According to the plan, the army buildings will be replaced by two residential buildings, with 45 stories each, two office buildings as well as a new mall. One of the office buildings is expected to be the tallest in Israel with some 80 floors.
The project aims to revive the historic Templar colony in Tel Aviv's center. Construction is scheduled to begin within three years.
The plan is being coordinated with the Finance Ministry, Israel Land Administration, and the Tel Aviv Municipality. The general concept is to add the Kirya to other Central Israel army bases that are being cleared out of the area, after the recent evacuation of the "southern Kirya" complex.
Israel Land Administration officials decided to expand the project after witnessing its success. "The army does not belong at the heart of a bustling metropolitan," they said.
The new neighborhood will still retain several army buildings, primarily those built in the last few years.
The 30 Templar structures currently part of the Kirya complex are slated to become part of the new Sharona commercial center being built south of Kaplan street. The new complex will offer fashion stores, offices, restaurants and bars.
The Defense Ministry confirmed the report.
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