Azorim Begins Demolishing 108 Apartments in Ramat Hasharon for New Project

The real estate company Azorim has commenced the demolition of four old residential buildings located at 4-10 Yitzhak Elhanan Street in the Kiryat Yarim neighborhood of western Ramat Hasharon. This action is part of a Tama 38/2 urban renewal project, which will see 108 existing apartments replaced by 220 new ones. The current three-story buildings occupy a 9-dunam (approximately 2.25 acres) site.

Azorim will construct the "Azorim Yarim" project in their place, featuring five new buildings ranging from seven to eight stories high. The architectural design, by Kika Braaz Architects and Urban Planners, emphasizes the preservation of the existing mature garden at the complex's center. The new design will maintain a central green space for residents, mirroring the 'U' shape of the old buildings surrounding the garden. This project is situated in a western Ramat Hasharon area predominantly characterized by low-rise and single-family homes, with the design aiming to integrate into the existing urban fabric and preserve green space.

Alongside the demolition, Azorim has launched sales for the new apartments, which include 3-to-6-room units, garden apartments, and penthouses, with prices starting at NIS 3.7 million. The demolition ceremony was attended by Ramat Hasharon Mayor Isaac Rochberger, Azorim CEO Adi Dana, company executives, and apartment owners.

This project joins other initiatives by Azorim in the Sharon region, including a 252-unit project in southern Ramat Hasharon and a large development in Herzliya featuring approximately 1,850 housing units, commercial spaces, a country club, and significant green areas. Azorim CEO Adi Dana stated that urban renewal constitutes over 60% of the company's current activity, calling it a key tool for upgrading old buildings, infrastructure, and creating better living environments.

Ramat Hasharon Mayor Isaac Rochberger commented that the old buildings are being replaced by new, quality, and safer construction, emphasizing the need for urban renewal to improve the living environment while preserving the city's character. Attorney Keren Freshker, representing the apartment owners, noted the project's significance as the Tama 38 quota for western Ramat Hasharon has been exhausted, meaning other projects in the area require specific zoning plans, while this project proceeds under existing regulations.