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.
Israel's municipalities are failing on nearly every possible front, government probe reveals
New construction giant: Shoval acquires Yitzhak Stern in industry-changing deal
Smart cities: A top strategic interest for the State of Israel
History on the path of peace: Old buildings demolished, hundreds of apartments to be built
Oron Real Estate began razing old buildings on Derech HaShalom for HELLO Tel Aviv, a project with 600 units. Residents cheered as 59 yellow balloons rose in support of the hostages.
1,195 apartments in Beit Shemesh: The first evacuation-reconstruction project starts
Beit Shemesh starts urban renewal with Ramat Lechi’s first phase: demolishing two buildings and building 400 units, focusing on public housing and community infrastructure for the general public.
The state to invest millions: A small central city prepares for a major transformation
The ministry of housing and urban renewal authority signed a deal with Or Yehuda to fund infrastructure. Coming soon: permits for 2,720 units and plans for nearly 13,000 more.
Tel Mond's largest urban renewal project approved despite opposition
The District Committee approved 370 new units to replace 5 old buildings. The local council objected but was overruled. The projected revenue is approximately 881 million shekels.
Hadera is transforming: Major urban renewal to revolutionize the municipal market area
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.
Massive renewal in Bat Yam: 4,600 apartments to be built around the light rail station
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.
1,880 apartments: Be'er Ya'akov's first urban renewal project begins
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.
Every third apartment in Israel: All-time record in urban renewal
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.
Urban renewal in Ashkelon expands: A new project is underway
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
After a decade of waiting: Bat Yam’s mega urban renewal project finally set to begin
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.
