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Massive evacuation of construction in Or Yehuda: Demolition of buildings in the Anemone complex has begun - Walla! Real Estate

2021-11-16T13:27:31.668Z


Yuvalim Group began this morning demolishing the old buildings in the Anemone complex. 656 new apartments will be built on the site with an investment of about NIS 800 million


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Massive evacuation of construction in Or Yehuda: Demolition of buildings in the Anemone complex has begun

Yuvalim Group began this morning demolishing the old buildings in the Anemone complex.

656 new apartments will be built on the site with an investment of about NIS 800 million.

Mayor Liat Shochat: "A historic and exciting moment"

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Walla!

Real Estate

Tuesday, 16 November 2021, 15:10 Updated: 15:20

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Urban history took place this morning (Tuesday, November 16) on Kalanit Street in Or Yehuda, where the first building was demolished as part of a construction evacuation project.

The project includes the demolition of nine residential buildings (114 housing units) on Anemone Streets 1-13 and Iris 1-7.



In place of the old residential buildings, 8 17-story residential towers and 656 housing units will be built in an area that extends over 15.5 dunams.

This is an addition of 542 housing units. Apartment owners in the complex will receive a new apartment with a balcony, storage room, storage room and private parking.

The project has been accompanied from the beginning by the Engineering Department of the Or Yehuda Municipality.

The developer of the project is Yuvalim, the design is the responsibility of the architectural firm Yasky Mor Sivan, and the operating contractor is Tidhar.

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In the first phase of the project, five buildings will be demolished, and immediately afterwards four buildings will be built in their place. The second phase includes four more buildings that will be demolished and replaced by four more new buildings. The scope of the investment will be about NIS 800 million.



The complex is located on Kalanit and Iris streets in the city, adjacent to the Savyon junction, and the project, which is spread over a total area of ​​about 16.9 dunams, will include an underground parking lot on 3 levels. During the ceremony held by the company in the presence of the mayor, Liat Shochat and with the participation of the tenants who came to watch their old buildings being demolished, she said: "This is a historic and exciting moment. New with security and elevator, with renewed infrastructure and a living environment that will undergo a significant facelift. The success of the program is a product of full cooperation between the municipality and the tenants who have been admirably mobilized so that the vision of urban renewal will be realized on the ground. "



Yuvalim is already marketing apartments in the project at prices starting at NIS 2.36 million for 4-room apartments with an area of ​​100 sq.m. + 12 sq.m. balcony and starting at NIS 2.62 million for 5-room apartments with an area of ​​130 + 12 sq.m. balcony. The project Also includes small 3-room apartments with an area of ​​77 sq.m. with a 10 sq.m. balcony, at a price starting at NIS 1.99 million.

a moment of pleasure.

Liat Shochat (right) (Photo: Yachz)

Liat Shochat, Mayor of Or Yehuda, was very excited to see the first building demolished today, noting: "This is a historic and exciting moment that is the first swallow that heralds the urban renewal processes that will take place in Or Yehuda in the coming years. And an elevator, with renewed infrastructure and a living environment that will undergo a significant facelift. The success of the program is a product of full cooperation between the municipality and the tenants who were admirably mobilized so that the vision of urban renewal will be realized in the field. "



Itzik Baruch, CEO and owner of Yuvalim:" This is a holiday for 114 families "In practice, the first urban renewal project in its field. Yuvalim is proud of the right to be the pioneer in this field in Or Yehuda and to build homes for hundreds of families of the highest standards and in a renewable and high-quality living environment."



According to Eran Edri, Entrepreneurial Manager at Yuvalim: "The Anemone Complex is part of a broad plan for urban renewal in Or Yehuda, which has begun a process of renewal in recent years. Thanks to fruitful cooperation with the municipality and neighborhood residents "The old and dilapidated apartment buildings, and the construction of the new and modern project for the benefit of the residents of the place and the entire community. Increasing the number of housing units in the neighborhood will allow positive migration to the city so close to Tel Aviv.

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Source: walla

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