agent+

Planning

Final approval for a large plan: 42-storey towers, 0.7 parking spaces per home

9 November 2026 · Based on Maariv

Illustrative photo · Tel Aviv-Yafo
Illustrative photo · Tel Aviv-Yafo · Alexey Bogoslavsky, Wikimedia Commons, CC BY-SA 4.0

A large plan in central Israel has received final approval. Hundreds of old apartments will be replaced by towers and new residential buildings, with towers reaching 42 floors. The plan sets parking at 0.7 spaces per apartment, which may disappoint residents expecting a space.

What it means for buyers abroad

For buyers abroad considering new or urban renewal projects, check the parking ratio in the approved plan, as it may be lower than expected.

Read the original article (Maariv, in Hebrew) ↗

Go deeper

More news