The Tel Aviv Regional Planning and Building Commission yesterday approved the Carmel Market renovation plan, three months after objections to the plan were lifted and an agreement was signed with the Carmel Market traders committee.
The Carmel Market renovation is part of a larger project, which was approved for the Western Market, the Carmelit underground parking garage, Hakovshim Park, and other lots owned by the Israel Land Administration. The plan covers 75 dunam (18.75 acres) zoned for various uses in south Tel Aviv. It includes building rights for 160 apartments, 17,766 square meters of commercial space, a 5,515-square meter logistics center, 7,196 square meters of public buildings, an 11,730-square meter mixed use commercial, tourist and residential center, and a 14,590-square meter open-air market.
The plan also proposes to rezone temporary lots for public purposes for residents of Kerem Hateimanim (the Yemenites Vineyard) and Kerem Israel neighborhoods. The plan defines the building rights and guidelines for the areas surrounding the Carmel Market to enable urban renewal of the whole area. The area west of the Carmel Market will have building rights for residences, hotels, and commercial and office space.
The Ministry of Interior said that the plan's primary purpose was to upgrade, strengthen, renew, and rehabilitate the Carmel Market, Tel Aviv's main open-air market, and the Western Market, by integrating them with unique urban residences, the construction of logistics anchors and open public spaces for the entire area. The plan will regulate the market's statutory standing for the issuing of future building permits for reconstruction and renovation, the replacement of old infrastructures, garbage removal and recycling, and other purposes.
Published by Globes [online], Israel business news - www.globes-online.com - on April 3, 2013
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