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Ness Ziona Approves First Urban Renewal Project Amid Construction Limits
Ness Ziona has approved its first urban renewal "pinui-binui" project, demolishing seven old buildings with 120 apartments to construct nine new buildings with 387 units. This marks a significant shift after years of strict building limitations aimed at preserving the city's character.
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What happened
- 01Ness Ziona approved its first urban renewal project, replacing 120 old apartments with 387 new ones.
- 02The project involves demolishing seven old buildings to construct nine new ones up to 14 stories high.
- 03The city, a desirable and expensive area, has historically faced construction limits and limited housing supply.
- 04New master plan allows for up to 14-story buildings, overcoming previous economic barriers for developers.
- 05The project is projected to yield a gross profit of approximately 168 million shekels.
The project is expected to generate approximately 168 million shekels in gross profit and address the high demand for housing in the desirable city.
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