Agreement to move Sde Dov Airport in Tel Aviv clears way for 16,000 apartments

Airport is situated on a stretch of beach in northern TA blocking off access between the sea and the posh Ramat Aviv area.

By
July 17, 2013 17:33
1 minute read.
Sde Dov airport

airport at sde dov_311. (photo credit: Wikimedia Commons)

 
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The Tel Aviv District Court on Wednesday approved an agreement to move Sde Dov Airport from the city’s north to Lod, which will free up a large swath of the city for building 16,000 housing units.

The agreement between the Finance Ministry, the Israel Lands Authority and local authorities settled the level of private participation in funding the airport move. Private owners will provide NIS 20 million of the NIS 230m.

needed for the move, while the Finance Ministry will pay for the remainder.

Finance Minister Yair Lapid welcomed the decision, which took the Finance Ministry’s position that private owners needed to participate in the costs of the moving the airport, which sits on land jointly owned by the state.

“Moving Sde Dov from the heart of the city to Ben-Gurion International Airport will allow the construction of thousands of housing units in the center of area in demand, which will grow supply and help lower housing prices,” Lapid said.

The move comes on the heals of a housing cabinet “comprehensive plan” approved in June to grow the housing supply, both for purchase and rent, by 150,000 in the next decade. One tenet of the plan includes turning over IDF land in highdemand areas.

Sde Dov operates mostly domestic flights to Eilat and a few destinations in the North. It is also used by the Israel Air Force.

The airport is situated on prime real estate along a stretch of beach in northern Tel Aviv, blocking off access between the sea and the posh Ramat Aviv neighborhood and cutting off continuity between the commercial center and a spate of new residential buildings along the city’s northern border.

The Bank of Israel has long urged increases to the housing supply to reduce housing prices, an issue that took a central role in the 2011 social protests.

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