Full Breakdown
Jerusalem Completes NIS 44 Million Revamp of Har Hotzvim Hi-Tech Park
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Redevelopment Completed After Six-Year Build-out
The Jerusalem Har Hotzvim Hi-Tech Park, a central hub for technology and innovation, finished a redevelopment project valued at NIS 44 million. The effort, led by the Jerusalem Development Authority (JDA) and the Jerusalem Municipality, spanned more than six years and introduced extensive infrastructure upgrades, including new roads, sidewalks, parking facilities, advanced lighting, and underground waste systems.
Infrastructure Enhancements and Public Spaces
Renovations added modern technological infrastructure to support security systems and upgraded public amenities. New landscaped seating areas, wooden decks, and improved central-plaza landscaping were installed. The upgrades also permit food-truck operations in designated zones, slated to begin in the coming months.
Capacity Expansion and Tenant Profile
The park now occupies roughly 450,000 sq m and is slated to expand to about 800,000 sq m. Current facilities host approximately 15,000 workers, while projections anticipate more than 25,000 employees from Israeli and international firms. Existing tenants include Intel, Mobileye, Medtronic, Medinol, Elbit Systems, Ophir Optronics, Alpha Tau, and Rafael, which opened its campus in the complex last year.
Official Statements & Responses
Jerusalem Mayor Moshe Lion emphasized that the investment extends beyond physical improvements, describing it as a commitment to the city’s high-tech workforce and future entrepreneurs. Zachi Namir, CEO of the JDA, framed the project as a direct investment in Jerusalem’s growth engines, highlighting its role in attracting businesses, talent, and high-quality employment.
Verbatim Quotes
- “Our investment in the park goes far beyond roads, sidewalks and public spaces – it is an investment in thousands of employees, leading companies and the next generation of Jerusalem’s high-tech entrepreneurs,” — Jerusalem Mayor Moshe Lion, said jerusalem mayor
- “Investing in the infrastructure of a technology hub of this scale is a direct investment in Jerusalem’s engines of growth – in the companies operating here, their employees and the city’s ability to continue attracting businesses, entrepreneurs and highly skilled talent,” — Zachi Namir, CEO of JDA