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CalcalistEconomy

Tel Aviv District Committee Approves Plan to Demolish Atarim Square for New Towers

Translated & summarized from Calcalist by baba

BusinessNeutral tone

Hebrew · 1 newsroom

The Tel Aviv District Planning and Building Appeals Committee has finalized approval for a new construction plan at Atarim Square, ending a 13-year dispute and allowing for the demolition of the current square. Three new buildings will be constructed, including two 25-story towers, adding 300 hotel rooms and 220 apartments. The plan aims to connect Ben Gurion Boulevard to the sea and enhance access to the promenade. An appeal by Spee Tzviyali and Airport City regarding their share of building rights was rejected.

The story in 5 lines · by baba

  • Tel Aviv's Atarim Square demolition and redevelopment plan received final approval after 13 years of disputes.
  • Two 25-story towers will be built, alongside a six-story building, adding 300 hotel rooms and 220 apartments.
  • The project aims to connect Ben Gurion Boulevard to the seashore and improve promenade access.
  • The decision by the District Appeals Committee allows for the demolition of the existing square.
  • An appeal by Spee Tzviyali and Airport City concerning their building rights was denied.

The Tel Aviv District Planning and Building Appeals Committee has given final approval to a new construction plan for Atarim Square in Tel Aviv, ending 13 years of planning disputes and paving the way for the demolition of the existing square. Opponents of the plan can now only appeal to the High Court of Justice (Bagatz).

The demolition will allow for the connection of Ben Gurion Boulevard to the seashore. A new square will be created at street level at the western end of the boulevard, with a garden to its west providing access to the Tel Aviv promenade. In place of the current structures, three new buildings will be erected, comprising a total of 300 hotel rooms and 220 apartments.

The eastern section will feature a six-story building with commercial space and a hotel. The western part of the complex will include two 25-story towers, situated north and south of the garden connecting to the promenade. The northern tower will house a mix of residential, commercial, and public spaces, while the southern tower will be dedicated to hotel, residential, and commercial use.

The plan, initially approved by the Tel Aviv Municipality's Local Committee in February 2025, faced 11 appeals. Six of these addressed planning issues, while the rest concerned the allocation of building rights among the complex's stakeholders. The planning was led by the JTLV fund, acting on behalf of the main rights holders, the heirs of Mushlam Fisher and his partner Mathew Bronfman. A significant objection to the rights allocation table came from Spee Tzviyali and Airport City, who jointly purchased the Atarim Square parking lot. Their appeal to increase their share of the new complex's building rights, which was set at 15.7% by the Local Committee, was denied.

CalcalistOther · Tel Aviv

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