Elite Tower

For the tower complex under construction in Dubai, see Elite Towers.
Elite Tower
General information
Status Approved
Type Residential
Location Ramat Gan, Israel
Coordinates 32°4′57.89″N 34°48′14.75″E / 32.0827472°N 34.8040972°ECoordinates: 32°4′57.89″N 34°48′14.75″E / 32.0827472°N 34.8040972°E
Estimated completion 2017
Cost $300 million
Height
Roof 265 m (869 ft)
Technical details
Floor count 65
Design and construction
Architect Tito Architects
Developer Azorim Group

The Elite Tower is a skyscraper approved for construction in Ramat Gan, Israel. At 265 metres upon completion, the tower will be the tallest building in Israel while taking the title from its neighbour, 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]

As of 3 April 2014, it has been announced that the tower will have a height of 265 metres with a total of 65 stories, and will be accompanied by a 25-story office tower on the same site. The all-residential tower will contain 338 residential units. On the 65th floor, the architect has confirmed that there will be a viewing room as well as a cafe. Construction is expected to begin sometime in 2014 and be completed by 2017. [4]

See also

References

External links