Urban renewal

From two construction families in Even Yehuda to leading real estate group: Shponder & Fadlon story

From family firms of Herzl Fadlon and Yehoshua Shponder in the 1970s to a Israel real estate group focused on development execution and urban renewal across Israel with large-scale portfolio.

Shponder & Fadlon Project.
Israeli State Comptroller Matanyahu Englman at the annual Jerusalem Conference of the 'Besheva' group in Jerusalem, February 16, 2026.

Israel's municipalities are failing on nearly every possible front, government probe reveals

Group Photo Following the Deal’s Completion

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

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


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

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."