Urban Renewal Corporation (URC) is one of Israel’s three largest urban renewal companies, with experience in leading around 60 successful projects involving more than 20,000 apartments all over the country. For the next 3 years, the company is expected to build at least 2,000 apartments per year. Our record proves that the path to project success lies through creating productive dialogue with the apartment owners. This enables us to provide the optimal response to their needs and wishes, while developing a genuine lasting partnership with them. This vision is at the heart of our success story, which encompasses dozens of projects nationwide as well as the thousands of families who have become part of our family.

Since URC was founded in 2009 by Tal Goldstein and Ami Kahlon, it has been considered a leader and pioneer in the urban renewal field, which has driven significant changes in the industry. Urban renewal programs not only represent the best way to fulfill the dream of a brand new apartment, but also extend an unprecedented opportunity to rejuvenate rundown city center streets, promote a safe living environment, increase the number of available apartments, support social justice, and drive urban and national growth throughout the length and breadth of Israel.

Over the past seventy years, the Electra Group has amassed exceptional experience and a peerless reputation as a global business leader. Its extensive international portfolio includes a wide variety of complex projects that currently span 17 countries across 4 continents. Established in 1945, and publicly traded on the Tel Aviv Stock Exchange since 1971, the company has more than 13,500 skilled professionals. Operating in both the public and private sectors, Electra Group has established a proven reputation for developing, planning, and constructing countless high-profile development projects, from residential, industrial and hi-tech buildings, to hospitals, public utilities, national infrastructure projects, and more.