800 Homes Approved for Yerushalayim Urban Renewal Project
The Yerushalayim Local Planning and Building Committee last week approved an urban renewal plan for the Gilo neighborhood. In the plan, along Rosmarin Street between Halevona and Hamor Streets, 183 apartment in four-floor blocks will be demolished and replaced by 800 apartments in two 35-floor towers and two 17-floor towers.
As part of the plan, the ground floors of the towers along Rosmarin Street, where the Yerushalayim Light Rail will run, have been zoned for commercial or office use.
Gilo currently has 32,000 residents. The new masterplan approved 10 years ago allows for the addition of thousands of apartments through clear and rebuilt urban renewal projects.
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