historic buildings from the Ottoman and Bauhaus era have been repurposed as fabulous hotels, eateries, boutiques, and design museums." In November 2009, Haaretz reported that Tel Aviv had 59 skyscrapers more than 100 meters tall. Currently, dozens of skyscrapers have been approved or are under construction throughout the city, and many more are planned. The tallest building approved is the Egged Tower, which would become Israel's tallest building upon completion. According to current plans, the tower is planned to have 80 floors, rise to a height of 270 meters, and will have a 50-meter spire. In 2010, the Tel Aviv Municipality's Planning and Construction Committee launched a new master plan for the city for 2025. It decided not to allow the construction of any additional skyscrapers in the city center, while at the same time greatly increasing the construction of skyscrapers in the east. The ban extends to an area between the coast and Ibn Gabirol Street, and also between the Yarkon River and Eilat Street. It did not extend to towers already under construction or approved. One final proposed skyscraper project was approved, while dozens of others had to be scrapped. Any new buildings there will usually not be allowed to rise above six and a half stories. However, hotel towers along almost the entire beachfront will be allowed to rise up to 25 stories. According to the plan, large numbers of skyscrapers and high-rise buildings at least 18 stories tall would be built in the entire area between Ibn Gabirol Street and the eastern city limits, as part of the master plan's goal of doubling the city's office space to cement Tel Aviv as the business capital of Israel. Under the plan, "forests" of corporate skyscrapers will line both sides of the Ayalon Highway. Further south, skyscrapers rising up to 40 stories will be built along the old Ottoman railway between Neve Tzedek and Florentine, with the first such tower there being the Neve Tzedek Tower. Along nearby Shlavim Street, passing between Jaffa and south Tel Aviv, office buildings up to 25 stories will line both sides of the street, which will be widened to accommodate traffic from the city's southern entrance to the center. In November 2012, it was announced that to encourage investment in the city's architecture, residential towers throughout Tel Aviv would be extended in height. Buildings in Jaffa and the southern and eastern districts