], Israel business news - www.globes.co.il - on February 8, 2005
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Old Posted Feb 9, 2005, 10:18 PM
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January rail passenger traffic up 21%

Israel Railways carried 2.2 million passengers in January 2005.

Gal Nissim 7 Feb 05 17:05

Israel Railways carried 2.2 million passengers in January 2005, 21% more than in January 2004. Israel Railways' 2005 target is 26.1 million passengers.
Israel Railways reports 71,000 passengers on the Tel Aviv-Ben Gurion Airport line. The number of passengers using the Tel Aviv-Ashdod line rose 23%, compared with January 2004, to 350,000.

Israel Railways general manager Yosef Mor said the Tel Aviv-Jerusalem line would be inaugurated this year, and the Ashdod-Ashkelon and Tel Aviv-Kfar Saba tracks would be doubled.

Published by Globes [online], Israel business news - www.globes.co.il - on February 7, 2005
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Old Posted Feb 11, 2005, 9:37 PM
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The government agencies are paying $15.60 per sq.m. per month in rent in 20-year contracts.
Guy Yamin 6 Feb 05 14:52

The south Ministry of Defense headquarters (the Kirya) compound in Tel Aviv opened last week, and various government ministries and agencies are now occupying the premises. Half Jubilee Ltd., owned in equal shares by Africa-Israel Investments (TASE: AFIL) and Minrav Holdings (TASE: MNRV) built the project. The first stage comprises a 24-storey tower with 48,000 sq.m. of office, main and service space, and 1,000 sq.m. of commercial space on two floors. The project's second stage is still under construction, and scheduled for completion by year-end. The second stage, comprising 26,000 sq.m. of office space on 13 floors, is now being marketed.
The government agencies occupying the building include the Israel Tax Authority (22,000 sq.m.), the Ministry of the Interior (4,000 sq.m.), the Ministry of the Environment (2,000 sq.m.), the Ministry of Housing and Construction (3,000 sq.m.), the Ministry of Justice and Land Registry (4,000 sq.m.), the Israel National Employment Service (3,000 sq.m.), the Israel Land Administration (ILA) Tel Aviv and Central Regions (4,000 sq.m. each), the Government Printing Office (1,000 sq.m.), and the Civil Service Commission (1,000 sq.m.).

The government agencies are paying $15.60 per sq.m. per month in rent and $7 per sq.m. in management fees in 20-year contracts. The 36,0000 sq.m. in space the agencies are vacating are in the jurisdiction of the Tel Aviv municipality.

Published by Globes [online], Israel business news - www.globes.co.il - on February 6, 2005
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