The Azrieli Sarona Tower is a skyscraper in the Sarona neighborhood,

Tel Aviv Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the ...

Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...

, on

Begin Road Begin Road is a major thoroughfare in Tel Aviv, Israel. It begins at Allenby Street and runs to its northern end which is at Arlozorov Interchange on Ayalon Highway. There is one interchange along Begin Road, Kaplan Interchange, located near Azr ...

. It is high with 61 floors. It is the tallest building in Israel, followed by

Ramat Gan Ramat Gan ( he, רָמַת גַּן or , ) is a city in the Tel Aviv District of Israel, located east of the municipality of Tel Aviv and part of the Tel Aviv metropolitan area. It is home to one of the world's major diamond exchanges, and man ...

's 235-meter-high Moshe Aviv Tower.

Construction history

Azrieli Sarona Tower, almost finished - December 2016

In May 2011, the

Azrieli Group Azrieli Group is an Israeli real estate and holding company named after its founder David Azrieli. The company is engaged mainly in the development and management of shopping malls and office buildings in Israel. History Azrieli Group started i ...

acquired the land plot for ILS ₪ 522 million via tender from the

Israel Land Administration The Israel Land Administration (ILA; he, מנהל מקרקעי ישראל, Minhal Mekarka'ei Yisra'el; ar, مديرية أراضي اسرائيل) is an Israeli government authority responsible for managing land in Israel which is in the public d ...

. The plot's size is 9.4 dunam and had a plan for a high office building with a volume of for office use and for commercial use. In 2012 the Azrieli Group appealed the Regional Committee for Planning and Construction of the

Tel Aviv District The Tel Aviv District ( he, מָחוֹז תֵּל אָבִיב; ar, منطقة تل أبيب) is the smallest and most densely populated of the six administrative districts of Israel with a population of 1.35 million residents. It is 98.9% Jewi ...

, asking to transfer to increase the area for commercial use. The committee accepted the request, but demanded that an eighth garage floor will be built. Due to the expected high price (₪70 million) and the increased construction time, a compromise was achieved and instead of an eighth garage floor, 500 of the parking spots will be designated for public use and the residents of Tel Aviv will not pay any price higher than the price charged in parking stations owned by the municipality of Tel Aviv. The seven-story underground garage has a total of 1,600 parking spots, and the commercial center is spread over the first three floors. At the 33rd to 37th floor, a hotel will be built. In 2013 the Regional Committee for Planning and Construction of the Tel Aviv District authorized the construction of a building above sea level (i.e. above ground level). The

cornerstone The cornerstone (or foundation stone or setting stone) is the first stone set in the construction of a masonry foundation. All other stones will be set in reference to this stone, thus determining the position of the entire structure. Over tim ...

was placed by

David Azrieli David Joshua Azrieli, ( he, דוד יהושע עזריאלי; 10 May 1922 – 9 July 2014) was an Israeli-Canadian real estate tycoon, developer, designer, architect, and philanthropist. With an estimated net worth of US$3.1 billion as of ...

in a ceremony on 12 March 2012. In June 2016, 60% of the tower were already leased.

Hotel

In 2015 the Azrieli Group signed an agreement with

Africa Israel Investments Africa Israel Investments Ltd. (AFI Group) is an international holding and investment company based in Yehud, Israel. The group consists of several private and public companies active in areas such as real estate, construction, infrastructure, ...

, leasing the 33rd to 37th floors for the period of 20 years for the establishment of a business hotel. "The hotel will have 160 rooms and will be separated from the office floors, will have separate elevators and will have an independent lobby with a restaurant and a business lounge."Said a spokesperson for the group. Africa Israel Investment paid ₪250 million for the agreement and will invest another ₪50 million in the construction.

References

{{reflist Skyscrapers in Tel Aviv Skyscraper office buildings in Israel Skyscraper hotels

Construction history

Hotel

See also

References