We currently have just over 1.4 million ILS in the buildingĀ fund account, the majority of which is in a high interest account. The are still a number of Horat Kevas and pledges yet to be fulfilled.
Over the past several months, we have spoken with numerous building and construction consultants and professionals, and the consistent advice we receive is that building a concrete building would be the smartest and most economical option in the long term. We have engaged an architect who has drawn up a preliminary set of plans for a ~700 meter two-story building, which will be submitted to the Irya next week for approval. These are not the final plans but will be used to obtain a building permit, which should be issued within 5 months. In parallel, we will be finalizing the building design which will be shared with the Kehilla before sign off.
There is an option to add a third floor or basement, which may attract an investor (kollel, yeshiva, catering/event hall, shabbos rentals, etc) who could assume much of the upfront building costs. If you know of anyone who may be interested in this, please approach Aitan Zacharin.
The Building Committee.
