New developmentNeot Afeka
MEZZO Neot Afeka, Nathan Alterman 19
מצו נאות אפקה, נתן אלתרמן 19
Delivery 202835 homes
- homes
- 35
- permit approved
- Apr 2026
- delivery
- 2028
The project
Boutique living in Neot Afeka, northern Tel Aviv
MEZZO Neot Afeka rises at 19 Nathan Alterman Street in Neot Afeka, a quiet residential quarter in northern Tel Aviv-Yafo. This building delivers 35 homes as the first half of a wider 69-home boutique development that pairs Alterman 19 with its sibling building at number 21, sharing a common underground parking structure across three basement levels.
The project is an urban renewal scheme under TAMA 38, replacing 1970s housing with new construction. It is developed by Shponder Ritov, a family-run developer and contractor founded in 2006, together with Y.A. Binui ve'Pituach, and designed by Tal HaYam Architects. The architecture reads in warm tones of wood, metal and glass.
The apartment mix runs from compact two-room units through four-room family homes, ground-floor garden apartments, and penthouses crowned with private roof terraces, several with private pools. Every home is built to current Israeli standards, including a protected room (mamad).
Residents sit minutes from Yarkon Park and the Afeka Academic College of Engineering, with the Ramat HaChayal business district and the Ayalon Highway within easy reach. The building permit was approved in April 2026, and construction follows the project's approved timeline toward delivery.
The addressNathan Alterman St 19, Neot Afeka, Tel Aviv-Yafoנתן אלתרמן 19
Timeline
From permit to keys
Currently: structure complete, Apr 2027
- Jan 2026Sales launch
- Apr 2026Building permit
- Jul 2026Appeals cleared
- Aug 2026Construction start
- Apr 2027Structure completeWe are here
- Dec 2027Finishing works
- Apr 2028Delivery
Features
Why MEZZO Neot Afeka
- Urban renewal under TAMA 38, demolition and reconstruction
- 35 homes in a boutique building
- Part of the 69-home MEZZO Neot Afeka development
- Shared underground parking across three basement levels
- Garden apartments and penthouses
- Private pools in select penthouses
- Protected room (mamad) in every home
- Warm design in wood, metal and glass
Location
Neot Afeka
Tel Aviv-Yafo, Tel Aviv District
Around the address
- Yarkon Parknearby
- Afeka Academic College of Engineering
- Ramat HaChayal business and tech district
- Tel Aviv University
- Ayalon Highway (Route 20) access
The developer
Ariel Shponder Ritov Alterman Tel Aviv Ltd
Shponder Ritov is a family-run development and construction company founded in 2006, focused on residential building and urban renewal projects across Israel.
- Shponder Ritov Construction
- Y.A. Binui ve'Pituach
- Tal HaYam Architects
The essentials
MEZZO Neot Afeka, Nathan Alterman 19, in facts
- Address
- Nathan Alterman St 19, Tel Aviv-Yafo
- Neighborhood
- Neot Afeka
- District
- Tel Aviv District
- Status
- New development
- Homes
- 35
- Building permit
- Apr 2026
- Delivery
- Apr 2028
- Developer
- Ariel Shponder Ritov Alterman Tel Aviv Ltd
- Company registration
- 515555753
Contact
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