HomeNewsConstruction of 130-Room Hotel & 30 Residential Apartments in Sarona, Tel Aviv,...

Construction of 130-Room Hotel & 30 Residential Apartments in Sarona, Tel Aviv, in the Pipeline

Grofit Construction Company, a veteran enterprise with over 45 years of experience in the construction business has announced plans to build a 130-Room Hotel & 30 Residential Apartments in Sarona, Tel Aviv.

Designed by Feigin Architects, a leading architectural design studio with 55 years of experience within the global hospitality sector, the “new” 14-floor hotel building is planned to replace the existing four-floor building on the corner of Menachem Begin Road and Yosef Karo Street near the Kalkathat that Grofit purchased for over US$ 29M. 

Approval of necessary documentation for implementation of the project

Search for construction leads
  • Region/Country

  • Sector

The plans for the construction of the 130-Room Hotel & 30 Residential Apartments in Sarona were passed through to the Tel Aviv-Yafo Planning and Building Committee in April 2021, and only got approved just recently. 

Read Also Plans for Construction of 3,365 Settlement Units in Jerusalem, Israel, Approved

Grofit, which specializes in both urban renewal and residential construction estimates that they will finally receive a permit for the implementation of the project, the company’s grand entrance into the hotel construction industry, anywhere between 24 to 30 months. The company will then go ahead and demolish the old building. 

Another 45 floors 800 room hotel to be developed alongside the 130-Room Hotel & 30 Residential Apartments in Sarona

The 130-Room Hotel & 30 Residential Apartments in Sarona will not be the first or the only one of its kind in the area.

There is another 45-floor hotel with a total of 800 planned rooms, that is being developed nearby, on the same street. The hotel will also include a sky lobby on the 38th floor, a spacious convention center, a spa with two pools and restaurants alongside stores.

However, unlike the Sarona Hotel that is being built by Grofit, the neighboring hotel will not include residential apartments. 

Must Read

Plans approved for construction of 32-storey tower at Leadenhall Market in London

Plans have been approved for the construction of a 32-storey tower at Leadenhall Market in London. The Square Mile's "tourist appeal" will be boosted...

Construction of US$ 200M solar panel manufacturing plant in Ohio in the pipeline

Plans are underway for the construction of a US$ 200M solar panel manufacturing plant in Ohio. The facility is set to be built by...

Ground breaks for electric vehicle (EV) battery giga factory in Kokomo, Indiana

A groundbreaking ceremony has been held for a new electric vehicle (EV) battery giga factory in Kokomo, Indiana. The project is developed by Stellantis in...

Construction begins on the Kennedy Expressway, Chicago

The next week will see the start of a three-year construction project on the Kennedy Expressway. Up until July, certain sections of the two...

Dosti Realty Launches The Dosti Eden Residential Project

Leading real estate builder and developer in Mumbai and Thane Dosti Realty, has launched phase 2 of the Dosti Eden Residential Project. Similar to the...

Brightline West, Los Angeles to Vegas High-Speed Rail

After reaching an agreement with a group of significant labor unions, Brightline, the corporation behind the project, expects construction on the bullet trains to...

LEAVE A REPLY

Please enter your comment!
Please enter your name here