 In 2009, the Tel Aviv municipality began to approve plans to construct a number of new highways and widened arterial roads throughout southern Tel Aviv, including the proposed railway road, which would partially encircle Neve Tzedek.As part of these plans, the municipality approved the construction of a large number of skyscrapers in and around Neve Tzedek.A number of parking lots would also be constructed along Rothschild Boulevard in order to handle the parking demand induced by the new road space.