Calcalist, Ronen Niv 24.03.2021
Ramat Gan continues to position itself at the forefront of urban renewal, with the momentum of action being well felt in the field. One of the main centers of activity is in the old Neve Yehoshua neighborhood in the southeast of the city, which is undergoing an intensive facelift - as part of which the old buildings dating back to the 1940s are gradually being replaced by modern buildings that bring the standard of living of the 21st century.
One of the projects in the neighborhood that records a significant landmark is the one promoted by the Herzig Real Estate Group in the Harari complex. 2 towers of 30-26 floors with about 175 housing units, in a prestigious and uncompromising specification.
The project in the Harari complex emphasizes a diverse mix, which includes housing units with 3-5 rooms, along with duplexes and penthouses. About 20% of the new apartments will be small apartments, and in areas of 75-55 square meters.
The Herzig Real Estate Group's project will cover about 3 dunams, and it seeks to implement the mixed-use model in practice. Thus, in addition to the residential apartments, it will also include commercial and employment floors, areas for public use and a neighborhood recreation and leisure center. The purple of the light rail north of Champion Field Road.
The project is now being discussed within the framework of the Tel Aviv District Planning and Building Committee, with the aim of obtaining the long-awaited building permit in about a year and a half, and completing the work in the middle of the decade.
"Renovation of the compound - social justice"
"The process of promoting the program was long and full of obstacles, especially in the year of the Corona crisis," says Adv. Yair Shalev, who has been accompanying the tenants in the project for about 4 years. On the economic viability of the project. "Thanks to determined tenants and a strong representation, along with an entrepreneur who works day and night to carry out the project, we will succeed in joint efforts to bring about the demolition of the old buildings and the construction of a modern and modern residential project."
It is no coincidence that his attorney is delaying the successful dialogue between the apartment owners and developer Yehuda Herzig, who heads the Herzig Real Estate Group. Upon completion of the project, the veteran apartment owners will enjoy an additional area of about 25 square meters in relation to their existing apartments, as well as a storage room, sun terrace and parking.
The evacuation-construction project in the Neve Yehoshua neighborhood Imaging: Looks Architectural Imagery
According to Yehuda Herzig, owner and chairman of the Herzig Real Estate Group: "This is an exciting moment for us, and for all the apartment owners, who took advantage of the opportunity to upgrade their apartment. They will not only receive a new apartment, security, balcony and parking, but Especially for a considerable addition of meters to the area of the apartment, something that in the near future will probably not be feasible. The success of urban renewal projects depends first and foremost on the cooperation between the apartment owners and the developer. Patient, sensitive and transparent conduct while being available and willing to help solve problems is key. That is what guides us in this project and in all our other projects. "
Herzig adds: "Although this is a prime-location and a sought-after neighborhood, it is also important to understand that the buildings in Neve Yehoshua are in a bad state: from flooded shelters in winter to cracked and dilapidated walls. The determination of the apartment owners and the company's understanding of the importance of this type of project for the tenants themselves and the entire neighborhood. "
Haim Avitan, chairman of the Government Authority for Urban Renewal, also refers to the project and notes: “I welcome the progress of a program of this magnitude, especially in a complex year in which we are dealing with the corona virus. The renovation of the old complex will increase the quality of life of the tenants and will constitute real social justice. "
Yehuda Herzig, owner and chairman of the Herzig Real Estate Group
The urban renewal arm of the Herzig Real Estate Group is one of the activities and busiest in the field, with a resume of about 30 projects and about 3,500 housing units in various stages of planning, marketing, construction and occupancy. Rehabilitation and upgrading of the Harari complex is just one step in the group's extensive activities. In Ramat Gan, and joins its other projects throughout the city - such as those in the Hebron complex in the Tel Yehuda neighborhood and the Dangor complex in the Ramat Amidar neighborhood.Other cities in which the group operates include Tel Aviv, Petah Tikva, Givatim, Rishon Lezion, Ramla, Kiryat Yam, Bat Yam And Ashdod.
"Urban renewal is going to set the tone," Herzig concludes. "With the support of the state and the government authority for urban renewal, we all understand where the wind is blowing. My estimate is that by 2025 this sector will weaken with 80% of the construction market in Israel."