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Caesarea (45km) and is a town in Israel on the outskirts of Caesarea Maritima, the ancient port city. It is located mid-way between Tel Aviv and Haifa, on the Israeli Mediterranean coast near the city of Hadera. Modern Caesarea as of December 2007 has a population of 4,500 people, and is the only Israeli locality managed by a private organization, the Caesarea Development Corporation, and also one the most populous localities not recognized as a local council. It lies under the jurisdiction of the Hof HaCarmel Regional Council.
With the establishment of Israel, the Rothschild family made an agreement to transfer most of their vast land holdings to the new state. A different arrangement was reached however for the 35,000 dunams of land the family owned in and around modern Caesarea: After turning over the land to the state, it was leased back (for a period of 200 years) to a new charitable foundation. In his will, Edmond James de Rothschild stipulated that this foundation would further education, arts and culture, and welfare in Israel. The Caesarea Edmond Benjamin de Rothschild Foundation was formed and run based on the funds generated by the sale of Caesarea land which the Foundation is responsible for maintaining. The Foundation is owned half by the Rothschild Family, and half by the State of Israel.
Caesarea is located on the Israeli Mediterranean coastal plain, the historic land bridge between Europe, Asia and Africa approximaetly half-way between the major cities of Tel Aviv 45 kilometers (28 mi) and Haifa 45 kilometers (28 mi). Caesarea is situated approximately 5 kilometers (3 mi) north west of the city of Hadera, and is bordered to the east by the Caesarea Industrial Zone and the city of Or Akiva. Directly to the north of Caesarea is the town of Jisr az-Zarqa.
Caesarea is very much a dormitory settlement with many of its residents commuting to Tel Aviv and Haifa. On the outskirts of Caesarea, however, lies the Caesarea Business Park, a 3500 dunam business park. The park houses approximately 170 companies and employs about 5,500 people. Industry on the park varies from distribution to hi-tech sectors. The residential neighborhoods have a small shopping concourse with a newsagent, supermarket, optician, and bank. There are a number of restaurants and cafes scattered across the town, with a number within the ancient port.
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