Tel Aviv was established in 1909 as Achuzat Bait, the "First Hebrew City after 2000 years of exile", Tel Aviv took its current Biblical name the following year. The city was founded as simply a residential suburb of its neighbour Yaffo, with no economic activity allowed within its borders. At the northern end of Herzel Street, mandatoric Israel's first Jewish school in 2000 years, Gymnasia Herzeliya, was established. One of Tel Aviv's most famous skyscrapers, Shalom Mayer Tower , occupies the site these days. On May 15th, 1948, The State of Israel was declared in Tel Aviv, which then served as Israel's first capital until the liberation of Jerusalem two years later, during that year Yaffo was also annexed to Tel Aviv, which was then officially renamed Tel Aviv - Yaffo. Today "The City Which Never Sleeps" has become the nation's economic, commercial, and cultural heart. It claims the largest skyline in Israel and is the country's 2nd largest city, attracting businessmen and tourists from all over the world. Over 1.1 million people visit this metropolitan daily. Tel Aviv lies on the soft sand beaches of the Mediterranean coast, and is filled with high-class hotels, restaurants, museums, concert halls, cinemas, and theatres along with Tel Aviv University, Israel's largest with over 27,000 students. Future developments like the Tel Aviv Subway-Tram and many tall buildings on the drawing boards give a promising future to Israel's Big Apple. In July, 2003, Tel Aviv's White City was announced unanimously by UNESCO as a World Heritage Site, as the city boasts the largest number of Bauhaus International Style buildings in the world, some 2500 buildings.