Mobileye scraps planned Jerusalem tower for low-rise HQ — report

Times of Israel | Jan 21, 2020 at 12:19 AM
  • Mobileye, a Jerusalem-based maker of technologies for self-driving cars, has altered a plan to build a complex including a 30-story tower in the capital, settling instead for a group of buildings that will reach no higher than nine floors, the Calcalist website reported Monday.
  • The Jerusalem Municipality, which strongly backs what is a major construction project for the capital, allowed Mobileye to change its plan without inviting objectors to the project — of which there is reportedly just one — to attend the meeting.
  • Mobileye, which specializes in technology for self-driving cars, was bought by Intel in 2017 for $15.3 billion, one of the largest ever purchases of an Israeli company.