Elite Tower

From Wikipedia, the free encyclopedia
Elite Tower

A sketch of the original Elite Tower
General information
Status Approved
Type Mixed-use
Location Ramat Gan, Israel
Coordinates 32°4′57.89″N 34°48′14.75″E / 32.0827472°N 34.8040972°E / 32.0827472; 34.8040972Coordinates: 32°4′57.89″N 34°48′14.75″E / 32.0827472°N 34.8040972°E / 32.0827472; 34.8040972
Estimated completion 2013-2014
Cost $300 million
Height
Roof 290 m (950 ft)
Technical details
Floor count 85
Design and construction
Architect Tito Architects
Developer Azorim Group

The Elite Tower is a skyscraper approved for construction in Ramat Gan, Israel. At 280 meters upon completion, the tower will be the tallest building in Israel while taking the title from its neighbor, City Gate Tower. Originally slated to be constructed by Donald Trump as the Trump Plaza Tower, the tower is now being constructed by the Azorim Group and is being constructed on the historic site of the Elite Candy Factory. The finished building will contain a museum as a tribute to this.

History

Elite junction showing construction site

Originally, the Elite Tower was planned by US property tycoon Donald Trump in association with Crescent Heights Investments as his first development in Israel. Called the Trump Plaza Tower, Trump shelved the plans in 2007, when the site was sold on to Azorim for NIS 306.5 million.[1][2] Trump purchased the site for $44 million.[3]

Advanced planning for the site was frozen by Azorim as a result of the financial crisis of 2007–2010, but resumed in late 2009.[1]

Construction will begin in 2013, and the tower will be completed in 2016.

See also

References

External links


This article is issued from Wikipedia. The text is available under the Creative Commons Attribution/Share Alike; additional terms may apply for the media files.