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.
It’s no secret to Israelis that our country has a transportation problem. But despite public awareness, it’s not getting any better.
The Rozio Group and the Levinstein Company were chosen to promote an urban renewal (evacuation and reconstruction) project in the Tel Giborim neighborhood in Holon.
Mivne Real Estate raised NIS 700 million through a bond and commercial paper issuance. CEO Uzi Levy: "Confidence in the capital market, we continue our plan to increase NOI to NIS 1.25 b. by 2028."
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.
After years of stagnation, two plans with 8,600 units were approved in S. Or Yehuda, including jobs & green space. A national plan with solutions for airport limits and special government funding.
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.
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.
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