Saturday, October 18, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Work begins on large new Tel Aviv neighborhood

by Yossi Nisani
June 10, 2023
in Business
Reading Time: 3 mins read
A A
0
Home Business
Share on FacebookShare on Twitter

Infrastructure works have begun on the TA/3700 in the northwest corner of Tel Aviv for a neighborhood that will eventually house 50,000 people. The plan has suffered from many delays and work is still not ready to begin on construction but the Tel Aviv-Yafo Municipality is investing hundreds of millions of shekels in the infrastructure.

The municipal budget for the project is NIS 166 million out of an overall budget of NIS 241 million. In addition, NIS 220 million has been allocated for establishing a pneumatic garbage removal system in Sde Dov to the immediate south of the new neighborhood.

Guy Godelnik, director of integrated projects at the Tel Aviv-Yafo Municipality says, “The system works like a giant vacuum cleaner and pulls the garbage from every residential building, so that trucks don’t even have to enter the neighborhood to remove the garbage. The infrastructure for such a system is the deepest, so it was important for us to establish it now, So that we don’t have to dig deep when there are already other infrastructures in place, such as the infrastructure of the green line of the light rail that will run through the neighborhood.”

Another important project for the TA/3700 neighborhood is a new north-south major highway which will be an extension of Tel Aviv’s Ibn Gbriol Street linking up from its current northern end point in southern Sde Dov and taking it through to Herzliya. This project will cost NIS 550 million.

Godelnik says, “This is about opening a completely new traffic axis, from Rokach Street to Herzliya – a new road about five kilometers long. This project is being carried out. The green line of the light rail will also run along this road, so we are planning to transfer a 13-meter strip of the area to NTA, as early as 2024 for the tracks.”

Two other infrastructure projects for the neighborhood are the construction of the coastal park, which will cover 400 dunams (100 acres), and the digging of a system of canals, a “conveyor for water drainage” which will enable the rapid drainage of rainwater from the neighborhood directly into the sea.

Godelnik explains, “Today, the entire area of TA/3700 is sand, and the ground drains the rainwater naturally. When buildings and housing are constructed, there will be less seepage and pooling areas in this area, so we built a new conduit to the sea, a canal with an internal diameter of 3.2 meters and a length of 480 meters, which will actually provide a new outlet to the sea to deal with the runoff in the future – this is important due to climate change and the change in the rainfall regime in our region.”

NIS 50 million shekels were invested in the drainage project in the neighborhood. Other drainage projects are currently being carried out in the city, at a total investment of about NIS 150 million.

Work is also being conducted as part of the first phase of the neighborhood’s coastal park, which will connect Tel Baruch Beach to the Cliff Beach. The works are being carried out by Atarim, the municipal corporation responsible for the development and management of the Tel Aviv-Yafo coast, and the park will include a pedestrian promenade, a bicycle path, landscape restoration, lighting and signage, at an investment of NIS 75 million.

Published by Globes, Israel business news – en.globes.co.il – on June 8, 2023.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.




Source link

Tags: AvivbeginsLargeneighborhoodTelwork
Previous Post

The shocking real reason DeSantis targeted New College is foretelling of things to come

Next Post

Using cash like a millionaire may not work for investors. Here’s why

Related Posts

India Gold Market Update: Festive Shine

India Gold Market Update: Festive Shine

by World Gold Council
October 18, 2025
0

This text was written byComply withThe World Gold Council is the market improvement group for the gold business. Our function...

HDFC Bank, ICICI Bank, UltraTech Cement, And More

HDFC Bank, ICICI Bank, UltraTech Cement, And More

by Ann Jacob
October 18, 2025
0

HDFC Financial institution is predicted to clock a standalone revenue of Rs 17,345.41 crore for the quarter, with its Web...

Economic decolonisation reshaping entrepreneurship – The Hindu BusinessLine

Economic decolonisation reshaping entrepreneurship – The Hindu BusinessLine

by Euro Times
October 18, 2025
0

A part of the decolonisation effort includes a aware effort to reclaim and worth India’s cultural heritage, beforehand usually undervalued...

Webster Financial signals expanded HSA opportunity as regulatory changes widen 2026 outlook (NYSE:WBS)

Webster Financial signals expanded HSA opportunity as regulatory changes widen 2026 outlook (NYSE:WBS)

by SA Transcript Insights Editor
October 17, 2025
0

Searching for Alpha's Disclaimer: The earnings name insights are compilations of earnings name transcripts and different content material out there...

Police in Afghanistan accuse Pakistan of cross-border strikes after ceasefire ends

Police in Afghanistan accuse Pakistan of cross-border strikes after ceasefire ends

by Euro Times
October 17, 2025
0

Pakistan's army carried out strikes in southeastern Afghanistan on Friday simply hours after a two-day ceasefire between the neighboring nations...

Wall Street Breakfast Podcast: Bank Worries Drag Futures

Wall Street Breakfast Podcast: Bank Worries Drag Futures

by Wall Street Breakfast
October 17, 2025
0

peshkov/iStock by way of Getty Photographs Hear beneath or on the go on Apple Podcasts and Spotify Inventory index futures...

Next Post
Using cash like a millionaire may not work for investors. Here’s why

Using cash like a millionaire may not work for investors. Here's why

Germany stocks mixed at close of trade; DAX up 0.18% By Investing.com

Germany stocks mixed at close of trade; DAX up 0.18% By Investing.com

Pakistan and Afghanistan to hold peace talks in Doha — RT World News

Pakistan and Afghanistan to hold peace talks in Doha — RT World News

October 18, 2025
Tulipmania Reconsidered, Reconciling Austrian Perspectives

Tulipmania Reconsidered, Reconciling Austrian Perspectives

October 18, 2025
A phone I want to love, but can’t

A phone I want to love, but can’t

October 18, 2025
India Gold Market Update: Festive Shine

India Gold Market Update: Festive Shine

October 18, 2025
PoJK political crisis: 3 ministers resign from Chaudhary Anwarul Haq’s cabinet; accuse him of neglecting Kashmiri refugees’ rights

PoJK political crisis: 3 ministers resign from Chaudhary Anwarul Haq’s cabinet; accuse him of neglecting Kashmiri refugees’ rights

October 18, 2025
Who are the released hostages?

Who are the released hostages?

October 18, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Pakistan and Afghanistan to hold peace talks in Doha — RT World News

Tulipmania Reconsidered, Reconciling Austrian Perspectives

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In