The Residential Towers, Which Include 1,000 Units
By Jacki Wiluzanski · · Updated · 3 min read
The "Midtown Jerusalem" project is moving ahead: Israel Canada, the project owner, announced yesterday (Wednesday) that it has received the full building permit for the project's residential towers.
The Midtown Jerusalem plan, an Israeli-Canadian initiative, covers a total area of approximately 17 hectares and is located in the city center, near the light rail station. The plan includes the construction of four towers: residential towers of 40 stories and 2 mixed-use towers of 40 stories, plus structural buildings of up to 3 stories in height for commercial, industrial and public use.
In total, the plan offers 1,000 housing units. Of the total housing units, approximately 200 apartments will be for rent. Another 60,000 square meters are provided for offices, 24,000 square meters for hotels, 11,000 square meters for public buildings and 5,000 square meters for commercial space.
In addition, as part of the plan, instructions were set for the full preservation of the historic Shaarei Tzedek Hospital building and its conversion into a luxury hotel. The plan was prepared by DBLD Architects, headed by the international architect Raphael de la Fontaine.
The plan was approved by the district committee two years ago. Now Israel Canada, which holds 73 percent of the project through a subsidiary, together with Mor Provident Funds and other parties, has reported that it has received a full building permit for the project's residential towers. In addition, the project company estimates that the building permit for the office tower and the mixed tower, which includes rights for hotels and rental housing, will be received by the end of the first quarter of 2025. The main operating contractor selected for the project is Tidhar Construction Company.
Jerusalem Mayor Moshe Leon said: "This is the future of the capital, Jerusalem. The city's entrance district is taking shape as Israel's new business district. It is an excellent example of the revolution the city is undergoing, with advanced and innovative construction, together with the preservation and protection of the historic city and Jerusalem's identity, benefiting from a public transportation network and a light rail, serving the city's community and Israel's business community."
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