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/ Netanya
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About Netanya
At first it was named after the Zionist philanthropist, Natan Strauss (1848-1931). Founders' hopes to gain his financial support faded and the city's name was slightly changed, to Netanya, meaning "God's gift". By the 1930's the city had grown rapidly with its first hotel, the Tel Aviv Hotel, established in 1933 and the first factory, Primazon, the following year. The 1930's also saw the growth of the city's future hallmark, the diamond industry, giving the city its nickname - 'The diamond city'. First Jewish town to be given city-status in 1948, right after the establishment of the State of Israel. A decade later the city had quadrupled its population also becoming one of Israel's most successful tourism cities. The city still boasts some of the best sun-soaked mediterrenian beaches and so is a favourite among foreign tourists and property investors with 23 hotels. During the last decade the city has experienced a construction boom in residential developements adding thousands of units in suburbs such as Kiryat Nordau and Ramat Poleg in the south. |
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