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


Stuck with an old flat? Israeli firm offers car-style trade-in

The developer’s new program allows buyers to hand over their current home as part of the purchase of a new apartment.

Israeli real estate developer Av-Gad Holdings has launched what it says is the first “trade-in” program for new apartments in Israel, allowing buyers to hand over their existing home as part of the deal when purchasing a new unit.

How long does urban renewal take to launch? 'Only' 16 years

208 Jaffa residents completed choosing their homes in the TEL-AVIVA project, which will include 12 new buildings, about 800 units, a green boulevard, and a unique park on Jerusalem Boulevard.

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Grapevine: Happy 80th, dear Dorraine!

Movers and shakers in Israeli society.

A look at a construction site that blocks foot traffic in Jerusalem's city center.

The quiet influencer guiding urban renewal projects to success

In urban renewal, the quietest elements often hold a project together. What key checks protect residents and ensure fair economic viability? Real estate appraiser Israel Yaakov shares essential tips.

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Jerusalem's business owners demand pedestrian bridge to save city center stores

A pedestrian bridge can save countless businesses in Jerusalem's city center, owners beseech the municipality as construction blocks customers and foot traffic.

A look at a construction site that blocks foot traffic in Jerusalem's city center.

Without subsidy, there is no project: The new reality in urban renewal

The Southern District Committee reviews two projects: in Beersheba, complementary land saves an unprofitable D neighborhood renewal, while in Eilat, tens of millions in subsidies are needed.

D Neighborhood, Beersheba.

Breakthrough in Eilat: A 25-story tower to replace old buildings

Southern District Committee approved Ye'elim urban renewal: 216 new apartments replace 75 old, with commercial areas, public buildings, open spaces, and gov’t subsidies (Standard 21)

Eilat City, Red Sea Coast, Sea of Sinai.

Joining forces in urban renewal: Red Sea Development expands its activity

Red Sea Development from the Papouchado Group is expanding its operations: a strategic collaboration with "Shelly Epstein Urban Renewal."

Tzahi Omer, CEO of Yam Sof Real Estate from the Papushdo Group.

On the way to 800 housing units in Jaffa D: Mega urban renewal project launches

The Tel Aviv-Jaffa Local Committee for Planning and Construction approved a building permit application for Almog Group’s urban renewal project

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Urban renewal in Shazar Complex, neighborhood G: Beersheba municipality joins developer

This week, Beersheba’s Local Planning Committee recommended depositing the urban renewal plan for the Shazar complex, with the municipality joining a private developer as co-submitter.

Urban Renewal, Shazar Complex, Beersheba – Design by Bareli Levitzky Kassif Architects, Visualization