Is it just a damaged old stereogram of a construction site? If you know someone who lives in Tel Aviv, please show them this photograph and ask whether they can identify the location. Because if this is part of the White City then what you're looking at is a World Heritage Site being built.
According to the Library of Congress bibliographic notes, this image was published in 1936 but possibly taken during the 1920s. They have a few others also. If it's possible to get confirmation of an exact location on any of these (preferably with a photograph of the site as it appears today), then there may be enough historic value to justify a featured picture and a day for the restored version of one of these images on Wikipedia's main page. Without that information, though, these are just construction sites.
Context makes all the difference.