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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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