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Canada-Israel Development Corporation to Build Mall

Shopping Centre to be located in North Tel Aviv.

By: Sammy Hudes
Published: July 8th, 2010 in Business » Israel
A shopping centre in Tel AvivPic: A shopping centre in Tel Aviv

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.

Related articles: shopping centre, canada-israel development
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