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A mall with all the brands, and a new neighborhood: 2 huge news for the residents of this city - voila! Real estate

2024-02-06T14:21:15.862Z

Highlights: A mall with all the brands, and a new neighborhood: 2 huge news for the residents of this city - voila! Real estate. A new and first military neighborhood will be built in one of the cities in Gush Dan - which will offer special prices for the security forces. The second project is the establishment of a new mall in the city, for the first time after 30 years, which will include the leading brands in Israel. These are the details about the projects: A military neighborhood to strengthen the city of Lod.


The news is coming in bunches: a new and first military neighborhood will be built in one of the cities in Gush Dan - which will offer special prices for the security forces and a new shopping mall that will be built in the city for the first time in 30 years


Buildings in Lod/Reuven Castro

In recent years, a construction boom and many projects are coming up in the city of Lod.

On the skyline, views and sounds of development and progress are heard in the city, new neighborhoods that include tens of thousands of housing units are being built, and combine public and commercial services, to create a developed, comfortable and modern living experience.



As part of this policy, the municipality of Lod is announcing today (Tuesday) two significant projects that will raise the profile of the city, improve the living experience for the existing residents, and make it attractive to many buyers from all over the country.



The first project is the establishment of the first military neighborhood in the city for the security forces;

The second project is the establishment of a new mall in the city, for the first time after 30 years, which will include the leading brands in Israel.


These are the details about the projects:



These are the details about the projects:

A military neighborhood to strengthen the city of Lod

In a discussion held this week in the mayor's office, Attorney Yair Rabivo, with Lt. Col. Hila Ekstein - head of the IDF's housing administration, owner and CEO of the Aora company Yaakov Etrakchi and his team, with the participation of the city engineer, Gal Gabriel and CEO Lod's economic manager, Asael Gadot, reports that the project will be launched this year. The neighborhood will be built in the city center at the corner of Hasmonean, Herzl, and Hachnelson streets.



The first agreement with the IDF's housing directorate has already been signed, in salute to the security forces who serve us honorably in this time of war, especially And throughout the year, a quality population that will contribute to the resilience of the city of Lod.

This is a designated neighborhood for permanent servants and soldiers, officers and resisters, in two towers that each have 106 apartments of different sizes, 3, 4 and 5 rooms, one of which will be marketed to the security forces at a discounted price, in cooperation with the IDF Housing Directorate as mentioned. The complex will include modern residential buildings at a high standard that has not yet been seen in the center of Lod, as well as a few "commercial supporting residential" areas.



The location of the project on the Hasmonaim road, connects it to the main transportation arteries - road 40, road 1 and road 443, with direct access to the Ben Shemen interchange and from there to the National Highway, to the Tel Aviv metropolis and Route 6.

In the photo from left to right: Lt. Col. Hila Eckstein, Mayor Yair Rabivo, CEO of Aura Yaakov Etrakchi, Assistant to CEO of Aura Hod Betzer./Lod Municipality Spokesperson

Mayor Yair Rabivo: "A military neighborhood will raise the profile of Lod. There is a historic opportunity here that will attract new populations and also affect the city's image. We will do everything to promote the move and make the members of the security forces buy in Lod but also stay there for years. This is good for the city , good for the country, good for the army, and good for the residents. These two projects prove and strengthen our multiple activities in promoting the city of Lod, to a successful and progressive metropolitan city in the center of the country. At the same time, we are continuing at full speed to establish luxurious new neighborhoods, which will provide a high quality and standard of living, alongside projects Large clearing-building projects in the old neighborhoods and in the city center. This is the time to invest in Lod."



Lt. Col. Hila Eckstein: "The goal of the IDF's Residential Administration is the establishment and development of residential neighborhoods throughout the country for the permanent servants and their families, as part of an incentive by the IDF aimed at preserving and cultivating the high-quality permanent servants in long-term and high-quality service.

The project in Lod is going to be successful and will provide a good solution for the population of permanent servants who wish to live in the center.

The permanent employees are given all the options to purchase an apartment that suits them, together with close supervision tailored to the personal needs of each permanent employee, at all stages of the project until after receiving the key"

A new and branded mall: from Zara to Renoir and Castro

The "Aura Center" shopping mall will be built in the Shahal complex (near Usher Ad) purchased by the Aura company and it will build a prestigious residential neighborhood and the highlight will be a shopping mall with 45 stores that are all branded, coffee shops, fashion and clothing stores, a bookstore, fast food chains and more.



The new mall is designed to meet the high standards set by the largest malls in Israel, it will be luxuriously designed with the newest stores, the most famous brands, and the finest food. The goal is to adapt the shopping center to all residents of the city, so that they do not have to set foot in malls outside the city, a mall that will create an atmosphere homey along with the atmosphere of luxury and luxury.



The complex will also include 7 high-rise buildings comprising about 620 units of which about 100 are apartments for long-term rent, commercial spaces on the ground floors merging with the new mall where an area of ​​about 1,400 square meters will be allocated to a supermarket of One of the leading chains, a floor combined with commerce and employment, and a roof floor with seating areas and cafes. The design is led by the firm of architects Alonim Gurevich.

Luxury residences and a branded mall in the city of Lod/Alonim Gurevich

Yaakov Etrakchi CEO of Aora: "Our investments in Lod express our trust in the city.

There will be a military neighborhood here that will strengthen the city and a new shopping mall that will serve everyone, next to a prestigious residential neighborhood.

Aora is establishing a company to manage tens of thousands of retail spaces it owns nationwide, and the Blud mall is one of the diamonds in the company.

Lod is an important activity destination for us, among other things, in light of the fact that the city is enjoying significant momentum and development.

These two projects, in addition to the hundreds of housing units we are building in Lod, both in new neighborhoods and in urban renewal, will position Lod's status and the quality of life in the city, including a connection to the axis of a high-passenger transportation system that is being promoted in the city.



" from the leading brands and chains in Israel, is an exciting dream that I and the residents have been waiting for for years.

Lod also realizes its tremendous potential in the development and promotion of commerce and new branded shopping centers in the city.

The new mall is in addition to what we already announced in the past that the old Lode Center mall was approved for eviction and will be rebuilt.

I thank the Aora company for its trust in the city.

The two projects have already been approved by the EPA and the construction permits will be issued in the coming months. We will do it and we will succeed!" concluded Yair Rabivo.

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Source: walla

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