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The great opportunity of the local authorities - voila! Real estate

2022-09-21T08:50:49.016Z


The Governmental Authority for Urban Renewal publishes a call for local authorities to carry out neighborhood planning with a budget of NIS 25 million which will lead to the approval of dozens of plans in the country


The great opportunity of the local authorities

For the first time: the Governmental Authority for Urban Renewal publishes a call for local authorities to carry out neighborhood planning, which includes the possibility of detailed planning.

The planning has a budget of NIS 25 million and will lead to the approval of dozens of programs throughout the country

Walla!

real estate

09/21/2022

Wednesday, September 21, 2022, 11:20 am Updated: 11:36 am

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Promote detailed neighborhood planning (Photo: Reuven Castro)

As part of the call, the local authorities are invited to propose neighborhoods that are within their scope - in which the Governmental Authority for Urban Renewal will assist in the preparation of policy documents, outline plans for urban renewal or detailed plans for urban renewal, by appointing planning teams that will formulate these documents for them.

The planning will have a budget of NIS 25 million.



The creation of the plans by the governmental authority's teams is an important tool for driving urban renewal processes on the one hand, and for creating certainty and regulating processes on the other hand, and this is based on experience from plans created by the governmental authority and about 30 other plans that are being promoted these days.



This call makes it possible for the first time to promote detailed neighborhood planning, which produces the potential for change of the complex and its surroundings in the short term.

This type of planning is particularly effective in neighborhoods where private entrepreneurial activity is limited for various reasons, both in terms of signing the apartment owners and in terms of promoting the plan, when the plans increase the certainty that projects in these neighborhoods will come to fruition.



The neighborhood planning, which was done with the cooperation and backing of the government authority together with the local authority, succeeded in bringing an activity of urban renewal to neighborhoods where, for economic, social and other reasons, this activity did not take place.

In the case of a particularly detailed plan, the developers can start promoting building permits immediately after the approval of the plan, in order to start realizing a project.

This is in addition to other tools that the government authority offers, which include social support for tenants and help in creating an efficient, fair and transparent process.

"I call on the local authorities to respond to this opportunity"

The policy documents, the outline plans for urban renewal and the detailed plans for urban renewal proposed as part of this call - are intended to create an overall plan for urban renewal for the neighborhood, while referring to all the aspects related to urban renewal at the neighborhood level as defined below, including construction, traffic, landscape, infrastructure and program.



Elazar Bamberger, CEO of the Governmental Authority for Urban Renewal: "The provision of significant planning budgets by the Governmental Authority for Urban Renewal makes it possible to promote and encourage urban renewal even in places where the private market does not yet operate.

The neighborhood planning, on a descriptive level and on a detailed level budgeted by the government authority, reveals the potential of renewal where market forces and the will of the residents have not been able to drive moves in this area.

The promotion of planning by the government authority has already led to the realization of projects in various cities across the country, and this is what this calling voice is expected to bring.

I call on the local authorities to respond to this opportunity and take a meaningful first step towards the renewal of the old neighborhoods in their area."

  • Real estate

Tags

  • urban renewal

  • Real estate I

  • Local authorities

Source: walla

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