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Preparation of outline plan for the western neighborhood K/450/B
Approval of outline plan for the western neighborhood K/450/B
Preparation of a detailed plan that includes consolidation and division tables
Depositing a detailed plan including consolidation and division tables for the eastern complex
Discussion of objections to the detailed outline plan
Approving the plan and making the land available for construction

Western Kiryat Ata East K/450/B

Land prices relatively afordable
Advanced planning with limited value
3.6/5
1200-1600
NIS per meter
Land not construction ready

Property Description - General

Type: Land
Designation: Residential
Country:Israel
City: Kiryat Ata
Est # years to construction approvals: 2
Est # units / dunam: 7

Listing rating

מערב קריית אתא מתחם מערבי תשואה שנתית משוערת לשנה לנדויזלי לנדוויזלי לנדוייזלי לנדווייזלי קרקע להשקעה
Estimated profit potential
3/5
The profit potential depends on the planning stage when complexes in an earlier planning stage receive an additional score and also the value of the land today is weighed against the estimated future value‎
מערב קריית אתא מתחם מערבי מיקום לנדויזלי לנדוויזלי לנדוייזלי לנדווייזלי קרקע להשקעה
Location
3/5
At a reasonable distance from the city's industrial zone and the metro passing nearby
מערב קריית אתא מתחם מערבי וודאות תכנונית לנדויזלי לנדוויזלי לנדוייזלי לנדווייזלי קרקע להשקעה
Construction approval odds
5/5
At a very advanced planning stage, following the preparation of consolidation and division tables for the area but prior to the plan's approval.
מערב קריית אתא מתחם מערבי דרוג לנדויזלי לנדוויזלי לנדוייזלי לנדווייזלי קרקע להשקעה
Final rating
3.6
3.6/5
Preparation of outline plan for the western neighborhood K/450/B
Approval of outline plan for the western neighborhood K/450/B
Preparation of a detailed plan that includes consolidation and division tables
Depositing a detailed plan including consolidation and division tables for the eastern complex
Discussion of objections to the detailed outline plan
Approving the plan and making the land available for construction
The western neighborhood in Kiryat Ata, located on the western side of the city, adjacent to the north of Zebulon Street and near the Frostig neighborhood (which is part of the plan that applies to the complex and where an urban renewal procedure is planned as part of the plan)

Description of the Property Complex:

The western neighbourhood complex in Kiryat Ata is marked as an area for urban development according to the district outline plan of Haifa.

In 2014, plan K/450/B was approved in the complex, which is an outline plan (a plan under which permits cannot be issued) marking the western neighborhood complex as an area for the establishment of a neighborhood with the scope of construction of 6,000 housing units on an area of ​​1,195 dunams.

Plan 450/b actually divided the western neighborhood complex into three sub-complexes, each complex containing a separate detailed plan that would unify the land: an eastern complex and a western complex which are currently without construction and a central complex which includes the Prostig neighborhood designated for construction evacuation.

Where can the K/450/B planning documents be found?

Program regulations c/450/b – Kiryat Ata

Draft plan c/450/b – Kiryat Ata

Construction annex c/450/b – Kiryat Ata

Sketch of complexes c/450/b – Kiryat Ata

What was the planning progress since the K/450/B program been approved?

In October 2018, plan 305-0603571 was deposited, which is a detailed plan that includes consolidation and division tables for the eastern complex of the plan.

Detailed plan No. 305-0603571 is an initiative of Shikun and Binui Real Estate and the municipality of Kiryat Ata. The plan applies mainly to lands owned by private owners and includes consolidation and division without the owner’s consent. The area of ​​the plan is about 590 dunams and is bounded between Hatala Street in the east, Zebulon Street in the south, Bialik in the north and Frostig neighborhood in the west.

The plan includes a new residential neighborhood with the scope of 2,950 housing units, a commercial center with the scope of 9,000 square meters as well as commercial and employment areas along the main axis of the neighborhood with the scope of approximately 9,000 square meters in addition to the public buildings and open public areas with the scope of 3,500 square meters which include an arterial public park.

The residential land designations include a variety of multi-family residential types in different densities at different heights of up to 18 floors.

Following objections submitted to the plan’s consolidation and division table, it was decided by the objections sub-committee that the plan documents and the plan’s consolidation and division table must be corrected due to defects in it. Accordingly, on 04/01/2023, a notice was published according to section 106B of the Planning and Construction Law on the repeated publication of the plan and the revised consolidation and division tables.

Notice according to section 106b

Where can the documents for plan 305-0603571 be found?

The regulation of the deposited 305-060357 program

Sketch of the deposited plan 305-0603571 Kiryat Ata – northern section

Sketch of the deposited plan 305-0603571 Kiryat Ata – southern section

Union and division tables – principles document 305-0603571 Kiryat Ata

Union and division tables – 305-0603571 Kiryat Ata

Following the re-publication, objections to the plan were resubmitted which will be discussed in the coming months and will decide the fate of the plan’s approval.

Lots and parcels included within the Western Kiryat Ata East K/450/B:

Plots in the complex (the areas are in accordance with the details of the land that appear in the appendix to the allocation and balance tables of the deposited plan 305-0603571)

Lot 11007: Parcels included partially: 46

Lot 11007: Parcels included in full: 1-45, 47-50

Lot 11008: Parcels included partially: 47-48, 50-51, 55-56, 58, 108, 111

Lot 11046: Parcels included partially: 4

Lot 11046: Parcels included in full: 2

Lot 11047: Parcels included partially: 1

Lot 11047: Parcels included in full: 2-17

Lot 11048: Parcels included partially: 2, 11, 16, 21, 34, 39, 44

Lot 11048: Parcels included in full: 1, 7-10, 22-33, 45-46

Lot 11050: Parcels included partially: 1, 77, 99, 102-103

Lot 11050: Parcels included in full: 2-51, 54-64, 72-76, 79-98, 100-101, 105-119

Lot 11052: Parcels included partially: 36, 54, 72-73, 78-79

Lot 11052: Parcels included in full: 1-4, 7-11, 13-35, 41-53, 59-71, 77

Lot 11540: Parcels included partially: 153, 155

Property Complex Advantages:

Land prices are relatively afordable for investment
An increasingly developing area

Property Complex Disadvantages:

An advanced planning stage with limited potential for further value increases

Expected increase in value

Price trends

Recent transactions

Recent land transactions in West Kiryat Ata Eastern Complex

עסקאות קרקע אחרונות - מערב קריית אתא מתחם מזרחי כ/450/ב

Additional land transactions in Israel:

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