This week in Jerusalem

Peggy Cidor’s round-up of city affairs.

July 10, 2014 11:48

A damaged light-rail station in Shuafat.. (photo credit: SETH J. FRANTZMAN)

A financial face-lift
The Bank of Israel building opposite the Prime Minister’s Offices on Givat Ram, will be renovated at a cost of NIS 336 million, including a temporary move to another building.

The works, which will begin in 2015, will take three years – during which the 600 employees will be relocated to a rented financial center in the northern part of the city. The cost for the interim period is budgeted at NIS 85m. Among the scheduled renovation works is the construction of a sheltered structure in the middle of the actual building, to be used in cases of emergency, like missile and rocket attacks, at a cost of NIS 74m.


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