New IKEA store may open within months

The Rishon LeZion Municipality and the Ministry of Interior have agreed on a scaled-down plan for the store.

Representatives of the Rishon LeZion municipality and the Ministry of the Interior have reached agreement on a scaled down plan for a commercial zone in the Me’uyan Soreq lot. The plan, which must now go forward for review and approval by the Central Region District Planning and Building Commission, will not allow for the building of a commercial project by Gazit-Globe (TASE: GLOB), but it will allow IKEA Israel to open its second store.