Carasso Real Estate Group

Residential Real Estate Development
Among its other activities, the Group specializes in locating, starting, planning, developing, and executing large-scale residential projects. The benefits of the Group are reflected in the many resources invested in fulfilling its vision – improving the quality of the Group’s customers and strengthening their sense of belonging to the environment and the community.
The Group’s careful planning process provides varied, innovative solutions at every stage. Planning is carefully focused on adapting the projects to their surroundings while reaching the construction stage at maximum readiness and utmost suitability to the client base.
Over the past decade, the Group has completed the construction of large residential neighborhoods in the Greater Dan Region and Jerusalem, including the Gan Hamoshavot neighborhood in Petah Tikva, with 320 housing units, residential housing towers in Hod Hasharon with 267 housing units, the Bezalel complex in Tel Aviv in partnership with Tzemach Hammerman with 153-housing units, Jerusalem’s Psagot neighborhood in the Romana neighborhood in partnership with AKA Real Estate and Ta’aman Real Estate with 276 housing units and a commercial center.
The Group is now working on the construction of the Umami neighborhood in Kiryat Ono’s Neot Ariel Sharon which offers 742 housing units, the construction of the new section in Jaffa’s Andromeda, with 55 housing units being built in partnership with Tzemach Hammerman and Shmulik Waldinger, the Yovel Boulevard project in Jerusalem, in partnership with Kidmat Ha’Yovel, 32 Knesset Street in Givatayim and the ME CRO project on Ibn Gvirol Street.

Urban Renewal
The Group’s activity in residential real estate is based, inter alia, on evacuation-re-construction projects, which include the construction of thousands of housing units in neighborhoods of Jerusalem, Tel Aviv, and Givatayim. The Group’s backlog of projects includes numerous complexes, including thousands of housing units in the advanced licensing and planning stages.

Leading Evacuation-Reconstruction Projects:
Ha’Yovel Boulevard, in the Kiryat Ha’Yovel neighborhood in Jerusalem, in partnership with Kidmat Ha’Yovel, which includes the demolition of 114 housing units, replaced by 394 housing units; the 28-29 Columbia complex in Jerusalem which includes the demolition of 101 housing units, replaced by 353 housing units and commercial areas; the Tnufa complex on Talpiot- Hebron Road, Jerusalem, with the demolition of 128 housing units replaced by 309 housing units and commercial areas; Ginot Ha’Yovel Stern, in the Kiryat Ha’Yovel neighborhood of Jerusalem with the demolition of 62 housing units replaced by 226 housing units, Apotosho in Tel Aviv – the demolition of 118 housing units replaced by 217 housing units; the Lavi complex in Givatayim, where 69 housing units will be demolished and replaced by 177 housing units; Ha’arava in Holon, in partnership with Levinsky Ofer – the demolition of 866 housing units replaced by 2,568 housing units.

Leading TAMA 38 Projects:
• 32 Ha’Knesset in Givatayim – the demolition of 20 housing units to be replaced by 56 housing units.
• 144-146 Ibn Gvirol in Tel Aviv – the demolition of 24 housing units to be replaced by 57 housing units and commercial areas.
• The 24/26/28 Yavnieli complex in Givatayim – the demotion of 20 housing units to be replaced by 51 housing units.
• 4-10- Ha’Ma’avak, Givatayim – the demolition of 32 housing units to be replaced by 82 housing units.
• 7,9, 10 and 11 Hadera, in Tel Aviv – the demolition of 57 housing units to be replaced by 115 housing units.
• 9 David Yellin in Tel Aviv – the demolition of 13 housing units to be replaced by 29 housing units.
• 20 Simha Holzburg in Bat Yam – the demolition of 28 and to be replaced by 102 housing units
• 55-57 Weitzman in Holon – the demolition of 24 housing units to be replaced by 100 housing units.