# Chen & Itay Gindi

> Chen & Itay Gindi is a private developer founded in 1998 by the brothers Chen and Itai Gindi, separate from Gindi Holdings. A group of business owners organised under its lead won seafront North lot 3107 on 26 March 2025

Canonical: https://shavnu.com/developers/chen-itai-gindi

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## About

Chen & Itay Gindi is a private developer founded in 1998 by the brothers Chen and Itai Gindi, separate from Gindi Holdings. A group of business owners organised under its lead won seafront North lot 3107 on 26 March 2025 for ₪208.8M plus ₪15.5M development, with most of the 82 homes belonging to the company for sale on the open market. The company markets the lot as 'Gindi Sde Dov, coming soon': two 9-storey buildings with 82 homes by Moshe Tzur Architects, in planning, with a waiting list and no published prices.

## Projects in Sde Dov

- **Gindi Sde Dov** (lot 3107, 82 homes)

## Tender history

- Led the purchase group that won North lot 3107, 82 units, ILA tender 267/2024 closed 26 March 2025: ₪208.8M land plus ₪15.5M development; 33 bids for the lot, the highest ₪236.2M
- Its bid ranked fourth for the lot and won because higher bidders who had won other lots were struck out under the one-lot rule; most of the homes belong to the company and will be sold on the open market (Calcalist, 27 March 2025)
- Named the project 'Gindi Sde Dov, coming soon' on its site on 8 April 2025: two 9-storey buildings, 82 homes, Moshe Tzur Architects, in planning, waiting list
- No design plan approval reported as of 28 September 2026
- Appealed the Central district plan together with Rami Shabiro; appeal rejected, February 2025
- Bid for private Eshkol lot 104 and lost to Dan Real Estate, March 2025


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Source: https://shavnu.com/developers/chen-itai-gindi on Shavnu, an independent English guide to the
Sde Dov district in Tel Aviv. Figures come from the public record: Israel Tax
Authority transaction reports, Tel Aviv GIS, tender results and the Hebrew press.