80-floor ToHa2 Tel Aviv tower design approved

Tel Aviv's ToHa2 tower

The new tower will sit alongside the distinctively shaped 33-floor ToHa1 tower.

The Tel Aviv Local Planning and Building Committee has approved the design plan for the 80-floor ToHa2 tower. The new tower will be built alongside the ToHa tower at the corner of Yigal Alon and Totzeret Haaretz Streets, the 33-floor tower, which was completed two years ago and is known for its distinctive design and shape.

Both buildings were designed by the Israeli-British architect Ron Arad in collaboration with the Israeli architect Avner Yashar. Both buildings are being developed by Amot Investments Ltd. (TASE:AMOT) and Bayside Land Corp. Ltd.(Gav Yam) (TASE: BYSD1). Approval of the design is a prerequisite for receiving a building permit and an important stage in the progress of the project.

The new 80-floor building will have 102,000 square meters of office and commercial space compared with 38,000 square meters on the 33 floors of ToHa1. There will also be a third five-floor building with 1,900 square meters of space.

Published by Globes, Israel business news - en.globes.co.il - on February 10, 2021

© Copyright of Globes Publisher Itonut (1983) Ltd. 2021

Tel Aviv's ToHa2 tower
Tel Aviv's ToHa2 tower
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