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


The end for "machers" who have stalled urban renewal projects for years?

Power shifts to homeowners: New Justice Ministry rules fix developer payouts for canceled deals, aiming to unblock stalled urban renewal projects.

 New regulations demand full transparency in urban renewal.

Residents fought and the state approved: TAMA 38 extended until year-end in these cities

The National Council decided: TAMA 38 ends on August 29, 2024. In Tel Aviv, Bnei Brak, and Bat Yam, projects in the permit application process can be completed by year-end, within four months.

 Tel Aviv.

The first urban renewal project without financial assistance in Nof HaGalil

Exciting update from Nof HaGalil: An urban renewal plan for 950 housing units has been approved and is financially viable, requiring no additional funding.

The new boardwalk being built in Nof HaGalil.

In your city? 10 new urban renewal projects announced

Government Authority for Urban Renewal announces 10 new evacuation-construction complexes across five cities, replacing 1,169 existing apartments with 3,931 new units.

 Illustration: urban renewal of the Metropolis company in Tel Aviv.

Israel's first urban renewal plan under Shaked Alternative approved

Fast-track progress: Ashkelon municipality advances urban renewal plan in Afridar neighborhood as part of 'Shaked' alternative, aiming to reduce protection gaps and renew living environments quickly.

 Illustration: Urban Renewal Plan in Ashkelon

Bridging theory and practice: Can academia drive urban renewal in Israel?

Pioneering collaboration: Governmental Authority for Urban Renewal hosts groundbreaking conference to connect academic discourse with policy implementation.

 Illiustration

Renewal in Haifa: 533 apartments, clinics, and commerce for Kiryat Eliezer

Haifa's District Committee approves a plan for urban renewal in Kiryat Eliezer: 533 apartments, public & commercial spaces - 109 apartments currently in 10 old buildings renovated for the project.

Illustration: Urban renewal complex in Kiryat Eliezer

New regulations demand full transparency in urban renewal

Apartment owners in urban renewal projects will benefit from new regulations, ensuring transparency and cancellation if deal standards aren't met.

 New regulations demand full transparency in urban renewal.

Government budget approved: Cities expected to renew under state auspices

Israel gears up for a new wave of urban renewal agreements with an approved budget of NIS 120 million, extending to 7 more local authorities.

 A new wave of framework agreements for urban renewal.

17 new evacuation-construction complexes announced, mostly in Gush Dan

Governmental Urban Renewal Authority CEO Elazar Bamberger announces 17 new evacuation-construction complexes, mainly in Gush Dan, offering crucial tax benefits for project realization.

 17 new evacuation-construction complexes announced, in Gush Dan