Urban renewal approved in Jerusalem's Kiryat Yovel

Kiryat Yovel, Jerusalem

59 apartments will make way for 255 housing units in seven new buildings.

The Jerusalem Local Planning and Building Commission has approved for deposit urban renewal for another site in the Kiryat Yovel neighborhood in Jerusalem. The site covers 28 dunam (seven acres) on Tehon St., including three residential lots with a total of 59 housing units. The plan proposes demolishing seven old buildings and building seven new ones, including a 19-storey high rise and eight-storey buildings with a commercial front. The new buildings will have a total of 255 new housing units, a ratio of 4.3 new housing units per old housing unit.

Under the plan, the southern part of Tehon St. will be substantially widened to allow room for a Jerusalem Light Rail train along it in the future. The Planning and Building Commission recently approved another plan for 255 new housing units on the north part of the Tehon St., and a plan for 206 more housing units on the site will be discussed soon. Two more substantial plans on the street are in the advanced planning stage: the Little Hadassah plan with 400 housing units and the Giora House plan with 56 housing units.

The Planning and Building Commission noted that at this stage, it was jointly planning with the Jerusalem municipality and the Moriah company 20 urban renewal plans on Jerusalem streets with thousands of housing units at various planning stages. Jerusalem District Planning Commission chair Dalit Zilber said that the urban renewal plans were of high quality and suited to the character of the existing and planned neighborhood, and would provide a substantial number of additional housing units and significantly improve public space, including infrastructure required for the light rail in the streets.

Published by Globes [online], Israel business news - www.globes-online.com - on December 22, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

Kiryat Yovel, Jerusalem
Kiryat Yovel, Jerusalem
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