LINCOLN TEL AVIV

LINCOLN TEL AVIV

Project Description

LINCOLN

TEL AVIV

2015

Acquisition date

A 4,500 sqm lot including buildings with an area of 8,000 sqm,
which formerly served as a Bezeq telephone exchange
and offices. The building rights upon purchase
of the property are 17,000 sqm for
employment purposes.

Date of Acquisition – 2015

2015

Betterment Activities

Promotion of a plan in accordance with the TA5000 (Tel Aviv Urban Master Plan), for a textured residential building of 167 residential units. The plan aims to increase the supply of small apartments, and bring commercial space and a kindergarten into the mix.

Interim uses

The fund launched the “Lincoln 16” project, a creative space with added value and allocation of space to the Tel Aviv Municipality for social activities.

Current
status