About the project

5 Keren Hayesod is an urban renewal project in Raanana offering apartments for sale in the burgeoning heart of the city. The project includes the addition of 11 new apartments. The new apartments being offered have all been architecturally designed, feature high-quality finishing, a rich specification, exceedingly attractive pricing and a high standard of construction.

The project is a Structural Reinforcement project – TAMA 38 Amendment 3 with additional construction of two and a half stories on an existing building. As part of the project, the existing tenants have received additional floorspace, the structure facades have been renovated and redesigned, balconies have been added, a new lobby has been built, all of the building’s infrastructures have been replaced and more. Once the construction process is completed in the coming months, the outcome will be a renovated building designed to advanced architectural standards, reinforced to withstand earthquakes.

Location
Burgeoning Raanana – the city is developing at a breakneck pace, being one of the most attractive cities in the Sharon region. It is a magnet for young families seeking good quality of life alongside thriving community life.

Raanana has been resurgent in recent decades as good city management yielded tremendous strides forward in terms of education, sport, music, infrastructures and rapid growth of its industrial parks and employment opportunities.

General Information
Project architect – Yael Tomashin
Project status: the structural skeleton has been completed, the project is in its finishing stages
Expected completion and delivery – third quarter, 2020.