The Israeli occupation authorities today approved the destruction of dozens of Palestinian businesses in Wadi al-Joz neighborhood of occupied East Jerusalem as part of a plan to construct a new settlement on their ruins called ‘Silicon Valley’, a step that has raised concern and anger of the Palestinian businesses in the area, most of them have been there since before the Israeli occupation in 1967.
The Israeli municipality of West Jerusalem has advanced the plan for the technology park, the Silicon Valley or Wadi Silicon, which would result in the confiscation of 2,000 dunums of Palestinian-owned land and the demolition of over 200 Palestinian shops, restaurants, and facilities such as car repair and parts shops, in the neighborhood to make room for the construction of some 900 hotel rooms.
Sounds totalitarian, but the article doesn't say if these shop owners will be compensated. Government appropriation of land is not unusual in any country. It's most typically done for roadway expansion or construction, but fair compensation should always be negotiated prior to expropriation. Obviously it's a Palestinian newspaper so there may be some bias by omission.