Elite Tower

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Elite Tower
A sketch of the original Elite Tower
Information
Location Israel Ramat Gan, Israel
Status Approved
Use Mixed-use
Height
Roof 244 m (800 ft)
Technical details
Floor count 80
Cost $300 million
Companies
Architect Tito Architects
Developer Azorim Group

The Elite Tower is a skyscraper currently under construction in Ramat Gan, Israel. At 244 meters upon completion, the tower will be equal in height with its neighbor the City Gate Tower as the tallest building in Israel. 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. Construction on the tower began in early 2008.

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[edit] History

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 2007–2009, but resumed in late 2009.[1]

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Coordinates: 32°4′57.89″N 34°48′14.75″E / 32.0827472°N 34.8040972°E / 32.0827472; 34.8040972

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