HATZUK BEACH TEL AVIV

HATZUK BEACH TEL AVIV 2018-07-15T13:27:05+00:00

Project Description

HATZUK BEACH

TEL AVIV

2015

Acquisition date

A private lot extending over an area of circa 20,000 sqm
facing onto Hatzuk Beach in north Tel Aviv The West
Apartment Hotel currently occupies part of the
lot which includes 163 units on an area
of circa 13,000 sqm gross.

Date of Acquisition – 2015

2015

Betterment Activities

Promotion of a plan that will legalize the separation of hotel and residences in the compound. The plan includes construction changes, cancelation of the right to build cottages on the shoreline, and issue of a permit for building a hotel on the northwestern front with a footprint that extends to the east instead of crossing the 100 meters that currently distances it from the shoreline. It also grants 4,000 sqm westwards to the shoreline for the future development of the Tel Aviv Coastal Park

Current
status