Herzliya approves plan for 112 homes

The Herzliya Local Planning and Building Commission has approved a plan to rezone the city's old Bezeq switchboard building into a residential project.

The Herzliya Local Planning and Building Commission has approved a plan to rezone the city's old Bezeq switchboard building into a residential project. One of the property's lots was purchased by real estate developer Reality Fund, and the other is privately owned.

The developers plan to build two 15-storey buildings with 112 apartments. Half of the apartments will be small, up to 75 square meters.

Published by Globes [online], Israel business news - www.globes-online.com - on October 8, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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