According to the most recent updates, Leonardo DiCaprio is poised to become a co-owner of a luxurious hotel in Tel Aviv, Israel, following the green light from the Tel Aviv District Planning and Building Committee. This exciting venture, which involves a collaboration between DiCaprio, The Harag Group, and the entrepreneurial brothers Ahikam and Lior Cohen, has been in the works since 2018, indicating a long-standing commitment to this ambitious project.
Discover the Upcoming Luxury Hotel by Leonardo DiCaprio in Israel
The highly anticipated hotel project, spearheaded by the Titanic star, has been under careful consideration for an extended period. Initial plans for the hotel underwent significant changes, expanding from a modest 10,000 square meters to an impressive 51,000 square meters. The finalized design features a remarkable 14-story building with a total of 365 luxurious rooms, catering to high-end travelers seeking opulence and comfort in Tel Aviv.
This significant development will be strategically located in the Herzliya Marina area of Tel Aviv, known for its vibrant atmosphere and stunning waterfront views. Leonardo DiCaprio is set to hold a ten percent stake in this venture, while the remaining ownership will be shared between The Harag Group and the Cohen brothers. Although the project’s origins trace back to 2018, it received formal approval for deposit in 2024, culminating in the final approval granted just this week, as reported by The Jerusalem Post.
The Harag Group expressed their enthusiasm about the project, stating, “We welcome the decision of the Tel Aviv District Committee. The Herzliya Marina project stands as a testament to our strategic vision, encompassing a wide range of real estate developments, including urban renewal, profitable real estate, and luxury hotels. Our meticulous planning underscores our dedication to meeting international standards, a commitment that is also reflected in the Herzliya Marina project.”
During the approval process, Eran Nitzan, Chairman of the Tel Aviv District Committee, emphasized the committee’s commitment to fostering hotel initiatives along the beautiful coastline and within marinas. He stated, “The plan aligns with our vision to develop a scenic promenade, a welcoming public square, and aesthetically pleasing restaurant facades along the hotel’s stretch, all aimed at enhancing the public spaces for the community and visitors alike.”
This recent development comes amid Leonardo DiCaprio’s silence regarding the ongoing Gaza crisis. As a recognized United Nations Messenger for Peace, the Academy Award-winning actor has yet to publicly comment on the pressing situation, which has raised questions among his followers and the public.
