Friday, March 4, 2011
Henry Taic's 600-room hotel on Hayarkon approved
Taic's Nahal Group plans on building the Forum Palace Hotel which will comprise two 17 floor buildings in the excavated land where the old Sheraton hotel was once located. In addition to the 600 rooms above ground, the hotel will have banqueting halls, restaurants, cafes and service areas as well as a two floor underground car park.
Taic's Nahal Group is also building Israel's first Kempinski Hotel as part of the David Promenade Residences on Herbert Samuel Street at an investment of NIS 200 million as well as the first Waldorf Astoria just north of the Hilton hotel.