The Tel Aviv Neighborhood Preparing and Constructing Committee has authorized for deposit a system to construct a new neighborhood, at the entrance to Ramat Hahayal close to the Shikun Dan community in northeast Tel Aviv. Underneath the approach, 740 housing models, a faculty with 36 lecture rooms, six kindergartens and 1,350 square meters of professional area will be developed.

The community will be constructed on the web-site of the Dan bus depot. 97 of the residences will be very affordable homes and 15% of the homes will be for prolonged-expression rental. 25% of the flats will be no larger than 50 square meters, 30% will be an ordinary of 75 square meters, 30% will be an regular of 95 sq. meters and 15% will be 110% square meters in dimensions.




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The Dan bus depot is a triangular website bordered by Mishmar Hayarden Road, Raoul Wallenberg Street, Pinhas Rosen Road, and Nahlaot Road. The structures along Raoul Wallenberg Street and Pinhas Rosen Street will be 19-floors superior and along Mishmar Hayarden Road 15-floors high. The relaxation of the buildings will be seven floors significant.

Serious estate appraiser Irit Vanunu believes that the residences will be promoted for NIS 50,000 for every square meter. “We are chatting about a pretty central location in north Tel Aviv,” she explained. Vanunu expects the venture to draw in monetarily audio folks with funds and the reasonably priced apartments won’t harm the task. With regards to rents, she expects 4 rom residences to be leased for NIS 10,000 a thirty day period.

Posted by Globes, Israel company information – en.globes.co.il – on June 12, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.


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