News Brief 12/28/2010, Tevet 21, 5771
450 New Apartments in North Tel Aviv
One of the few remaining open areas of Tel Aviv available for construction, the Seminar Hakibutzim compound in North Tel Aviv, will soon have 450 new apartments. The 12 dunam space, which contains low-rise buildings and much open space, will be split in two, with one half set aside for a revamped campus, and the other home to several 27 story towers for the construction of the 450 apartments.
Following through on a new policy by the Tel Aviv municipality to encourage construction of affordable housing, 90 of the apartments will be 80 meters or less in size, making them suitable for young couples, whom the municipality hopes to encourage to move into the neighborhood.