No Result
View All Result
  • Login
Monday, September 15, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Regev’s Metro objections put 300,000 housing units on hold

by FeeOnlyNews.com
5 months ago
in Business
Reading Time: 2 mins read
A A
0
Regev’s Metro objections put 300,000 housing units on hold
Share on FacebookShare on TwitterShare on LInkedIn


More than five years after work on it began, National Outline Plan 70, which regulates construction around the planned Metro stations, was due to receive government approval yesterday. However, as reported by “Globes” yesterday, because of Minister of Transport Miri Regev’s objection to the plan for the northern section of the north-south M1 line of the Metro and the siting of the Metro depot in Kfra Sava, and her desire to connect the line to the Samaria region, approval of National Outline Plan 70 was deferred, putting the construction of some 300,000 housing units at risk. The plan cannot be approved until statutory approval is obtained for all the Metro lines.





RELATED ARTICLES




Regev seeks to connect Metro to Samaria






National Outline Plan 70 is designed to guide urban planning and density of development and urban renewal around the Metro stations in such a way as to encourage use of public transport and to capture the rise in value of real estate as a result of proximity to the stations for the purposes of special taxation that is an important component of the financing of the Metro project.

Among the projects that will be stuck because of the failure to approve National Outline Plan 70 are plans for 18,500 housing units around the Glilot South station, 17,500 housing units at Holon South, urban renewal plans for 4,000 units around the Petah Tikva Municipality station, 3,400 units at the Haroeh Ramat Gan station, 3,800 at the Givatayim Katzenelson station, 1,500 units at the Bat Yam Komemiyut site, 1,300 units at the Holon Yoseftal site, and many other projects. Until National Outline Plan 70 is approved, these projects cannot proceed to the building permit stage.

The Ministry of Transport stated in response: “These are tendentious and groundless claims with no factual basis. Following an approach by the heads of the regional councils of South Sharon and Samaria and the mayors of Kfar Sava and Tira, the minister of transport requested a further discussion of the location of the depot and extension of the Metro line to the Eyal intersection. The existing plan provides a transport solution to just one neighborhood in Kfar Sava, while the proposed alternative will provide a solution for hundreds of thousands of residents. In the light of all this, the minister of transport requested a further discussion in the National Infrastructures Committee to reexamine extension of the line to the Eyal intersection and the location of the depot.”

Published by Globes, Israel business news – en.globes.co.il – on April 28, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: holdhousingMetroObjectionsputRegevsunits
ShareTweetShare
Previous Post

Partner Channel Manager

Next Post

Josh Brown Says Rocket Companies (RKT) an ‘Obvious’ Buy for Rate Cut Environment

Related Posts

I’m 35 and finally financially stable — but now my parents want to borrow K for a new roof. What do I do?

I’m 35 and finally financially stable — but now my parents want to borrow $10K for a new roof. What do I do?

by FeeOnlyNews.com
September 15, 2025
0

At 35, Kelly is just starting to feel like she’s in control of her finances. Her family didn’t have a...

From Gaza to Europe: How one Palestinian outsmarted war, smugglers, and the Mediterranean using ChatGPT and a jet ski

From Gaza to Europe: How one Palestinian outsmarted war, smugglers, and the Mediterranean using ChatGPT and a jet ski

by FeeOnlyNews.com
September 15, 2025
0

It took more than a year, several thousand dollars, ingenuity, setbacks and a jet ski: this is how Muhammad Abu...

Australia’s financial regulator slaps a 0 million fine on ANZ, its largest ever on a single entity

Australia’s financial regulator slaps a $160 million fine on ANZ, its largest ever on a single entity

by FeeOnlyNews.com
September 15, 2025
0

Australia’s ANZ, one of the country’s “big four” banks, has agreed to pay a record fine of $240 million Australian...

Trump says he doesn’t want to ‘frighten off’ investors as ICE Hyundai raid sparks Korean outrage

Trump says he doesn’t want to ‘frighten off’ investors as ICE Hyundai raid sparks Korean outrage

by FeeOnlyNews.com
September 15, 2025
0

President Donald Trump on Sunday said foreign workers sent to the United States are “welcome” and he doesn’t want to...

