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45-floor building approved for central Tel Aviv junction

by Maya Levin
November 4, 2025
in Business
Reading Time: 2 mins read
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The Tel Aviv-Yafo Native Planning and Constructing Committee final week accredited the “Menora Allenby” plan for the development of 45-floor combined function constructing to interchange Beit Menora between Allenby, Yehuda Halevi and Yavne Streets. The constructing on a 4.9 dunam (4,900 sq. meters) website has been designed by the Moore Yaski Sivan (MYS) architects agency on the initiative of Menora Properties & Investments and Financial institution Hapoalim.

The 45-floor constructing will embrace 110 residences of which 15% will probably be reasonably priced properties. The constructing may also embrace 45,000 sq. meters of workplace house, business house and a resort.

The brand new constructing will substitute the 13-floor Beit Menora (previously Beit Sneh) and two three and four-floor buildings. As paret of the plan Allenmby Avenue will probably be widened and a public sq. constructed linking as much as the underground gentle rail stations on the Purple and Purple Strains. The plan additionally features a park, playground and public buildings.

Plan accredited regardless of objections by native residents

The plan was met with a collection of objections, which have been dismissed by the native committee. Among the many distinguished opponents have been the tenants of the “Meyer” constructing, at 36 Rothschild Avenue, situated close to the deliberate mission. One of many foremost points raised is the site visitors congestion within the space. In keeping with the tenants, a lot of the site visitors within the space drains onto Yavne Avenue, and there’s already main congestion there. They declare that constructing one other tower will improve congestion on close by streets and hurt the standard of life.

Opponents additionally claimed that environmental and site visitors issues weren’t adequately examined when contemplating the plan, and careworn the necessity for a complete site visitors survey on the influence on transport and parking within the space, particularly because of present site visitors congestion within the space. In keeping with the opponents, the high-rise may considerably hurt tenants and their households.

The native committee rejected the objections and famous {that a} site visitors appendix was hooked up to the plan, which was accredited by the site visitors division.

Opponents additionally raised considerations relating to the peak of the tower and different objections have been raised by the landlords and store house owners close to the mission. Right here too the committee rejected the objections, saying, “In the course of the building section, the mission builders will probably be required to behave in accordance with legislation and in accordance with constructing permits legitimate for your complete building interval and to attenuate as a lot as attainable the harm to close by heaps, as is finished on each lot within the metropolis.”

Revealed by Globes, Israel enterprise information – en.globes.co.il – on November 4, 2025.

© Copyright of Globes Writer Itonut (1983) Ltd., 2025.




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