MBS

MBS Urban Renewal is one of the dominant and fastest-growing urban renewal companies in Israel. The company operates both as a developer and in collaboration with Israel’s leading developers, employing top-tier professionals in their fields – architects, attorneys, appraisers, and project managers.
MBS focuses exclusively on urban renewal, primarily evacuation and reconstruction projects, and over the years has developed unique expertise in every aspect and layer of this field. This in-depth knowledge allows the company to overcome challenges and obstacles while promoting projects within relatively short timeframes. To date, the company has initiated and advanced approximately 50,000 new housing units in urban renewal projects across the country, including in Ashkelon, Givatayim, Petah Tikva, Tel Aviv, Ramat Gan, Rehovot, Rishon LeZion, Kfar Saba, Kiryat Gat, Kiryat Malakhi, Mazkeret Batya, Dimona, Netivot, Ramla, Ofakim, Jerusalem, Azor, and more.

Milestones in the Company’s Activity

The company was founded in 2016 by businessman Maor Ben Shushan, who has deep familiarity with the Israeli real estate market. Recognizing the immense need for development and advancement in the urban renewal sector, Ben Shushan began forming partnerships with major real estate companies, including Y.H. Dimri, Land Development, and Minrav, among others. At that stage, MBS operated as an outsourcing arm for these and other companies, advancing projects toward building permits.
In its early years, MBS focused on the Kiryat Moshe neighborhood in Rehovot, successfully advancing seven different projects there on behalf of various construction companies. These projects are currently in the final stages of obtaining building permits.
Subsequently, the company operated as a municipal urban renewal manager in several cities across Israel, where it was involved in advancing zoning plans and obtaining permits. Today, it holds a significant share in the urban renewal projects of Dimri, Minrav, and many other firms. Most of the projects initiated by the company in its management role are now nearing building permit approval and are set to begin construction.
Over time, MBS has become proficient in all stages of project development – including planning, permitting, architecture, engineering, professional consulting, and more – and in 2020, it became an independent developer. Over the past four years, it has operated under this model, including in joint ventures with other real estate companies. These projects are located in Ashkelon (Ramat Ashkelon neighborhood), Ramla, Herzliya, Holon, Netanya, and more.

Dedicated and Skilled Project Managers

MBS has a team of approximately 80 experienced and dedicated project managers spread across the country. They provide full support to residents, addressing every request and need. These project managers serve as the primary point of contact for residents throughout the entire process, from planning through execution to key delivery, ensuring maximum availability and accessibility for clients.

Complete Oversight and Streamlined Bureaucracy

Thanks to its extensive expertise in all aspects of urban renewal, MBS has developed a comprehensive professional infrastructure that addresses every stage of the process. This enables the company to maintain complete control over every stage and dramatically reduce bureaucratic procedures, thereby significantly shortening the time required to obtain building permits.

Putting Residents First

MBS is committed to placing residents at the center, guided by the belief that they are the key to success in any urban renewal project. This strategy is implemented through three core values:
Transparency – The company’s teams operate with complete transparency, providing residents with all the necessary information to make informed decisions. Communication remains open throughout the process, both with residents and their representatives.
Service – The team is professional, experienced, and dedicated solely to urban renewal. The company operates a dedicated service hotline, and team members are also available via WhatsApp.
Professionalism – MBS delivers devoted, down-to-earth service to its partners, the residents, with complete attention to their needs and aspirations.

A Pioneer of Israeli Construction in the Center and Especially in the Periphery

MBS Urban Renewal operates out of a love for the country and a strong sense of mission, acting as a pioneer of Israeli construction, both in central regions and especially in the periphery. The company’s owners and managers believe that urban renewal presents a golden opportunity to enhance the quality of life for residents in older neighborhoods and strive to maximize the benefits for them.

Selected Projects

8, 10, 12 Harav David Nadav St., Rehovot – Smart living in a renewing neighborhood.
24 housing units for evacuation; 66 meticulously planned new units to be built. Status: Committee approval granted for a permit.

152–154 Tzvi Horowitz St., Rehovot – The next step in Rehovot, at the heart of the city’s renewal. 112 units to be evacuated; 354 new units to be built using advanced construction methods. Status: Committee approval granted for a permit.

153–154 Yaakov Tukhman St., Rehovot – Redefining living in the city center. This project boasts stunning architectural design, a vibrant commercial floor, innovative housing solutions, and uncompromising technical specifications. 40 units to be evacuated; 224 new units to be constructed. Status: Building permit granted.

Karnizi–Grinboim–Shmorak, Netanya – A new hub for vibrant living and community.
Scope: 126 units to be evacuated | 504 new units planned.