Cnaan Group – Our experience is your assurance.
Urban renewal is an ongoing program of preservation and development in cities and towns with the Israeli government’s support. The urban renewal plan is generally carried out in areas with neglected structures and old infrastructures. This essential process allows the restoration and renovation of a building or several adjacent buildings, and it sometimes involves an entire neighborhood.
In an evacuation-reconstruction process, the contractor completely destroys the existing structures and builds higher buildings with more apartments, in accordance with the building permit. The owners of the old apartments receive new and improved apartments, while the rest of the apartments in the building are left to the developer who may sell them to new buyers. As part of the process, an agreement is first signed between the existing building apartment owners and the promoting company. The agreement guarantees the residents that they get a new apartment of larger area than their current apartment, along with a parking space, a “mamad” (reinforced anti-bomb room), a storage room, rental paid for the whole construction period, as well as various benefits and more.
The Cnaan Group has been one of the leading companies in the field of evacuation-reconstruction in Israel for a decade. This critical experience assures the residents of a perfect execution, in a quiet process, performed by the best and most proficient professionals in the construction industry.
The combination of experience, professionalism, knowledge and extensive proficiency accumulated in the Company, along with financial solidity and great patience places the Cnaan Group as a leader among the entrepreneurial companies in the field of urban renewal in Israel.