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Simulation of project
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International tender for huge Tel Aviv project
Huge mall, 1,700 housing units to be built in central Tel Aviv at a cost of $1 billion
Ofer Petersburg
The Tel Aviv municipality published an international tender for the construction of a 15,000 square meter mall and a new neighborhood compiling 1,700 housing units.
The projects are part of a plan to completely transform the Hashmonaim Street complex in the city. As part of the plan, a European-style square will be built on a public parking lot in Haarbaa Street; vehicle traffic will be banned in the Kirya compound and six residential towers will be erected there.
Huge mall, 1,700 housing units to be built in central Tel Aviv at a cost of $1 billion
Ofer Petersburg
The Tel Aviv municipality published an international tender for the construction of a 15,000 square meter mall and a new neighborhood compiling 1,700 housing units.
The projects will be built on the area which until recently served the wholesale market in Tel Aviv.
Menahem Leiba, director-general of the Tel Aviv municipality, explained that the tender would be international because construction costs are slated to exceed $1 billion, a cost local entrepreneurs may not be able to meet.
Additionally, galleries and cafes will be opened along Kaplan Street in the area of the renovated Templer Houses.
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