History
In the 1920s, several kibbutzim were established in the Bat Galim neighborhood on Haifa Bay in the wake of British Mandatory budgeting for development of the area. With the coast of Palestine lacking a modern harbor, the British authorities drew up plans for new port facilities. The Haifa Bay Development Company, founded in February 1925 to further these plans, could not recruit the necessary capital, so the transaction was made by the Palestine Land Development Company. The land was purchased from the Sursock family, which had bought it from the Ottoman government in 1872. The 45,000 dunam tract was known as the Jidro lands. The company also acquired a 99-year concession for an additional 12,000 dunams of adjoining land, bringing the total area to 57,000. The land changed hands several times due to financial difficulties, eventually becoming the property of the Bayside Land Company, established in cooperation with the Jewish National Fund. In 1928, the company commissioned Patrick Abercrombie to draw up a development plan.
In 1934, the Phoenicia glass factory was established in Haifa Bay. The company moved to Yeruham in 1968, and is still operating today.
Read more about this topic: Haifa Bay
Famous quotes containing the word history:
“There is nothing truer than myth: history, in its attempt to “realize” myth, distorts it, stops halfway; when history claims to have “succeeded” this is nothing but humbug and mystification. Everything we dream is “realizable.” Reality does not have to be: it is simply what it is.”
—Eugène Ionesco (b. 1912)
“A great proportion of the inhabitants of the Cape are always thus abroad about their teaming on some ocean highway or other, and the history of one of their ordinary trips would cast the Argonautic expedition into the shade.”
—Henry David Thoreau (1817–1862)
“There is no history of how bad became better.”
—Henry David Thoreau (1817–1862)