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Home Special Real Estate Magazine

Tel Aviv's next iconic building stands to be 'environmental sculpture'

Architects Ron Arad and Avner Yashar will design a huge, 300-meter-high, 77-floor tower * The tower is expected to serve about 20,000 office workers * And what about parking? "We'll encourage the use of public transport."

by  Ofer Petersburg/Special Real Estate Magazine
Published on  11-10-2021 14:40
Last modified: 11-10-2021 14:40
Tel Aviv's next iconic building stands to be 'environmental sculpture'ViewPoint

Computer imaging of the ToHa2 tower | Courtesy: ViewPoint

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The City that Never Sleeps will soon sport another iconic building – a huge, 77-story office tower has been submitted for planning by architects Ron Arad and Avner Yashar.

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The tower, called ToHa2, is 3 times the size and height of the adjacent ToHa1, also on HaShalom Road. The tower will be built at a cost of about NIS 3 billion, and will reach a height of 300 meters. It will be located at the intersection of Totzeret Haaretz Street, Yigal Alon Street, and Hashalom Road in Tel Aviv. Upon its completion 5 years from now, it will contain enough space for about 20,000 workers.

A dramatic skybridge will connect the two towers at a height of about 100 meters above street level, creating a kind of "street in the sky." Alongside the stunning view, the unique space will include restaurants, cultural venues, entertainment and recreation areas, gym facilities, and an auditorium.

Although the new tower is a single building, its structure creates the impression of three separate towers measuring about 55,000 sq.m. each and connected vertically. Each of the three parts has a separate lobby or sky lobby.

Architects Ron Arad and Avner Yashar also designed the ToHa1 tower, recently designated the "best office tower in the world." Amot Investments, part of the Alonei Hetz Group, in collaboration with Gav Yam, is leading the project, construction on which will begin in the upcoming months, after construction of the underground parking lot is completed. Work on the tower is expected to be completed in the course of 2026. Income from the tower after its completion and full occupancy is expected to reach about NIS 280 million a year.

The unique project was unveiled at a festive press conference attended by Ron Huldai, mayor of Tel Aviv-Yafo. The land on which the project as located is owned by the Tel Aviv-Yafo Municipality. Also present were the directors of the companies involved – Chairman of Amot Investments Nathan Hetz and CEO Shimon Abudraham, Chairman of Gav Yam Eldad Fresher and its CEO Avi Jacobovitz, and architects Ron Arad and Avner Yashar.

'One of the first projects to implement the reduced parking standard'

The project is located next to the HaShalom train station and is joined by a plan for a transit hub that includes two metro lines with an exit leading directly to ToHa Gardens. In addition, the complex includes a large parking lot that will offer a wide range of advanced transit solutions. Special emphasis will be laid on charging stations for electric cars, parking spaces for two-wheeled vehicles, and bicycle storage rooms. The parking lot's design provides charging solutions for 100% of the vehicles in the lot.

Due to the engineering complexity of the huge project, the developers hired the services of the world's largest engineering company, WSP, which employs tens of thousands of engineers and specialists. WSP is responsible for planning and building dozens of skyscrapers around the world. Its rich experience is expected to ensure the optimal functioning of the ToHa2 tower's electro-mechanic systems, specifically elevators and escalators that will quickly and efficiently transport workers and visitors from the lobby floors to any point in the tower.

According to Huldai, "The new project to be constructed at one of the central, most accessible junctions in Tel Aviv is expected to be one of the first projects to implement the reduced parking standard that we're leading. It will encourage workers to travel to work using public transport or two-wheeled vehicles. I'm also glad to see that the dark forecasts regarding the future of offices and urban employment have been proven false."

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Nathan Hetz, Chairman of Amot: "Considering the unique location of the ToHa project, at an intersection that is in fact the central port of entry to Tel Aviv, it is a great privilege for us as developers to initiate and plan, with the help of outstanding and groundbreaking architecture, this amazing environmental sculpture – the ToHa1 project and its continuation, ToHa2, which is being launched today. I believe that when the ToHa2 tower joins the city's skyline in the upcoming years, it will immediately become a landmark and the symbol of Tel Aviv for the next generations."

Eldad Fresher, Chairman of Gav Yam: "The companies' decision to invest about NIS 3 billion attests to our faith in the Israeli economy, in its future growth, in the structure of its labor market, and in the ability of the Israeli economy to navigate its way in the future as well, despite changes and threats."

This article might include sponsored and commercial content/marketing information. Israel Hayom is not responsible for its nature or its credibility. The publication of such content or information shall not be considered a recommendation and/or an offer by Israel Hayom to purchase and/or use the services or products mentioned in this article.

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