The Herzliya Native Planning and Constructing Committee has authorized for deposit a plan promoted by Ackerstein Group (TASE: ACKR) during which Beit Ackerstein will probably be demolished and changed by a mixed-use 30-floor tower with flats, workplaces and industrial 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 prevailing constructing has simply 5 flooring with 5,500 sq. meters of house. The brand new tower will probably be constructed on a 2,360 sq. meter lot.





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The brand new tower will embrace 59 small flats, every about 50 sq. meters in dimension, together with 12 flats that will probably 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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