This is the most fustrating part of the whole area...

they have 2 towers, planned for 3 and the 3rd one is probably 20% done, with a good portion of it being used in the mall and some floors being build atop.....


whats going on with the tower?
When will they finally complete it and make Azrieli centre look nice :)

They said October.
Maybe October 2048.
who know, we give up.

They said October.
Maybe October 2048.
who know, we give up.


Azrieli has so much money, yet they can't build something...come on!!!!!

Build a resedential tower..wasnt it suppose to be something. Its completely a waste of money and space....

cant they make it something..perhaps a University tower or something?

they are going to build official+hotel in Azrieli 3

they are going to build official+hotel in Azrieli 3


Skyscrapers.com didnt say anything about it.....
Hotel would be nice...good area in all...

They should build Resedential from the top to the 20th floor and hotel from 20th down... :)


Is the City Gate Ramat Gan a half resedential/half office?

City gate 55-67 residental

Azrieli 3 will 13-27=hotel

They have already completed a quarter of it, so they might as well finish it.

Its a really neglected thing for Azrieli.....

clearly they are only using it for a huge billboard...

The part that is already done does some things in it, so it's not as if it's empty.

no wonder azrieli complex is seen as symbolizing israel, it started out bombastic, it grew nicely, it will never really be completed, just a lot of talking :)

Can anyone take a recent picture of Azrieli #3?

some hope?

קניוני עזריאלי: גיוס של 500 מיליון שקל בבורסה



הגיוס יבוצע באיגרות חוב, כאחד השלבים לקראת הנפקת מרכז עזריאלי בבורסה של תל-אביב - בעוד כ-4 חודשים
גולן חזני



מרכז עזריאלי בת"א יוצא לגיוס ראשון בבורסה. איש העסקים דוד עזריאלי, בעלי הפרויקט, משלים בימים אלה את ההכנות לגיוס של 500 מיליון שקל באיגרות חוב. הגיוס יבוצע באמצעות חברת קנית השלום, המנהלת את הקניונים של עזריאלי בישראל.



ל"ידיעות אחרונות" נודע, כי הגיוס של מרכז עזריאלי יבוצע כאחד מהשלבים האחרונים לקראת הנפקת מניותיו בבורסה, בעוד 4-3 חודשים. על ביצוע ההנפקה אין עדיין החלטה סופית.



נשיא קבוצת עזריאלי, מנחם עינן: "לאחר 20 שנות פעילות במשק הישראלי אנו מגיעים למשקיעים הישראלים עם קבוצה בעלת איתנות פיננסית מרשימה, נכסים מוצלחים והנהלה אחראית ויציבה". עוד ציין כי, "שוק ההון הישראלי חשוב לנו והחלטנו כי זהו העיתוי הנכון מבחינתנו לפנות למשקיעים בישראל ולשתף אותם בעסקינו".



מרכז עזריאלי בת"א הוקם לפני כ-6 שנים וכולל כיום קניון ושני מגדלים, העגול והמשולש. בקניון מבקרים מאות אלפים בכל חודש והוא נחשב לאחד הרווחיים


בישראל. משרדי המגדל העגול והמשולש, בשטח של 100 אלף מ"ר, מושכרים לעשרות חברות, בהן קונצרן אי.די.בי ובזק. באחרונה חידשה קנית חוזי שכירות ל-10,000 מ"ר לשוכרים שונים, בהם משרד עו"ד יגאל ארנון.



נכסיה של קנית השלום כוללים את מרכז עזריאלי, פרויקט מרכז העיר במודיעין, הרצליה ביזנס פארק, בניין לאומי ושות' בתל אביב. בנוסף היא מחזיקה ב 50% מקריית המדע והטכנולוגיה בפתח תקווה, בנין ח.מר בחולון, קניון מרגלית השרון, מרכזים 2000 בחולון, מבני משרדים בירושלים, וכן בקניון חולון (40%) ובמגדל משרדים בטקסס (33%). על פי נתוני פרופורמה נכון לדצמבר 2004 שווי הנכסים הכולל של קנית השלום עמד על 3.4 מיליארד שקל והכנסותיה הסתכמו ב-290 מיליון שקל.

^
:?
?

The artical says that Azrieli is profit 500 million NIS but it doesnt say for what purpose

no, what the article says is azrieli is raising 500m nis in bonds for future projects,
not final, and it will happen in 3-4 months.

so - the saga continues..

NIS, not $...

corrected it.

No offense, but I have heard numerous articles in the past that the construction will resume soon and that never happened, so only when a crane comes up there I will believe that it has continued.

המגדל ה3 חייב להיבנות כי רשת המלונות מרידיאן מתכננת שחלק מהמהגדל יהיה מלון... משהו כמו 15 קומות לא בטוח..
בכל מקרה המגעים נעשו והדבר יצא לפועל

לפי מה שניתן ליראות , העבודות מתקדמות במרכז והמגדל ה3 ממש בדרך, השטח הוכן להמשך והפיגומים הוצבו מחדש (=

^^ When the day comes and they will continue the construction I will personaly go there and take pictures of it!!

i will join.....

If they made or have 500 million shekels in bonds and stuff, what is the problem.
It cant be money....
it can't be skyscraper limits...

what can it be?

Im guessing maybe the exit from Ayalon... it may be something that is not good and may cause traffic or something?

Or perhaps such close range towers might make a pigua in the end?

http://img188.imageshack.us/img188/4566/pic42jk.jpg

Is the new tower the one to the right or the one to the left?

