The Central District Planning and Building Committee is expected to approve an urban renewal plan in Rishon LeZion that could result in the construction of 16,000 new apartments. The plan includes earthquake reinforcement and outlines a controlled process for urban fabric renewal. It is advanced under Section 23 of TAMA 38, which establishes conditions for urban renewal. The plan also includes mechanisms for adding commerce and public areas.
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Original article source: https://www.jpost.com/business-and-innovation/real-estate/article-821481
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