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New Residential Neighborhood Approved in Prestigious Caesarea
The Haifa District Planning and Building Commission has approved plans for a new residential neighborhood in Caesarea, marking the town's first high-density housing project. Initiated by the Caesarea Development Company, the development, designated as Neighborhood 14, will span approximately 280 dunams.
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What happened
- 01The Haifa District Planning and Building Commission approved Neighborhood 14 in Caesarea, featuring 735 housing units on 280 dunams.
- 02The project is Caesarea's first high-density housing development, introducing apartment buildings to the luxury villa town.
- 03The approved plan includes 475 units in apartment buildings and 260 units in duplexes and four-family homes.
- 04Initiated by the Caesarea Development Company, the project represents a 16 percent increase in units over earlier proposals.
- 05The neighborhood will be located near the Or Akiva interchange, west of Highway 2, and north of the golf courses.
- 06Acoustic buffers and regulations are integrated into the plan due to the development's proximity to Highway 2.
- 07The new neighborhood will feature public buildings, commercial spaces, and an internal road system connecting to existing areas.
The project will introduce 735 new housing units, which is a 16 percent increase from the initial proposals. The plan includes about 475 units in multi-family apartment buildings and approximately 260 units on lots for duplexes and four-family homes, averaging six housing units per dunam. This represents a shift for the upscale coastal town, which is traditionally known for its luxury villas and is home to Prime Minister Netanyahu's residence.
Located at the entrance to the town near the Or Akiva interchange, west of Highway 2, and north of the existing golf courses, the neighborhood will also feature public buildings, commercial spaces, and open areas. Due to its proximity to Highway 2, the plan incorporates acoustic buffer zones and regulations. While specific pricing has not been determined, existing properties in Caesarea are valued in the millions of shekels.
Summarized by baba from the reports of 3 newsrooms. Updated
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