The right one...

and I think that the problem is with the city hall and that they had an argument with Azriely about something, and they stopped the construction because of that...

the argument is finished its now just a matter of "will there be demand for office and hotel space" in the square tower.

As for offices, the israeli diamond exchange may move there I heard, they are now looking for a 10 storey building or 10 floors to rent, and as tourism is up I think having a hotel there may be good.

^^ The diamond exchange is in Ramat Gan, so if they are searching for an office building it will be in Ramat Gan, no?

the argument is finished its now just a matter of "will there be demand for office and hotel space" in the square tower.

As for offices, the israeli diamond exchange may move there I heard, they are now looking for a 10 storey building or 10 floors to rent, and as tourism is up I think having a hotel there may be good.

you meant the Israel stock exchange bourse from Echad Ha'am st. in Tel Aviv ,not the Diamonds exchange bourse from RG.

It would still be nice if there is resedential in Azrili. Would look very nice :)

make some penthouses or something...but no patio or anything...

living above a mall??? I dont know about you, but I couldent live there, just not right for me...

what's the big deal living under a mall??

living above a mall??? I dont know about you, but I couldent live there, just not right for me...


WHAT ABOUT ALL THOSE APPARTMENTS AND DOWN BELOW A SHOOK :D

Your not living under a Mall, your living under a centre...and ur connected to the Ayalon, to the train station and yes... to a commercial centre...

I dont think that 5000+ workers just come and go from Azrieli everyday for work :)

There is a picture in the renovation thread that showed the north entrance to Azriely center, and some people in Tapuz forum suggested that the foundation shown in the pic are maybe for the 3rd Azriely tower!!!and that the entrance that is built is for the construction vehicle for it also!!!

http://img2.tapuz.co.il/forums/64429376.jpg

Can it be possible?????????could it be true????????????? :runaway:

hopefully it is :)

I dont care what they do with it...
they can make the whole tower into a waterslide...but just fucking finish it man :(

Not really related:
They are building a new entrance from north to the project.

They can build it and never built the 3rd tower if they would like to...

They were wishing to build it for 5 years, so it will be easy for people to get to the mall and the project in general.

A man can dream, no?

Since when it does need a new foundation, especially when a quarter of it is already filled?

.....I dont know and I dont care!!!!all I want is just to see that complex been complate already!!!!!!!!!!!!!!

^^ in jewish homes it is custom to leave one part unfinished to symbolize the temple destruction and for good luck, so here they left a little bit as well: the third tower :lol:

In any case, let's say 'they' said they were going to build the 3rd tower in October 2005 - and actually did start to build it in October.. That would be acceptable for Germany, Japan - maybe even America, but certainly not for Israel. Heck, it'd be un-Israeli, un-Jewish and almost anti-Zionist:-) I mean, where's the haggling, the getting on each-other's nerves, the suspence and the anticipation of it all? Imagine if the 3rd tower was built as part of the original complex, would this particular thread even exist?!

Jokes aside, holes in the ground exist in all major / world-class cities, TA is not alone. For instance, in Sydney, the craters literally covered the CBD (for a looong time) right up until the Olympics in 2000... In fact, there is one notable complex - The Darling Park - that's somewhat similar to the Azrieli insofar that it also comprises 3 towers. The 1st was built in late '80's(!!!), 2nd - mid '90's, the 3rd ONLY STARTED last yr (they too were meant to be built at the same time..). There's hope for Azrieli No.3 yet.

Talks with Leviev on Azrieli Square Tower hit trouble

David Azrieli wants Africa-Israel Hotels to find a more prestigious brand than Holiday Inn

Guy Yamin 15 Nov 05 17:54

Sources inform ''Globes'' that the negotiations between Africa Israel Hotels Ltd. (TASE: AFHO) and Canit Hashalom Investments, to rent 14 floors in the Azrieli Square Tower in a 25-year lease for an estimated $80 million have run into difficulties. Africa-Israel Hotels is a subsidiary of Africa-Israel Investments Ltd. (TASE:AFIL; Pink Sheets:AFIVY), controlled by Lev Leviev. David Azrieli owns Canit Hashalom.
One disagreement between the parties concerns the brand of the hotel that will occupy the Square Tower. Azrieli does not want the Holiday Inn brand, which Africa-Israel Hotels operates in Israel, and insists that the latter find a more prestigious hotel chain. Marriott International Inc. (NYSE:MAR) has been mentioned, but it is unlikely to become a partner with Africa-Israel Hotels for this site, because the Square Tower lacks a convention center and ballrooms characteristic of Marriott hotels.

Another possibility is Crowne Plaza Hotels and Resorts, for which Africa-Israel Hotels owns the Israeli franchise. Azrieli is considering this option and might agree to this chain operating the hotel.

Africa-Israel Hotels is reported to have revealed recently that Azrieli had previously negotiated with Fattal Hotel Management to lease space for 20% less than Canit Hashalom is asking in its current negotiations. Those negotiations were for a 25-year lease at a total of $65 million in rent, a percentage of turnover, and $14 million in management fees. Fattal Hotel Management is owned by David Fattal, Ofer Brothers, and Israel Phoenix Assurance Ltd. (TASE:PHOE1;PHOE5) controlling shareholder Jacob Shachar.

Published by Globes [online], Israel business news - www.globes.co.il - on November 15, 2005

The WTC in NYC had Marriot and it didn't complain about it being prestigous or not.