menu-control
The Jerusalem Post
The Jerusalem Post: Business and Innovation

Talpiot: A Jerusalem neighborhood where dreams meet reality

 
 Construction is underway in Jerusalem's Talpiot neighborhood. (photo credit: MARC ISRAEL SELLEM)
Construction is underway in Jerusalem's Talpiot neighborhood.
(photo credit: MARC ISRAEL SELLEM)

A blend of Israeli, American, French, Arab, Ethiopian, and Russian residents makes for an interesting population group who all come together to make Talpiot what it is. 

As a Talpiot resident, I love the combination the neighborhood provides between its residential calm and the hustle and bustle on our doorstep. A blend of Israeli, American, French, Arab, Ethiopian, and Russian residents makes for an interesting population group who all come together to make Talpiot what it is. 

Residential construction

Talpiot’s residential real estate market has been a kaleidoscope of change over the years. The neighborhood, with its historical charm and modern allure, has become an attractive destination for both local and international buyers. 

Housing blocks, which have provided a home for Ethiopian immigrants since they arrived from Ethiopia, are scheduled for demolition and rebuilding as part of the pinui binui (vacate and rebuild) and Tama 38 projects. Notably, construction has already commenced on Hatasiya and Haharoshet streets for new residential skyscrapers, while buildings on Derech Beit Lehem bordering Derech Hebron are also slated for renovation.

Commercial construction

One key factor influencing the changing residential prices in Talpiot is the ongoing urban development and construction projects.

Advertisement

On the commercial front, Talpiot is witnessing a transformative shift, with an expansive area of 1.2 million sq.m. redefined by Derech Hebron, Derech Moshe Baram, the railway tracks, and Rivka Street. The transformation will turn Talpiot from an industrial zone into a bustling commercial and business district.

 General Pierre Koenig Street in Talpiot, Jerusalem. The planned route of the Blue Line light rail. (credit: MARC ISRAEL SELLEM)
General Pierre Koenig Street in Talpiot, Jerusalem. The planned route of the Blue Line light rail. (credit: MARC ISRAEL SELLEM)

The constant construction in Talpiot is not merely a reflection of demand but also a proactive response to the city’s growing population and economic expansion. New developments, whether residential or commercial, contribute to the neighborhood’s economic vitality while simultaneously reshaping its skyline. This continuous transformation adds an air of excitement and potential for those seeking real estate investments in Talpiot.

Planned light rail

One of the major plans for Talpiot’s future includes the Blue Line of the Jerusalem light rail. The line will connect the Gilo neighborhood with Derech Hebron, Keren Hayesod Street, King George Street, Mea She’arim, Har Hotzvim, and Ramot – with an extension line stretching down Emek Refaim Street, Gonenim, and Malha. This line will enhance the two other operational lines.

Plans for construction of the line have already been approved by the District Planning and Building Committee, and the roadworks will start in the neighborhood imminently. The line is scheduled to open by 2027-2028. ■


Stay updated with the latest news!

Subscribe to The Jerusalem Post Newsletter


Traffic Corner

Talpiot may well be famous among Jerusalemites for its abysmal traffic. Even without the construction projects, the neighborhood has a reputation for giving drivers time alone with their thoughts. The combination of a crooked street layout and the number of pedestrian crossings means that traffic crawls at a snail’s pace. 

The Boulevard Project on Pierre Koenig Street, though temporary, is a significant aspect of this transformation, focusing on reorganizing traffic and infrastructure. However, the challenge of traffic persists due to the multitude of small streets and numerous pedestrian crossings, causing frequent stops and starts.

Advertisement

To address this traffic issue, a new tunnel under Derech Hebron connects Asher Viner Street with the top of Ha’uman Street and Derech Moshe Baram, which has already helped alleviate congestion.

  • Est. Population: 20,000
  • Avg. Real Estate: Home (buy) – NIS 2.15 million. Apt. (rent) – NIS 4,500/mo.

×
Email:
×
Email: