EN עב

Urban Renewal

The natural continuation of a family tradition

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Our background

For Even Adama, urban renewal is a natural continuation of the Even family’s long-standing activity in the Sharon and central regions.

Over the years, the family took part in the region’s shift from agriculture to residential construction. As early as 40–50 years ago, it was involved in the processes through which agricultural land became residential neighbourhoods and urban spaces.

Today, we see urban renewal as the next stage of that same continuum – renewing the built fabric and adapting it to today’s needs and standards, including safety, modern infrastructure, advanced technology and urban quality of life.

For us, it is a continuation of a long-standing responsibility to the place, the land and the community – and to the area where the Even family has grown and worked for generations.

Our Approach

At Even Adama, we believe that initiating and advancing an urban renewal project is a complex, multi-year process that requires a professional, clear and well-organised management framework from the very first stages.

That is why we work through a dedicated management body for each compound, bringing together the professionals and consultants each project requires according to its characteristics and needs, and guiding the process in a coordinated, continuous way through all of its stages.

This approach includes

  1. Early-stage feasibility

    Early-stage planning and economic feasibility analysis.

  2. Professional advisors

    Early integration of professional advisors – planning, legal, and valuation.

  3. Managing the authorities

    Structured management of the process with the authorities.

  4. Full transparency

    Full transparency vis-à-vis the property owners.

We believe that only through a structured and professional framework can a responsible process be advanced, uncertainty reduced, and long-term trust established among all parties involved.

Working with Property Owners

In every compound Even Adama begins to advance – whatever role we play in it – we hold briefing sessions with the rights holders. Their purpose is to make information about the project, the ways it can be carried out and its feasibility accessible, and at the same time to get to know the rights holders – our partners along the way and the core of the process – as well as the character of the community and the surroundings in which the project is advanced.

We see getting to know each other and mutual understanding as the basis for moving forward the right way. Urban renewal is a significant, long-term process, so it matters to us to present rights holders with a clear, understandable picture of the planning, the economic implications, the legal aspects, the stages of the process, and the timelines and the factors that affect them.

Frequently Asked Questions

Over the years, we have found that certain questions recur in almost every project – concerning optional tracks, timelines, rights, feasibility, and the various stages of the process. To that end, we have compiled the most frequent questions here, providing a clear and comprehensive overview of the entire journey.

  • There are several main types of urban renewal: Evacuation & Reconstruction (Pinui-Binui) – demolition of multiple old buildings and construction of new buildings as part of a comprehensive master plan. Demolition & Reconstruction (Single Building) – demolition of an existing building and construction of a new one under an existing or site-specific plan. Strengthening & Expansion (TAMA 38/1) – structural reinforcement and addition of floors. The chosen model depends on municipal policy, site characteristics, and economic feasibility.

  • Urban renewal is a multi-year, structured process that requires professional management and collaboration between property owners, the management entity, professionals, and planning authorities. At Even Adama, we believe the process must be transparent, gradual, and based on early-stage feasibility analysis, while involving the community at every key stage. Overall, the process may take several years, depending on project complexity and regulatory conditions.

  • The existing apartment owners are also the legal owners of the land and shared property. Each apartment represents a proportional share of the land, which means that any planning process requires the consent of the owners in accordance with the legal majority required by law. In most cases, a residents’ committee is established to serve as a liaison, and decisions are made collectively by the property owners in accordance with legal requirements.

  • In urban renewal projects, particularly Pinui-Binui, property owners are not required to finance the planning or construction. The project is funded through additional building rights, which are sold on the open market. During construction, residents are entitled to temporary housing as defined in the agreement. In addition to improved quality of life and upgraded infrastructure, new apartments typically have a higher market value than the original units, subject to location and market conditions.

  • Stage 1 – Initial feasibility assessment: municipal policy, building rights, economic feasibility and legal conditions. Stage 2 – Resident organization and representation. Stage 3 – Appointment of professionals and achieving the required majority under the Israeli Evacuation & Reconstruction Law (2006). Stage 4 – Statutory planning and zoning approval, typically the longest stage. Stage 5 – Building permit and financing. Stage 6 – Relocation, construction, and occupancy.

Weighing up your site? We'd be glad to hold a briefing session.

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