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The historic factory in the heart of the city will be removed, a new residential neighborhood will be built with 1,400 apartments - voila! Real estate

2024-03-07T08:06:23.241Z

Highlights: The historic factory in the heart of the city will be removed, a new residential neighborhood will be built with 1,400 apartments - voila! Real estate. The plan is led by the Municipality of Lod, the Lod Economic Company and in cooperation with the Marathon Fund, which purchased the Dalkol plant in June 2021 for NIS 125 million. As part of the improvement activity, the foundation worked to relocate the Delcol plant, which produces oils, to an alternative location, as well as to clean the land.


The Ministry of Foreign Affairs approved for deposit a plan for the evacuation of the Dalkol factory, which covers an area of ​​50 dunams in the heart of the city of Lod, in exchange for the construction of a neighborhood with approximately 1,400 housing units and thousands of square meters of commerce and employment


Dalkol Lod plant/Israel Police Spokesperson, Marathon Foundation

Huge news for the residents of the city of Lod: an announcement that came out this morning (Thursday) announces the evacuation of the Dalcol factory located in the heart of the city of Lod in an area of ​​approximately 50 dunams and its transformation into a neighborhood of approximately 1,400 housing units and thousands of square meters of commerce and employment. This, as part of the committee's decision Favored complexes for housing and development are biased by Public Transportation (Havatmal), which approved the deposit of the Tamal 2053 Lod South B plan.



The plan is led by the Municipality of Lod, the Lod Economic Company and in cooperation with the Marathon Fund, which purchased the Dalkol plant in June 2021 for NIS 125 million and began to promote the plan together with the officials in the municipality. As part of the improvement activity, the foundation worked to relocate the Delcol plant, which produces oils, to an alternative location, as well as to clean the land, all this in preparation for the approval of the improved plan.



Yair Rabivo, the mayor of Lod, noted: "Lod is changing its face, in the construction of neighborhoods news, in urban renewal, and in the development of business and commercial complexes.

Removing pollution from the residential area was an important goal for the city and now we can work together with the Marathon Foundation to prepare the land and develop it into a green and vibrant neighborhood for the city's residents." "



Lod has been undergoing significant change in recent years and is enjoying growth and renewal in all parts of the city and is becoming a sought-after destination for families who want to live at reasonable prices close to Tel Aviv", concludes Rabivo.

  • More on the same topic:

  • real estate

  • Lod

  • urban renewal

Source: walla

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