Story about one raised in resort (5)
I believe the answer is:
eilat
'resort' is the definition.
(Israeli resort)
'story about one raised' is the wordplay.
'story' becomes 'tale' (synonyms).
'about' means one lot of letters goes inside another.
'one' becomes 'I' (Roman numeral).
'raised' says the letters should be written backwards.
'tale' going around 'i' is 'talie'.
'talie' backwards is 'EILAT'.
'in' acts as a link.
(Other definitions for eilat that I've seen before include "Israel's Red Sea port" , "city" , "Red Sea resort" , "Gulf of Aqaba port" , "Israeli resort" .)