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Jerusalem Plan Would Quadruple Site’s Residences

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Developer Keshet Hatzlacha hopes to build a multitower residential development in Jerusalem; rendering by Rosenfeld Arens Architects.

A developer pursuing a residential urban renewal project in Jerusalem’s Kiryat Menachem neighborhood cleared a hurdle when the Jerusalem Local Planning and Building Committee approved the plan, which would more than quadruple the number of residences in the area, Globes reported in March. The project, set for a 3.5-acre site on Costa Rica Street, would involve the demolition of seven buildings holding 175 apartments. In their place, developer Keshet Hatzlacha Real Estate would build three 30-story buildings holding 740 apartments. Also new would be a daycare center, a kindergarten, a synagogue, 1.25 acres for a new school, a park and commercial space. The project architect is Mendy Rosenfeld. A local residents’ committee is opposed to the project, citing an increase in traffic. The plan was forwarded to a district committee.

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