About Levi Urban Renewal
Levi Urban Renewal is a company dedicated to guiding and advancing urban renewal and evacuation-reconstruction projects across Israel.
Founded with a clear mission, the company focuses on managing high-quality, impactful developments that genuinely improve the future of apartment owners, every step of the way. With comprehensive expertise in every aspect of the real estate industry, the company offers professional, responsible, and personalized support throughout the entire process.
Number of current projects
Urban Renewal Specialists
Urban renewal projects focus on revitalizing aging residential areas—improving, upgrading, and reinforcing existing buildings while also enhancing public spaces and infrastructure. These projects often include adding new apartments to older neighborhoods, either by strengthening and expanding existing buildings or by demolishing outdated structures and replacing them with modern developments.
Urban renewal
Learn more about urban renewal and why we’re the right team for your next project.
Our Specialties and Services
Levi Urban Renewal has extensive experience in promoting, managing, and overseeing residential, office, and commercial projects of all sizes in high-demand areas.
Identifying, promoting, and managing large-scale projects under evacuation-reconstruction and TAMA 38, while developing strategies and processes in the urban renewal sector.
In the fast-paced real estate industry, our Mergers and Acquisitions department offers strategic solutions for companies and entrepreneurs aiming to grow, expand,
or form key partnerships.
We specialize in acquiring individual projects, merging real estate companies, and purchasing businesses within the industry, tailoring the perfect solution for each unique transaction and partnership.
Mediation
• Mediating disputes with hesitant tenants.
• Facilitating agreements between stakeholders in urban renewal projects.
• Resolving project challenges from all perspectives.
• Managing objections throughout the process.
• Identifying the interests of all parties involved and developing creative solutions to reach mutually beneficial agreements.
• Supporting vulnerable or disadvantaged populations.
Levi Urban Renewal’s social consulting department is made up of a skilled and experienced team that has supported—and continues to support—hundreds of apartment owners in urban renewal projects across Israel.
ייעוץ חברתי
מחלקת הייעוץ החברתי של לוי התחדשות עירונית כוללת בתוכה צוות מקצועי ומנוסה אשר ליווה ומלווה כיום מאות בעלי דירות בפרויקטים של התחדשות עירונית ברחבי מדינת ישראל.
קידום וניהול פרויקטים
איתור קידום וניהול פרויקטים משמעותיים בהיקפים נרחבים בפרויקטים של פינוי בינוי ותמ"א 38 תוך בניית אסטרטגיות ותהליכים בתחום ההתחדשות העירונית.
מיזוגים ורכישות
בעולם העסקים הדינמי של תחום הנדל”ן, מחלקת המיזוגים והרכישות שלנו מספקת פתרונות אסטרטגיים עבור חברות ויזמים המחפשים לצמוח, להתרחב או להיכנס לשותפויות אסטרטגיות. אנו מתמחים ברכישת פרויקטים בודדים, מיזוגים של חברות נדל”ן ורכישת חברות בתחום, תוך התאמת הפתרון המדויק לכל עסקה ושותפות.
גישור
• גישור במחלוקות עם דיירים סרבנים. • בניית הסכמות בין בעלי עניין בפרויקטים של ההתחדשות עירונית. • גישור באתגרי הפרויקט על כל צדדיהם. • טיפול בהתנגדויות שונות בתהליך. • זיהוי אינטרסים בין כל הצדדים הנוגעים בפרויקט ויצירת חלופות ופתרונות יצירתיים לכדי הסכמות. • ההתייחסות לאוכלוסיות חלשות או פגיעות.
Levi Urban Renewal operates in these areas:
קריית ים
חולון
רמת גן
בת ים
ראשון לציון
אילת
עתלית
אבן יהודה
רמת השרון
תל אביב
גבעתיים
רחובות
לוד
רמלה
ירושלים
קריית ים
חולון
רמת גן
בת ים
ראשון לציון
אילת
עתלית
אבן יהודה
רמת השרון
תל אביב
גבעתיים
רחובות
לוד
רמלה
ירושלים
Have a question about real estate?
We’ve gathered a list of frequently asked questions and their answers for you.
These are two processes where an old building is demolished and replaced with a new one. The main difference lies in legal and tax aspects, as well as the need for extensive planning approval in evacuation-reconstruction projects, which generally take longer and come with higher costs for the developer. On the other hand, TAMA 38 projects tend to be smaller in scope and don’t usually require planning approval. The key distinction, however, is that in evacuation-reconstruction, the project includes not just residential buildings, but also playgrounds, public facilities, and improvements to neighborhood infrastructure.
At a later stage in the process, the tenant representative in the complex will be able to recommend a law firm specializing in tenant representation for urban renewal projects to represent you throughout the project.
The company and the bank funding the project cover all costs from start to finish. This includes contracting with lawyers, architects, and consultants, as well as payments to contractors, professionals, rent, transportation costs, and an inspector on behalf of the tenants.
As is standard in urban renewal projects and in accordance with the requirements of the banks financing evacuation-reconstruction projects, the company will provide each tenant with a set of guarantees issued in their name by the project’s lending bank:
- Sales Law Guarantee – A guarantee for the value of the new apartment
- Rent Guarantee – Coverage for rent throughout the construction period
- Registration Guarantee – Guarantee for registration in the land registry and the condominium register
- Inspection Guarantee – Ensures inspections are carried out
For a project to move forward, the consent of at least two-thirds of the apartment owners (67%) is required, which constitutes the necessary majority. Additionally, an urban plan is needed, detailing aspects such as building height, the number of apartments, public spaces, public buildings, and all related urban infrastructure.
The process of vacating a building requires patience and perseverance. On average, it takes about seven years from the moment tenants sign the agreement until they move into their new apartment. This includes approximately two years for planning the urban plan, two years to obtain the building permit, and an average of three years for construction.
