Israel Land Authority tender: New business center in the heart of Tel Aviv

• Published date: 21 April 2024
• Author: OFER PETERSBURG
• Publication title: Jerusalem Post, The: Web Edition Articles (Israel)

Encompassing around 19 hectares, the project spans east of Derech Begin, south of The Hasmoneans and the Four St., north of Kaplan St., and west of Leonardo da Vinci St. This tender marks a new phase in the development of a mixed-use business and residential center, integrating both open spaces and existing structures in a prime city location

The upcoming neighborhood is slated to feature a central urban hub spanning approximately 5 hectares, incorporating commercial zones (approximately 25,000 square meters), office spaces (around 354,000 sq.m.) and public facilities (roughly 16,900 sq.m.).

Additionally, the development includes approximately 648 units of "D Special" housing across a 2-hectare area, with allocated spaces for tourism and vacation hotels...