With the completion of the citywide light-rail expected in 2020, connecting Tel Aviv’s city center to neighboring Ramat Gan, Ramat HaHayal, Bat Yam, Jaffa, and Givatayim brings a new wave of residential architecture to transform the skyline. The city of Tel Aviv boasts the highest land value in the Middle East, and with this new connectivity it is only projected to increase demand and value.
The city Tel Aviv is deemed a UNESCO World Heritage Site for its collection of over 4,000 Bauhaus and Eclectic Architecture-style builds. The original city plan was made in 1925 by Sir Patrick Geddes, and is about to witness a significant shift. To promote density, the “TAMA 38” policy gives developers the opportunity to add additional units and floors in exchange for updating the existing units and infrastructure.
