History
Construction began on December 14, 1967, but work was prematurely halted due to financial difficulties. The building was finally inaugurated on August 18, 1993. The inauguration ceremony was attended by Prime Minister Yitzhak Rabin and the mayor of Tel Aviv Shlomo Lahat. The station's prolonged construction period gave it the title of white elephant among the public, and in light of this, the inauguration ceremony included releasing a white elephant balloon into the sky.
The station opened with six floors, and the initial planned called for buses to travel to all six. In practice, only four of the six floors were used as bus terminals, and in 1998 the first- and second-floor platforms were transferred to the newly-opened 7th floor. This act killed off the remaining businesses in the first two floors and hurt businesses on the third.
In January 2012, the owners of the station filed for its bankruptcy.
Read more about this topic: Tel Aviv Central Bus Station
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