Urban renewal

755 apartments, commercial spaces, and public areas will be built in the market area. Rothschild Street will become a pedestrian-only promenade, and historic building facades will be preserved.

VATMAL discussed a major urban renewal near “Ha'Atzmaut” station with 4,600 new homes, commerce, jobs, bike paths, and public spaces. Around 1,600 existing units will be vacated for the project.

The local committee in Be'er Ya'akov approved the first phase of the Herzl Street project. Managed by Enav and Almog, construction is expected to start in about a year.

Urban renewal hit a record in 2024: 30% of new builds were Tama 38 or evacuation-reconstruction. For the first time, both permit types were equal. Top cities: Jerusalem, Ramla, Netanya.

A new project by Prashkovsky Group and Landco Real Estate, part of Resido, is underway. Located at the highest point in the city with sea views, it involves demolishing 3 buildings with 60 apartments

Building permit approved: Almog Group to build 964 apartments, 6,000 sqm of commercial space, a school, and a green boulevard in Bat Yam’s Ramat HaNasi neighborhood - its largest project to date.

Rozio Group and Levinstein will lead an urban renewal in Holon’s Tel HaGiborim, replacing 162 old apartments with 640 new ones in towers and mid-rise buildings, along with public spaces and upgrades.

Jerusalem is undergoing a transformation, with new high-rise construction, a light rail system – and public debate about preserving its heritage amidst modernization.

With prestigious projects in Tel Aviv, Ramat Hasharon, and beyond, the group, which started its journey in Ashdod, will market hundreds of apartments in the coming year.

1,000 apartments, commercial spaces, and an urban renewal project by Arie Prashkovsky Group and Landco Real Estate aim to transform Kiryat Bialik’s Tzur Shalom into a leading neighborhood.