Melisron plans huge expansion for Ramat Aviv Mall
The grandiose plan includes a new commercial floor and four towers for hotels, offices and apartments for rent.
Israeli income producing real estate company Melisron Ltd. (TASE: MLSR) is promoting a grandiose plan to triple the size of the Ramat Aviv Mall and the surrounding complex in North Tel Aviv, The Tel Aviv Municipality has confirmed. The project to expand the Ramat Aviv Mall area includes adding a third floor for stores in the mall itself and building four more high-rise towers.
According to the initial details, the first tower, which will have 15-floors for a hotel, will be built facing Einstein Street. Another 15-floor tower facing Brazil Street will be for residential apartments for sale and rent, while two 32-floor high-rises facing Brodetsky Street, will be built on the current car park outside of the mall. The plan also includes deepening the underground car park on Brazil Street with four more floors. The project is
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