Construction begins on Israel’s tallest residential tower

Construction begins on Israel’s tallest residential tower

by FeeOnlyNews.com
September 15, 2025
0

Israel's tallest residential tower will be built in the heart of Ramat Gan's Diamond Exchange district. Ramat Ran Municipality...

Stock market risk-reward now in favour, time to deploy cash: Kotak MF’s Atul Bhole

Stock market risk-reward now in favour, time to deploy cash: Kotak MF’s Atul Bhole

by FeeOnlyNews.com
September 14, 2025
0

After nearly a year of time correction and muted returns, Kotak Mutual Fund’s Atul Bhole believes the stock market’s risk-reward...

Next Post
Josh Brown Says Rocket Companies (RKT) an ‘Obvious’ Buy for Rate Cut Environment

Josh Brown Says Rocket Companies (RKT) an ‘Obvious’ Buy for Rate Cut Environment

Earnings Summary: Revvity (RVTY) reports higher revenue and earnings for Q1 2025

Earnings Summary: Revvity (RVTY) reports higher revenue and earnings for Q1 2025

  • Trending
  • Comments
  • Latest
1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

August 17, 2025
Of Property Rights, Civil Society, and Shampoo

Of Property Rights, Civil Society, and Shampoo

September 1, 2025
Engine Capital takes a stake in Avantor. Activist sees several ways to create value

Engine Capital takes a stake in Avantor. Activist sees several ways to create value

August 16, 2025
James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

September 2, 2025
Vanguard reaches .5M SEC settlement

Vanguard reaches $19.5M SEC settlement

August 29, 2025
RBC wealth revenue rises despite recruiting costs

RBC wealth revenue rises despite recruiting costs

August 27, 2025
I’m 35 and finally financially stable — but now my parents want to borrow K for a new roof. What do I do?

I’m 35 and finally financially stable — but now my parents want to borrow $10K for a new roof. What do I do?

0
Book Review: What I Learned about Investing from Darwin

Book Review: What I Learned about Investing from Darwin

0
Bluey Scavenger Hunt Board Game only .99!

Bluey Scavenger Hunt Board Game only $7.99!

0
OpenAI board chair Bret Taylor says we’re in an AI bubble (but that’s okay)

OpenAI board chair Bret Taylor says we’re in an AI bubble (but that’s okay)

0
Global Oil Field Chemicals Market Size, Trends, and Forecast

Global Oil Field Chemicals Market Size, Trends, and Forecast

0
How a Written Roadmap Can Empower Your Retirement Plans

How a Written Roadmap Can Empower Your Retirement Plans

0
I’m 35 and finally financially stable — but now my parents want to borrow K for a new roof. What do I do?

I’m 35 and finally financially stable — but now my parents want to borrow $10K for a new roof. What do I do?

September 15, 2025
Bitcoin ETFs lock .3b in inflows as BTC steadies above 5K

Bitcoin ETFs lock $2.3b in inflows as BTC steadies above $115K

September 15, 2025
How a Written Roadmap Can Empower Your Retirement Plans

How a Written Roadmap Can Empower Your Retirement Plans

September 15, 2025
From Gaza to Europe: How one Palestinian outsmarted war, smugglers, and the Mediterranean using ChatGPT and a jet ski

From Gaza to Europe: How one Palestinian outsmarted war, smugglers, and the Mediterranean using ChatGPT and a jet ski

September 15, 2025
5 fintechs that could IPO after Klarna

5 fintechs that could IPO after Klarna

September 15, 2025
Global Oil Field Chemicals Market Size, Trends, and Forecast

Global Oil Field Chemicals Market Size, Trends, and Forecast

September 15, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • I’m 35 and finally financially stable — but now my parents want to borrow $10K for a new roof. What do I do?
  • Bitcoin ETFs lock $2.3b in inflows as BTC steadies above $115K
  • How a Written Roadmap Can Empower Your Retirement Plans
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.