Search JTA's historical archive dating back to 1923

Building Construction Halted

August 1, 1974
See Original Daily Bulletin From This Date
Advertisement

Unless there is a change in the government’s policy, visitors to Tel Aviv will find several huge construction projects standing unfinished in the middle of the city. The government’s decision to freeze all non-essential building as part of its new economic policy has left the new Tel Aviv bus station with only one and a half floors built.

In the center of Allenby Street, one of the city’s main business areas, only the first three to four floors of a huge 14-story shopping center-hotel-office building complex is completed. Several similar projects, which were also being built with foreign investments, also stand half completed. However, local contractors have decided to continue working until they receive an official notice ordering them to stop. They are demanding contracts for new immigrant housing to replace the construction projects they must now abandon.

Recommended from JTA

Advertisement