Massive construction planned for Ra’anana Metro station
A major urban renewal plan around the M1 metro station on Ahuza Street in Ra'anana proposes demolishing existing buildings and constructing 8-16 floor structures, increasing housing units by 160% to nearly 8,400, and adding office and commercial space. The population is expected to grow from 5,100 to about 20,000. The plan, promoted by the National Planning Commission, is expected to be approved by end of 2027.
A major urban renewal plan is being promoted around the planned M1 metro line station on Ahuza Street in Ra'anana. The plan proposes demolishing existing buildings and rebuilding much larger structures, increasing housing units by 160% from 3,177 to nearly 8,400 apartments in buildings of 8-16 floors. The area will also gain 45,000 square meters of office space and 40,000 square meters of commercial space. The population is expected to grow from about 5,100 to about 20,000. The National Planning Commission is handling the plan and held roundtable discussions last month to address issues. The plan is expected to be approved by the end of next year. Real estate professionals warn of complexity due to many rights holders, including apartment owners, shops, offices, and parking lots. The Ahuza Street station is one of 100 plans being promoted around the Metro, which includes three lines, 145 km, and 109 stations across 24 municipalities, with a target opening of 2037.