Editor’s Note
This article reports on the approval of Israel’s tallest tower, a 120-story skyscraper, as part of a major expansion plan for the Ramat Gan Diamond Exchange district.
The Ramat Gan Local Planning and Construction Committee last week approved the construction of Israel’s tallest tower: 120 stories, plus two additional skyscrapers in the Ramat Gan Diamond Exchange district.
The plan applies to land owned by the Diamond Exchange between the current Diamond Exchange site and the Savidor train station in Tel Aviv. The plan is to expand the Diamond Exchange beyond the three existing towers. The previous plan for expanding the Diamond Exchange included two new towers, one of which was to be 111 stories high.
After being elected, Ramat Gan Mayor Carmel Shama Hacohen decided to expand the plan by building three new towers instead of two, constructing the largest tower at 120 stories instead of 111, and making the other two towers 88 and 77 stories. Part of the office space will also be used for the Diamond Exchange, and part will be allocated to other companies.
The new largest tower will be the tallest in Israel, surpassing the planned 100-story Bein Arim Tower to the south, on the border of Ramat Gan, Tel Aviv, and Givatayim. The plan requires approval from the Tel Aviv District Planning and Construction Commission.