This time, we’re analyzing the “Alexandrion” urban renewal complex in Jerusalem.
Several urban renewal plans have been approved for deposit in this area, reflecting a broader trend of urban densification. Adjacent to the project site is a large public area that includes schools, community centers, a neighborhood library, various sports facilities, and a public garden.
The complex currently includes 119 residential units in five 4-story buildings, spanning approximately 9.63 dunams.
The proposed plan is an urban renewal “evacuation and reconstruction” project, combining high-rise tower construction with mid-rise buildings. It includes residential units, commercial spaces, public buildings, open green areas (public open space), pedestrian paths, and public access easements.
📍 Location: Between Yossi Ben Yoezer, Kanaei HaGalil, and Alexandrion Streets, Jerusalem
📅 Status: Approved on June 30, 2024
📣 Designation: Officially declared
🛣️ Track: Taxation track
👷🏻♂️ Developer: Migdalei NBS Alexandrion Jerusalem Ltd.
Project Details:
Plan Number: 101-0944512
Residential building rights: 45,590 sqm (~109 sqm per unit)
Commercial space: 115 sqm gross (plus 300 sqm main use underground)
Existing apartments/shops: 119 units
Additional units planned: 301 units
Total residential units: 420
Building height: 10, 32, and 34 stories (three different building types within the complex)
Key Plan Provisions:
1,900 sqm of main residential space and 524 sqm of service areas are subject to the establishment of a maintenance fund.
