Expanding and Upgrading the Tel-Aviv Fast Lane Parking Lot

Expanding and upgrading the fast lane parking lot and renovating the public transportation terminal.

The project includes:

• Adding 2 new parking structure levels– 65,000 square meters, and a total of 1,800 additional parking spaces.
• Building R&R facilities for public transportation and shuttle drivers.
• Upgrading the public transportation terminal.
• Implementing control and structural monitoring systems and auxiliary systems for parking lot customers.
• Upgrading permanent and alternating signs.

During the expansion work, the parking lot continues to function as usual, except for areas closed down for construction. To ensure user convenience, and reduce the number of parking spots eliminated by the work, a temporary lot has been built, containing approximately 850 parking spots. The temporary lot will be operational throughout the expansion period, alongside the main parking lot. Furthermore, another internal shuttle has been added between lots at a high frequency.

Budget Estimation:

About 650 million NIS

Construction termination Forecast:

2023.