No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, August 17, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Massive construction planned for Ra’anana Metro station

by TheAdviserMagazine
3 weeks ago
in Business
Reading Time: 4 mins read
A A
Massive construction planned for Ra’anana Metro station
Share on FacebookShare on TwitterShare on LInkedIn


100 plans currently being promoted are set to dramatically change the city centers of Gush Dan. These are plans for Metro stations and their surroundings, the subway system that will pass beneath the Greater Tel Aviv metropolitan region, which will include 300,000 housing units in the most densely populated area in the country.

One of the most advanced such plans, on Ahuza Street – the main thoroughfare in Ra’anana, will increase the number of housing units around the planned station by hundreds of percent. Anyone trying to understand the magnitude of the revolution that will take place here in a decade or two can look at the numbers for Ra’anana city center.

The plan in Raanana is being promoted around the M1 metro line, which will reach Tel Aviv, via Glilot and Herzliya, and cross Raanana beneath Ahuza Street. The station will be built at the corner of Ahuza and Ben Gurion Streets.

The area currently has 3,177 housing units in buildings ranging in height from old ground-level houses to individual seven-floor buildings (most of the latter have passed TAMA 38 earthquake strengthening). Most of the residential buildings in the area are old 2-4-floor buildings. The area also has about 46,000 square meters of commercial space. Currently, the area does not operate as an urban main business center.

The plan proposes transforming the area with a comprehensive urban renewal plan based on demolishing existing buildings and rebuilding much biggest structures. The number of housing units will increase by 160% and reach almost 8,400 apartments, in buildings of 8-16 floors; The area will also have 45,000 square meters of office space, and 40,000 square meters of commercial space.

An increase of hundreds of percent

This is an increase in construction by hundreds of percent, which will of course also affect the number of residents in the area, which is currently about 5,100, most of whom are elderly. In the future, with the implementation of the plan, the number of residents will increase to about 20,000.

A private company on behalf of the National Planning Commission, which is promoting the plan, held information conferences for residents of the area, and has even conducted a social survey among local residents. The survey revealed, among other things, that there is uncertainty among residents about the benefits they will receive. Some prefer to wait for the plan to mature, some look to the future and believe that the ownership of the apartments will change (probably heirs who will take their place), while others who rent out apartments fear that tenants will be deterred in the coming years, knowing that the area is going to undergo a very long process of demolition and reconstruction. The National Planning Commission, which is handling the plan, held roundtable discussions last month to focus on solving existing problems in order to continue promoting the plan. The timetables for promoting the plan are considered very fast by Israeli planning standards, and it is expected to be approved by the end of next year.





RELATED ARTICLES




Metro tunnelling to begin next month


NTA mulls bond issue to finance Metro


NIS 65b Metro tenders underway






“Many rights holders”

Will all this happen? Real estate professionals working in the area are warning of the complexity of the plan. Kobi Arditi, CEO of RMA from the Ram-Moghrabi-Arditi Group, which operates in two areas in the Ahuza Street area, explains that the complexity of the renewal in the Ahuza area stems from the scope of the plan, and in particular from the current situation on the ground.

He says, “We are talking about a plan that extends over an area of about 2 kilometers along the metro, with many rights holders. In the current situation, there are apartments, shops, offices, parking lots, warehouses, halls and other areas with a unique designation in the area. The plan must provide a solution for all of this.”

Adv. Yaron Shlomovitz of the Shlomovitz-Sorkine & Co. law firm, which represents rights holders in the area, emphasizes the compensation and benefits that will be provided to the owners. “There are property owners on Ahuza Street and on the nearby streets who own significant portions of the common property, such as parking lots and commercial stores. They enjoy stable income from rents or user fees, while the plan could harm their income. At the same time, the apartment owners are expected to deal with the consequences of increasing density and the number of neighbors.” If all of this is not taken into account, Shlomowitz warns, there will be a lot of objections that could delay the plans.

The Ahuza Street station are is, as mentioned, just one example of 100 plans currently being promoted in the cities surrounding Tel Aviv. In the coming years, dozens more plans will move forward, each of which will involve a local transformation, and it must be assumed that all of them will also be accompanied by local struggles and legal proceedings.

The planned Metro includes three lines, with a total length of 145 kilometers and with 109 stations, in 24 municipalities in the Tel Aviv area. The target date for the opening of the Metro is still 2037, but it is clear to everyone that it could be later. The national outline plan TAMA 70, which supports the Metro lines, defines areas of influence around the Metro routes and stations, which are supposed to undergo a radical change, which will be reflected in a very large addition of housing units, commercial, public and office space.

Published by Globes, Israel business news – en.globes.co.il – on July 28, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.




Source link

Tags: ConstructionMassiveMetroplannedRaananastation
ShareTweetShare
Previous Post

2026 BDC Stocks List Of All 60+

Next Post

What Borrowers Should Know Before Applying for a Gold Loan App

Related Posts

edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

by TheAdviserMagazine
August 8, 2026
0

Staying at one company for decades was once a badge of honor. But as layoffs have become more common and...

edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

by TheAdviserMagazine
August 8, 2026
0

First, they won in New York. Then they took Maine, Colorado, and Michigan. And now, the next battleground for the...

edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

by TheAdviserMagazine
August 8, 2026
0

Asia's oldest exchange, BSE, traded far fewer derivatives contracts in the first week following the implementation of the Closing Auction...

edit post
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

by TheAdviserMagazine
August 8, 2026
0

The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among...

edit post
Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

by TheAdviserMagazine
August 7, 2026
0

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the...

edit post
Meet the 82-year-old Kentucky grandma who turned down M to turn her farm into a data center

Meet the 82-year-old Kentucky grandma who turned down $26M to turn her farm into a data center

by TheAdviserMagazine
August 7, 2026
0

Ida Huddleston has lived on the same stretch of farmland outside Maysville, Ky., since she was 16. She and her...

Next Post
edit post
What Borrowers Should Know Before Applying for a Gold Loan App

What Borrowers Should Know Before Applying for a Gold Loan App

edit post
Assisted reproduction is fertile ground for financial planning missteps

Assisted reproduction is fertile ground for financial planning missteps

  • Trending
  • Comments
  • Latest
edit post
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

July 31, 2026
edit post
Driving the Noncitizen Voting Scandal: Registration With License

Driving the Noncitizen Voting Scandal: Registration With License

July 26, 2026
edit post
Garbage Trucks Surveillance Florida Neighborhoods

Garbage Trucks Surveillance Florida Neighborhoods

July 29, 2026
edit post
Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

August 7, 2026
edit post
Montana Puts Democrats in a Bind as Senate Hopes Fade

Montana Puts Democrats in a Bind as Senate Hopes Fade

August 2, 2026
edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
edit post
E.W. Scripps Q2 2026 Loss Widens to -.68/Share, Revenue Down 9%

E.W. Scripps Q2 2026 Loss Widens to -$12.68/Share, Revenue Down 9%

0
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

0
edit post
Four AI Escapes Just Redefined “Responsible AI”

Four AI Escapes Just Redefined “Responsible AI”

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

0
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

August 8, 2026
edit post
Links 8/8/2026 | naked capitalism

Links 8/8/2026 | naked capitalism

August 8, 2026
edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

August 8, 2026
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

August 8, 2026
edit post
Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

August 8, 2026
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

August 8, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
  • Links 8/8/2026 | naked capitalism
  • Wisconsin: The Next Frontier for Socialists
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.