The square, built in 1934, was part of the original urban plan by Sir Patrick Geddes, and was designed by architect Genia Averbuch. Dizengoff Square is named for Zina (Tzina), the wife of Tel Aviv's first mayor, Meir Dizengoff. Twice a week, a second-hand market took place at the bottom level; it was subsequently moved to Giv'on Square due to the square's reconstruction.

The beis medrash (synagogue/study hall) of the Koidanover Rebbe, Rabbi Yaakov Tzvi Meir Ehrlich, is located in Dizengoff Square. This beis medrash serves as an outreach center where weekly lectures and a Friday-night Oneg Shabbat attract many secular Jews and guide them towards religious observance. The Koidanover Rebbe is well known as an inspiring speaker and educator.

Sources: https://en.wikipedia.org/wiki/Dizengoff_Square By Matson Photo Service - This image is available from the United States Library of Congress's Prints and Photographs division under the digital ID matpc.12657.This tag does not indicate the copyright status of the attached work. A normal copyright tag is still required. See Commons:Licensing for more information., Public Domain, https://commons.wikimedia.org/w/index.php?curid=5892955 Photos: © Joel Goldberg