The Tel Aviv Local Planning and Construction Committee has approved for deposit a plan for the construction of a new residential neighborhood in Shikun Dan – (Dan Garage) in Tel Aviv, intended for residential, commercial and public buildings. According to the plan, about 740 housing units, 36 classrooms, 6 kindergartens and about 1,350 square meters will be built in the complex for the benefit of commerce. In addition, it stipulates that 97 housing units will be allocated for affordable housing.
■ 740 apartments in the place of Dan’s mythical bus parking lot in Ramat Hachayal in Tel Aviv
The area of the plan is 38 dunams and its boundaries are on Nachlaot Street to the north, Raoul Wallenberg to the south, Mishmar HaYarden to the east and Pinchas Rosen to the west. And according to the forthcoming plan, it was determined that along Raoul Wallenberg Street and on the corner of Pinchas Rosen, buildings up to a height of 19 floors will be built, and along Mishmar HaYarden Street, the height of the buildings will be up to 15 floors. The other buildings in the complex will be up to 7 floors.
The mix of apartments in the plan: about 25% small apartments with an average area of about 50 square meters, about 30% small medium-sized apartments with an average area of about 75 square meters, about 30% large medium-sized apartments with an average area of About 95 square meters and about 15% large apartments about 110 square meters. It will be emphasized that the final ratio will be determined when promoting an architectural design and development plan.
The plan also proposes that at least 15% of the apartments in the complex be allocated for long-term rental units (25 years), with the apartments within reach having an average area similar to the other units in the plan, without large apartments.
According to CBS data: As of 2013, the neighborhood had 2,560 residents, a number that is expected to reach 5,547 in the future – that is 3 times.
Public areas, and green transportation
The plan allocates two more plots in a total area of about 1.7 dunams in favor of open public space, as well as a green boulevard open to the public that crosses the project from Nachlaot Street to Raoul Wallenberg Street and secondary passages in most of the open space between the buildings. Raoul Wallenberg Street.
The expansion of the streets bordering the plan includes the planning of bicycle paths to increase accessibility from the neighborhood towards the future light rail station and Yarkon Park, in addition, wide sidewalks are planned for pedestrians and the preservation of an urban green axis on Raoul Wallenberg Street, including pedestrians and cyclists.
About a year ago, it was reported in Globes that the old bus parking lot that operates on the site will be relocated, and 740 apartments will be built in the land division that will be vacated. Revenue from the project is expected to exceed NIS 1.85 billion, with the Tel Aviv Municipality owning 6% of the area. As mentioned, the Dan parking lot complex is a triangle-shaped lot bounded by Mishmar Hayarden, Raoul Wallenberg, Pinchas Rosen and Nachlaot streets. The plan for the complex, prepared by architect Moshe Tzur, includes 13 residential buildings of various heights. 15-story towers will be built along the main streets, with the lower construction (7.5-story buildings) being adjacent to the private houses adjacent to the lot in its northern part. Since the municipality has ownership of part of the area,
Irit Vanunu, a real estate appraiser, estimates that the marketing prices in the complex will be about NIS 50,000 per square meter, “This is North Tel Aviv in a very central location. The closest project is the Neot Afeka Golf Project, which includes a number of residential buildings and a commercial center. In the plan of Dan Garage, the planning is for 750 units in an average area of about 92 square meters, the price for an average apartment in my estimation will be about NIS 4.6 million, according to an estimate of NIS 50,000 per square meter.
According to her, the project will attract established people who have mostly money and the share of apartments within reach will not hurt the project. “Regarding the rent, Vanunu points out that the average rent for a 4-room apartment will be similar to the prices in the area, ie around NIS 10,000 per month.”