Metropolis Urban Renewal and Real Estate Entrepreneurship

Metropolis, founded in 2011, is one of Israel’s leading and most influential companies in the fields of residential development and urban renewal. The company, which led the first demolition-and-reconstruction project in each of Tel Aviv and Herzliya, operates in accordance with its core values of excellence and innovation, and renewed an entire street in Givatayim as part of an urban renewal project.

Metropolis currently promotes the planning, licensing and construction of approximately 50 projects, including demolition and reconstruction and TAMA 38/2, in a scope of approximately 13,000 residential units. The company has successfully completed and delivered approximately 1,300 residential units. The company operates in major cities throughout Israel, including Tel Aviv, Givatayim, Petah Tikva, Herzliya, Beer Sheva, Hod HaSharon, Ramat Gan, Ramat HaSharon, Haifa, and more. The company maintains proven experience and extensive professional knowledge in working effectively with authorities, residents and all parties involved in the urban renewal process in its various stages. Metropolis is driven to lead every project from inception through completion and occupancy, while providing close support and demonstrating full commitment every step of the way. Urban renewal presents unique and complex challenges, including long schedules, uncertainty, regulatory changes, taxation changes, financing challenges and execution difficulties in highly populated areas. These complexities require specialized expertise, in-depth knowledge and extensive experience. Over the years, Metropolis has developed and refined unique capabilities in this field, enabling it to address each of these challenges effectively. The company excels in its ability to navigate the technical, social and logistical challenges that arise from these projects, while maintaining high standards of execution quality and a particular sensitivity to the needs of residents and the surrounding environment.

The company’s vision centers on excellence in construction quality and resident service, delivering a high-quality living experience and setting a high standard for the industry. Metropolis is committed to uncompromising professionalism, transparent and fair conduct, and close, personal support for every resident and purchaser. This commitment was recognized when Metropolis won the Service Excellence Awards presented by the Israel Management Center for three consecutive years (2023-2025), and was the only real estate company to have received this recognition.

Selected Completed and Occupied Projects – Large-Scale Residential Complexes

Metropolis combines the development of high-quality residential complexes, while investing in the environment. This unique concept is demonstrated through the large, prestigious residential complexes that the company has completed and brought to occupancy in Israel’s leading demand areas.

The company’s notable occupied projects include several groundbreaking projects:

The “Green Park” Complex in Neve Sharet, Tel Aviv’s first demolition and reconstruction project, which includes 447 residential units, and the “Metropolis Givatayim Complex”, Israel’s first urban renewal project to renew an entire street, located in Givatayim, which includes 166 residential units. The “Metropolis Herzliya Complex” - the first demolition-and-reconstruction project in Herzliya - comprises 278 new residential units. “The Weizmann”, located at the corner of Weizmann and Hakmei Kiruan in Tel Aviv, is a prestigious 8-story building comprising 60 residential units. “The Boho House”, 15–17 Antokolsky, is a unique and prestigious 8-story building comprising 31 residential units. “Metropolis ALTERMAN Complex”, 6–8 Alterman, comprises 64 residential units. “Lue & Smats”, 41 Louis Marshall, is a 7-story building comprising 32 residential units.

Selected Projects Currently Being Marketed in Tel Aviv:
Metropolis currently promotes and markets hundreds of residential units in luxury projects in Tel Aviv.

“Zohi – Tel Aviv at Sde Dov”, in the Sde Dov neighborhood, in partnership with Levinstein and Mivne, comprising two buildings with 230 residential units.

“10–12 Alterman”, comprising two 7-story buildings with 66 residential units.

“Ramata”, 22–24 Reading, comprising two buildings with 81 residential units.

“A.F.K”, 19–23 Kehilat Padova, in partnership with Shikun & Binui, comprising eight buildings with 292 residential units.

Additional selected urban renewal complexes in various stages of planning:

In Haifa - A massive demolition and reconstruction project in the Kiryat Eliezer neighborhood, within which approximately 200 old residential units will be demolished and about 1,000 new ones will be constructed, with large green areas and public buildings. The company is promoting an additional complex in Haifa, within which 92 old residential units will be demolished and approximately 450 new ones will be constructed.

In Ramat Gan - The company is promoting six large, prestigious residential complexes in which approximately 1,200 residential units will be constructed, along with commercial space.

In Rehovot - The company is promoting two adjacent complexes in the Kiryat Moshe neighborhood, where approximately 400 residential units will be constructed.

In Tel Aviv - The company is promoting two large, prestigious residential complexes totaling approximately 1,000 residential units, including 740 units as part of the Kehilat Lodge project, which will transform Tel Aviv’s Hadar Yosef neighborhood.

In Hod ha-Sharon – The company is promoting a complex with 44 existing units, which will be replaced by five buildings comprising 138 units.

In Herzliya - Several complexes with approximately 259 units will be constructed.

In Lod - The company is promoting a complex in which 72 existing residential units will be replaced by approximately 370 new units. The plan for this complex is being advanced by the State in collaboration with the local authority.

In Givatayim - The company is promoting a complex with Dan Nadlan in which 76 existing housing units will be demolished and replaced by approximately 167 new units, as well as two additional projects totaling 400 housing units.

In Petah Tikva – The company is promoting a project with 64 existing housing units, which will be replaced by approximately 224 new units.

In Be’er Sheva – The company is promoting two projects comprising approximately 2,000 housing units.

The Owners – Allied Group

The company is owned by the Allied Group – one of Israel’s largest, most stable and influential holding companies, operating across the automotive, real estate, infrastructure, logistics and electronics sectors. The combination of Allied’s financial strength with Metropolis’ experience, professionalism and expertise in urban renewal provides a solid foundation for continued growth.