Projects Under Construction

Policity, a company in which Shikun & Binui has a 50% stake, won a BOT tender to design, construct, manage, operate, maintain, provide training services and finance a Training Center for the Israel Police in Beit Shemesh, for a period of 25 years.

The tender has a budget of about 2 billion NIS .

The project is to be built by Shikun & Binui Solel Boneh, a member of the Shikun & Binui Group, which took many sustainability issues into account in its design proposal. The bid was based on Israeli Standard 5281 for environmentally friendly planning that emphasizes use of natural lighting, shade, topographical integration, preserving the outlines of the landscape and the wadi, green roofs, and preservation of natural areas within the grounds.  All these elements help to reduce energy consumption and thus reduce pollution.

The project incorporates recycling/purification of waste water for irrigation purposes, use of electric vehicles, use of solar energy, use of environmentally friendly cleaning materials, environmentally appropriate gardening, minimal use of disposable equipment, purchasing procedures that give preference to “green” products, economical lighting, and more.

This project is located on the corner of Weizmann and Berkowitz streets in Tel Aviv on the former judges’ parking lot. The courthouse project includes an underground 17,000 square meter parking lot, above which the modern Courthouse Tower, with an area of about 18,000 square meters, will be built.

The tower will contain courtrooms, offices for judges, clerks and various assistants, public areas and technical areas.  Within the parking lot there will be a new detention facility, to be integrated with a facility in the existing building.

The project has been designed as a green building, with an emphasis on saving energy and water.

Timetable for execution:  50 months (2010-2014).

The Israel National Roads Company, Shikun & Binui and Discount Bank have signed a NIS 1.7 billion financial closure agreement for maintenance work on northern roads.

This is a preliminary P.F.I. project for renovation, operation and maintenance of 270 kilometers of interurban roads by the private sector for a period of 20 years, in return for regular payments from the INRC.

The concessionaire will receive the road section between Nahal Hadera and Binyamina Junction (Route 4), the section between Faradis Junction and Oren Junction, the section between Emek Hefer and Hadera Police Square (Route 65), the section between the Caesarea Interchange and Megiddo Junction (Route 66), and Route 70 between Zichron Ya’akov and the Hatishbi Junction.

• Military Training City