Two high-rise buildings approved for Herzliya Pituah

Herzliya Pituah project Photo: Rona Cohen Architects
Herzliya Pituah project Photo: Rona Cohen Architects

Mixed use buildings of 18 and 30 storeys will be erected including apartments, commercial space and hotels.

The Tel Aviv District Planning and Building Commission in the Planning Administration has deposited two plans in the Herzliya Pituah industrial zone according to a policy document for the industrial zone approved by the Local Planning and Building Commission. Under the plan, a three-storey building will become an 18-storey building and an eight-storey building will become a 30-storey building.

The first plan concerns Beit Amron, a three-storey building owned by Industrial Buildings, located at the corner of Abba Eban Street and Arie Shenkar Street (the entry to the industrial zone). Existing construction rights for the site are for 20 storeys.

According to Industrial Buildings' plan, however, construction rights will be increased to 30 storeys, with multiple uses: a commercial floor on the street façade, offices, 100 two-room 50-meter apartments, hotel rooms, and public space. The apartments are designed for individuals or couples, employees working in the industrial zone, or students. The District Planning and Building Commission emphasized that permission to increase the rights from 20 to 30 storeys depended on removing restrictions by the Civil Aviation Authority and the Ministry of Defense.

The second plan concerns a lot at the corner of 16 Arie Shenkar Street and Hachoslim Street owned by Migdal Insurance and the Sirius investment company. The lot contains two buildings of six and eight storeys.

Under the plan promoted by Migdal and Sirius, an 18-storey building will be erected on the site with 175 apartments of up to 50 square meters each, hotel rooms, and public space. The plan also redefines the public space in the public square with commercial facades. The plan relies on the existing parking lot on the site, without adding any space for parking of private vehicles in order to encourage the use of public transportation and a future passageway to the Tel Aviv light rail Green Line.

In December 2018, the District Planning and Building Commission published an announcement that it was preparing an outline plan for the western Herzliya industrial zone, based on a policy document approved by the Local Planning and Building Commission. The purpose of this document was to examine various aspects of the dynamic needs of the industrial zone and propose a policy that would turn the industrial zone into an accessible, dynamic, and active place.

The outline plan will include enhancement of construction rights, while providing options of adding residential and hotel uses to the existing commercial and office uses. The plan emphasizes the use of public transportation and gives priority to pedestrians and bicycle riders. The Commission ruled that until the outline plan is approved, detailed plans can be promoted according to the policy as long as they do not exceed the amount of space approved in the general deposited outline plan.

Published by Globes, Israel business news - en.globes.co.il - on March 31, 2019

© Copyright of Globes Publisher Itonut (1983) Ltd. 2019

Herzliya Pituah project Photo: Rona Cohen Architects
Herzliya Pituah project Photo: Rona Cohen Architects
Itamar Ben-Gvir  credit: Noam Moskowitz, Knesset Spokesperson's Office Otzma Yehudit rejoins government

Itamar Ben-Gvir's party left the government in January in protest against the ceasefire in Gaza. The resumption of fighting has paved its way back.

Wiz founders Yinon Costica, Assaf Rappaport, Ami Luttwak, Roy Reznik credit: Avishag Shaar Yishuv Israel's biggest ever exit: Google buying Wiz for $32b

Google has confirmed that an agreement has been signed for an all-cash deal. Wiz will remain an independent company under Google.

Bezhalel Machlis  credit: Assaf Shilo/Israel Sun Elbit Systems CEO: Our potential in Europe is huge

Bezhalel Machlis was speaking at an investor conference after the company released 2024 results showing revenue up 14.3%.

Gaza Strip, March 17 2025  credit: Reuters/Anadolu IDF resumes assault on Hamas

Extensive aerial attacks were carried out against targets in the Gaza Strip overnight.

Wiz founders Yinon Costica, Assaf Rappaport, Ami Luttwak, Roy Reznik credit: Avishag Shaar Yishuv Google renews attempt to buy Wiz - report

According to "The Wall Street Journal", Google parent company Alphabet is negotiating to buy the Israeli cloud computing security company for $30 billion.

Orit Strook  credit: Marc Israel Sellem/The Jerusalem Post Finance C'ttee approves NIS 300m coalition funds distribution

The money will mainly go to Religious Zionist party minister Orit Strook's Ministry of Settlements and National Missions.

Dangoor Academy  credit: British Embassy in Tel Aviv British Embassy showcases Israeli healthcare startups

The nine startups participated in the Dangoor HealthTech Academy, a program that connects Israeli startups with the UK healthcare system.

NextVision Stabilized Systems  credit: Shlomi Yosef/Tali Bogdanovsky Next Vision shareholders make NIS 230m exit

A British hedge fund has bought a 2.5% stake in the stabilized cameras company.

Energean CEO Mathios Rigas at the Israel Business Conference   credit: Shlomi Yosef Energean's $1b gas fields sale at risk

The sale of the energy company's asset portfolio in Egypt, Italy and Croatia may fall through because of the buyer's difficulties with the Italian regulator.

Kela Technologies founders Jason Manne, Hamutal Meridor, Alon Dror and Omer Bar Ilan  credit:  Yosef Haim Alterman Defense tech co Kela raises $39m

In response to the events of October 7, Kela has developed a platform for rapid integration of commercial technologies into military systems.

Benjamin Netanyahu  credit: ‎Alex Kolomoisky, Yediot Aharonot Firing the Shin Bet chief: The hurdles

Prime Minister Benjamin Netanyahu says he has "lost trust" in Shin Bet head Ronen Bar. Will this be enough to overcome legal challenges to his dismissal?

Emiliano Calemzuk  credit: PR CEO and "investor group" buying out Reshet 13

CEO Emiliano Calemzuk and the other investors will hold 74% of the television channel, while Len Blavatnik’s Access Industries and WBD will remain with 26%.

Inflation  credit: Tali Bogdanovsky Unexpectedly low February CPI reading cuts inflation

While inflation in Israel in the 12 months to the end of February 2025 is lower than forecast, housing prices continue to rise.

Yitzhak Tshuva credit: Gidon Levy and Tali Bogdanovsky Competition Authority allows Delek takeover of Isracard

The Competition Authority is considered the easier of the two regulatory hurdles that the deal must overcome, the other being the Supervisor of Banks.

David Amsalem  credit  Noam Moskowitz, Knesset Spokesperson's Office Rafael to pay state NIS 444m dividend

The minister in charge of the Government Companies Authority, David Amsalem, has approved the payment by the defense company.

Barak MX air defense system  credit: IAI IAI profit jumps 55%

Israel Aerospace Industries posted a net profit of $493 million for 2024, and ended the year with an all-time high orders backlog of $25 billion.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018