Renewal plan near Independence Square in Netanya deposited: 114 apartments instead of 49

An urban renewal plan at 3 to 5 HaMitmad Street and 8 Bialik Street, near Independence Square in central Netanya, has moved to the deposit stage. At this stage, the plan documents can be reviewed and objections can be filed under the Planning and Building Law. The plan covers about 3.1 dunams (a dunam is 1,000 square meters), and its number is 408-1098342. The report did not give the developer's name.

Today the compound has three older buildings with 49 apartments. On HaMitmad Street there are two three-floor buildings with 28 apartments, which are slated for demolition. In their place a residential tower of 27 floors with 91 apartments will be built.

The building at 8 Bialik Street, which has 21 apartments, will not be demolished. It will be strengthened and expanded, and will include 23 apartments on about eight floors. In total there will be 114 apartments in the compound, an addition of 65 apartments.

On the ground floor of the tower, a built public space is planned, which will be registered in the name of the Netanya Municipality. Its use has not yet been determined.

The local planning and building committee approved the plan for deposit in May 2026. According to the planning databases, its status was updated on October 13, and the deposit notice was updated later that same week. It is important to know that a deposit is not a building permit. No date has yet been published for demolition or the start of construction, and the plan still has to go through a hearing on objections and final approval. During the deposit period, anyone who considers themselves harmed by the plan may file an objection.