Since the 1970s, Dizengoff Street has suffered urban decay. The advent of the shopping mall, Dizengoff Center is cited as a principal reason for the decline, along with changes in the configuration of Dizengoff Square.
From the 1970s onward, Dizengoff Street has undergone significant urban disinvestment. The development of the Dizengoff Center shopping mall is seen as a key factor contributing to this decline, alongside alterations to the configuration of Dizengoff Square.