A more comprehensive renovation by architect Dani Karavan was launched in 2007, encompassing both the Habima Theatre and the plaza. While most of the compound had previously served as a parking lot, the goal of the latest renovation was the construction of an underground lot, allowing the compound to serve as a big plaza. On 7 June 2010, the underground "Culture Parking Lot" was opened with an area of 40,000 m² and 1,000 parking spaces.