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The Herzliya Native Planning and Constructing Committee has permitted for deposit a plan promoted by Ackerstein Group (TASE: ACKR) during which Beit Ackerstein might be demolished and changed by a mixed-use 30-floor tower with flats, workplaces and business house.
Beit Ackerstein is on the northern entrance to the Herzliya Pituah industrial zone between Medinat Hayehudim Road and Hameda Road adjoining to the Coastal Freeway (Highway 2). The present constructing has simply 5 flooring with 5,500 sq. meters of house. The brand new tower might be constructed on a 2,360 sq. meter lot.
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The brand new tower will embody 59 small flats, every about 50 sq. meters in measurement, together with 12 flats that might be leased for 20 years at a 20% low cost, as a part of the reasonably priced properties plan.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on August 21, 2024.
© Copyright of Globes Writer Itonut (1983) Ltd., 2024.
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