Final plans for the 100-story building that will be situated on Tel Aviv, Ramat Gan and Givatayim’s border, have been given the final thumbs up by Tel Aviv’s District Planning and Building Commission. The office tower will be the largest in Israel.
Building Location & Size
The building site, owned by the TA municipality, is in the center of the city’s business district that extends between Jabotinsky Street, Ramat Gan; Shefa Tal Street, Givatayim; the ramp to exit the Ayalon Highway (Arlozorov junction) near Savidor Railway Station; and Tel Aviv’s Red Line light rail system.
The main space of the 100-floor plant comprises 120,000 Sq m for public space, hotels, offices, and commerce. Besides the tower, there will be double 6-story communal buildings erected nearby. In the future, the municipality of Tel Aviv will establish how these will be used.
It is thought that the municipality will shortly issue a bid to promote the plot to developers. Given the project’s scope, as well as that it is mainly intended for use as hotels and offices, the tender might attract large office-focused TASE-listed companies — such as Amot Investments Ltd.; Nitsba Holdings Ltd.; and Azrieli Group Ltd. Cooperation is also expected from hotel industry players and income-producing companies in the real estate business.
At first there were objections to the tower primarily from occupants of prevailing buildings and buyers of flats in towers in the area still under construction. TA municipal engineer, Oded Gvuli, as well as Ayalon Highways Co. also submitted objections. Nevertheless, the plans were approved, though there are several changes that need to be made.
These include expanding the area reserved for community structures to 10,000 Sq m from 5,000 without raising the quantity of space needed for the actual tower’s construction. The designated space for public use — which includes use by the adjacent Nahalat Yitzhak neighborhood — can go towards sports, leisure, religious and educational services, municipal offices, as well as welfare, community, and health amenities — all subject to the decision of the municipality.
Instructions were also given that a bridge be built for pedestrians between the planned tower and Givatayim’ s adjoining south tower as well as one over Ramat Gan’s Jabotinsky Street on the north side. These bridges were denoted as future options in the addenda of the plans.
Designed by architect Guy Miloslavsky and Amnon Schwartz Architects, the plan accentuates the improvement of the civic space amidst the buildings as well as foot traffic between areas on the different street levels — counting the community level surrounding the Ayalon scheduled for roofing.