URBAN RENEWAL

Evacuate & Rebuild

Israel's leading urban-renewal developer — transforming aging residential complexes into new luxury towers.

WHAT IS IT?

What is Evacuate-and-Rebuild?

Evacuate-and-rebuild (Pinui-Binui) is the most comprehensive urban-renewal track: an older residential complex is demolished entirely and replaced with a new, modern project of residential towers, retail space, public areas and up-to-date infrastructure. Existing apartment owners receive a new, larger and upgraded apartment — at no cost — in a new building with a luxury specification, while the developer bears the full costs of planning, construction and accompaniment. Shoval Binui leads dozens of evacuate-and-rebuild complexes across Israel, with a combined pipeline value of over ₪2.5 billion and approximately 15,000 housing units in planning and execution.

~₪2.5 Billion
Project pipeline
~15,000
Units in planning & execution
80+
Projects
25+
Cities in Israel
HOW IT WORKS

The path to a new home

01

Feasibility check

We examine the complex, building rights and economic viability, and present residents with a full, clear picture.

02

Resident sign-up

A majority of residents sign an organization agreement with the developer, accompanied by a lawyer and a supervisor on the residents' behalf.

03

Planning & permits

We advance a detailed plan with the authorities and obtain the required building permits.

04

Construction

Residents move to alternative housing funded by the developer; the old complex is demolished and the new project is built.

05

Keys to the new home

Residents return to a new, larger and upgraded apartment — and join the Shoval Whispers club.

An older complex becomes a new tower
THE PROCESS IN REALITY

An older complex becomes a new tower

While residents enjoy fully-funded alternative housing, the old complex is demolished and the new project rises — step by step, under close engineering supervision and transparent timelines residents are kept updated on throughout.

WHY SHOVAL

Why choose Shoval Binui

01

Proven experience

Over two decades of initiating, planning and executing residential and commercial projects across Israel.

02

Financial robustness

Economic strength that gives residents and partners security, certainty and peace of mind throughout.

03

C5-classified partners

Collaboration with some of Israel's leading execution companies holding the highest contractor classification.

04

Full transparency

Close accompaniment, open information and fair agreements with residents at every stage.

05

Luxury standard

A rich specification, meticulous architecture and an uncompromising international-level living experience.

06

Guarantees for residents

A Sale Law guarantee, a rent guarantee and full securities throughout the project period.

APARTMENT OWNERS

Live in an older complex? You deserve more

See exactly what an apartment owner receives in a Shoval Binui evacuate-and-rebuild project — a new apartment at no cost, full guarantees and end-to-end personal accompaniment.

OUR PROJECTS

Selected projects

VIVENTY Kiryat Bialik

VIVENTY Haifa

VIVENTY Jerusalem

VIVENTY Moshe

Wondering if your complex is a candidate for evacuate-and-rebuild?

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