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Ashdod urban renewal plan approved: 168 apartments to become 700 in towers

8 November 2026 · Based on Israel Real Estate Center

Illustrative photo · Ramat Gan
Illustrative photo · Ramat Gan · Ynhockey, Wikimedia Commons, CC BY-SA 4.0

A pinuy-binuy (evacuate-and-rebuild urban renewal) plan by ICR and the Ashdod municipality was approved for about 36 dunams in the Gaponov compound in Quarter H. Six old buildings will be replaced by nine buildings of 10 to 31 floors, with retail and employment space, public buildings and a town square. 140 of the apartments will be small units.

What it means for buyers abroad

Large urban renewal plans like this show how existing housing stock is being replaced with much denser new supply in Gush Dan-area cities. Approval is a planning step, so construction and delivery usually come years later.

Read the original article (Israel Real Estate Center, in Hebrew) ↗

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