Tel Aviv Approves Plan to Preserve Romano House Amid New Towers
Translated & summarized from TheMarker by baba
Tel Aviv's District Planning and Building Committee approved a plan to preserve the historic Romano House. The Ybox company will receive building rights for two 45-story towers with about 240 apartments in exchange for preserving the Romano House as a public space.
The story in 4 lines · by baba
- Tel Aviv's District Planning and Building Committee approved a plan for Romano House.
- The historic Romano House will be preserved with its inner courtyard.
- Ybox company will build two 45-story towers with approximately 240 apartments.
- The Romano House will serve as a public space connecting key city areas.
A plan to preserve and renew the historic Romano House in Tel Aviv has been approved by the District Planning and Building Committee. The Romano House, which was transferred from Ybox ownership to the municipality, will undergo construction additions while preserving its historical space and inner courtyard. In exchange for preserving the structure as a public space connecting Jaffa Road, HaMesila Park, and Beit HaBad Alley, the Ybox company will receive additional building rights. These rights will be used for the construction of two adjacent 45-story towers, expected to contain approximately 240 apartments, and an additional tower on Begin Street. The company Ybox also received rights for another tower in the Hassan Arafa complex.
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