Hanamal St. is located near Independence Boulevard, a central thoroughfare in downtown Haifa. The environment is characterized by old saturated construction, commercial buildings from the 1930s and 1940s alongside urban renewal in the form of Haifa University’s port campus, Tiltan College and student dormitories (under construction).
The restoration and reconstruction of the Hanamal 69 and 59 buildings are part of a vision to bring a new direction to Haifa, that is, transforming Haifa into a global center for digital health technology. The buildings will be growth engines for Haifa and its downtown area in particular. The project’s goal is to create a unique economic technological center based on regional assets and to provide employment growth, strengthen human capital infrastructure, increase migration and encourage innovative research.