Mayor Yehoshua Rabinowitz reported yesterday that contracts have been signed with a Los Angeles investor, David Perry, for development of the old Tel Aviv port area along the northern section of the Tel Aviv beach. The development will include a marine city, an amusement area, hotels and apartment buildings.
The Mayor said he could promise Tel Aviv residents that by next summer they may have a clear section for swimming on the beach and a new park in the southern beach section just north of Jaffa. He reported intensive work was underway to complete diversion of outlets from which sewage has polluted the sea. He reported also plans to build 1,000 dormitories for students from abroad, to be built north of the River Yarkon and near the Tel Aviv University campus. He did not mention any funds which will be required for the various projects.
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