Urban renewal

New construction giant: Shoval acquires Yitzhak Stern in industry-changing deal

Shoval Engineering Group is expanding its execution arm through the acquisition of veteran builder Yitzhak Stern, strengthening its position in housing, urban renewal and logistics projects.

Group Photo Following the Deal’s Completion
Haim Bibas, Chairman of the Federation of Local Authorities in Israel  and Mayor of Modi'in Maccabim Reut

Smart cities: A top strategic interest for the State of Israel

Rishon LeZion, Israel-June 10, 2017: Scaffolding around 4-storey house is located at 35 Katznelson Street. The building is being renewed in accordance with Tama 38 program.

Urban renewal

"Israel’s urban renewal now targets luxury areas, rebuilding old buildings to match prime land value."

The next generation of urban renewal in Israel: Redevelopment in luxury areas


Israeli cities need to give incentives to build safe rooms during wartime - opinion

The deputy to the CEO at Oron Real Estate, Gal Castel, urges authorities to set urban renewal targets and create incentives for projects for safe rooms in outlying areas.

 Urban Renewal Project

Grapevine: Rising too high?

Movers and shakers in Israeli society.

A massive construction site off Jaffa Road, not far from the entrance to Jerusalem, seen in 2022.

Ginat Tamar Nursery: A tranquil Baka spot withstanding time, development

Despite the salubrious appearance of the place, it seems there was something of an ulterior motive behind the choice of professional moniker

 Ginat Tamar Nursery in Jerusalem

Urban Renewal: Still strong despite the war

Resilience and progress in urban renewal despite local elections, interest rate hikes, and war.

 Exceeding Expectations: In 2023, Approval Granted for Construction of 41,000 New Apartments.

Building permit reform may cut building time by up to 4 years

Local committees can now simultaneously approve building permits with plans. Anticipated impact: easing 'bottleneck,' cutting urban renewal construction timelines

 Up to 4 years less to build a building: the licensing revolution starts today.

The end of long-delayed urban renewal projects?

A new amendment empowers apartment owners to cancel stagnant urban renewal agreements, providing relief from years of delays and inadequate progress.


Rapid construction licensing reform underway

Construction industry news: Interior minister signs regulations to expedite plan and permit approval, aiming to shorten process by 1-4 years


Renewing protection: 136 in the South, 3,257 in Tel Aviv

Ashkelon vs. Tel Aviv: 2,300% gap "highlights the urgency of the situation," the RE appraisers' head said. "Decision-makers must act swiftly, with a focus on the broader urban and regional benefits."


YMCA Jerusalem: A diamond of diversity in a contentious city

The historic YMCA institution in Jerusalem has been renovated but still needs work, members say.

 SYLVAN ADAMS Sports Center at the historic Jerusalem International YMCA.

The rehabilitation of Tel Aviv’s Yad Eliyahu

The often-overlooked neighborhood is currently undergoing a major face-lift that will bring top-tier academia and commerce to local residents.

 THE YAD ELIYAHU neighborhood in Tel Aviv.