The Tel Aviv Regional Planning and Building Board has approved the Tel Aviv wholesale market plan. The plan for site between Carlebach St., Hashmona’im St. and Begin Rd. includes 1,125 housing units, with an option for 1,600 units by converting commercial space for residences; 100,000 sq.m. of commercial space; and 20,000 sq.m. of public buildings.

The plan calls for four 40-storey high-rises along Begin Rd., 12-storey buildings along Carlebach St. and Hashmona’im St., and 15 dunam (3.75 acres) of open public space.

The Tel Aviv municipality owns the land, which is leased to the Wholesale Market Co. of the Tnuva group, which submitted the plan.

Ron Paz - 14 Aug 05
source - http://www.globes.co.il

Last Updated: 19-08-2005