Date of Acquisition – 2010
Promotion of a zoning plan to change the designation of the compound to retail, students’ residences and senior housing (creating a special connection between populations of different age groups), while significantly increasing the building rights
Urban development – connecting the project to the future Tel Aviv Light Rail station and the adjacent park
‘Rova 9’ – a social-community project lead by Reality Fund in cooperation with the Tel Aviv municipality. The aim of the project is to serve as a center for the surrounding community while emphasizing the promotion of employment and initiatives, development of the neighborhood youths and making art accessible to the community. During three years of operation, over 12,000 people have already participated in events and activities at ‘Rova 9’.
Date of Sale: 2015