Canada-Israel Development Corporation to Build Mall



By: SAMMY HUDES  
Published: July 8th 2010
in Economics » Israel

A shopping centre in Tel Aviv
Pic: WikiMedia Commons

According to Globes, the Canada-Israel Development Corporation plans to build a mall in North Tel Aviv, adjacent to its luxury seafront Blue residential project near the Mandarin Hotel. The project began just a few months ago.

 

For the Canada-Israel Development Corporation, which is owned by Assaf Tuchmayer and Barack Rosen, this will be its debut in the mall business. The mall will be 30 000-square meters in size, located at the Country Club junction. The project is an investment of more than NIS 1 billion.

 

The location of the mall will be in between the Herzliya's Seven Stars Mall, owned by Israel Land Development Company and the Ramat Aviv Mall owned by Melisron Ltd.



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