GREEN PARK

The GREEN PARK project in Tel Aviv’s Neve Sharett neighborhood was the first project led by the Urban Development and Renewal Company, with close support for the apartment owners from the initial organizing stage in 2005 through to the handover of the keys. A pioneering project, it transformed the neighborhood and became a significant milestone in Tel Aviv’s urban renewal.

Location

Tel Aviv

New Residential Units

447

Status

Completed and Occupied in 2017

Developer

Metropolis, SGS, Electra Real Estate

Project Highlights

Originally: 154 existing residential units → Today: 447 new residential units

6 buildings – 3 low-rise buildings and 3 high-rise towers

Elegant lobby, a reinforced safe room (Mamad) in every apartment, and a private storage room

Underground Parking

Green areas and open spaces, including a children’s park

Professional building management systems and high-quality maintenance services for residents

Project Significance

GREEN PARK was one of the first and largest projects in the area, demonstrating the advantages of the Urban Development and Renewal Company’s Social Model — professional and transparent support that places apartment owners at the center of the process and provides them with greater certainty, security, and maximum value.