BDI

City-People

Urban Renewal Entrepreneurship

Profile

Founding Year 2007
Address 46 Herbert Samuel St., Teomey Hayam building, Tel Aviv - View Map
Phone 03-5173838, 3821*
Fax 03-5105880
Email [email protected]
Social Networks
Company Website www.citypeople.co.il
   

Managers

Ron Chen, Founder and Chief Executive Officer, City-People

Ron Chen

Founder and Chief Executive Officer

Eran Hefetz, Founder and Chief Financial Officer, City-People

Eran Hefetz

Founder and Chief Financial Officer

About


City-People lives and breathes Tel Aviv. After over ten years of operations, City People now focuses on TAMA 38 and urban renewal projects – primarily in Tel Aviv. As a company founded by three former pilots, it is goal-focused - and right now; the goal is to renew and reinvigorate Israel's real estate capital.

The company specializes in unique urban renewal projects, such as buildings for preservation and buildings for demolition and rebuilding, primarily in Tel Aviv. The projects are planned by leading architects in Israel, and supervised by the company’s architecture and interior design department. City People is one of the founders of the TAMA 38 and Urban Renewal Projects Division of the Chamber of Commerce, and Ron Chen serves as a member of the Division’s management.

Experience in Managing Complex Projects
The company has over a decade of proven experience in managing complex projects under rigorous deadlines and has completed one of the first TAMA 38 project in Tel Aviv. The company is careful to take on a number of limited projects, focusing exclusively on high-quality buildings, especially in Tel Aviv.

Financial Stability
City People is a subsidiary of Rothstein Real Estate, a public company established some 60 years ago, which successfully has made its mark in Israel’s private and public construction market.
The company has a long-standing reputation and a solid equity position, enabling the initiation and construction of finance-intensive projects amounting to tens of millions of Shekels, and allowing it to receive full banking support for each project.

Transparency and a Service Experience for Every Resident
City People has been recognized for its corporate transparency and received the 2019 “Transparency Award” as the company with the highest opinion among Tel Aviv apartment owners, having championed the issue of residents’ welfare and human relations. These characteristics are at the heart of the company’s activities, as it understands that a TAMA 38 project is not an easy process for the building’s current residents, and for this reason, the company invests significant resources and efforts to afford the residents a warm and friendly experience throughout the project’s life.

Selected Projects in Tel Aviv
19 Remez – a demolition and rebuilding project – a 12 apartment building that will house 6 floors and 2 setback floors, and in total – 20 units.
21 Remez – a demolition and rebuilding project – a 13 apartment building that will house 6-floors and 2 setback floors, and in total – 24 units.
4 Mozer – a demolition and rebuilding project – a 13 apartment building that will house 6 floors and 2 setback floors, and in total – 25 units.
10 Modigliani – a demolition and rebuilding project – a 12-apartment building that will house 6 floors and 2 setback floors, and in total – 21 units.
1 Bezalel – a demolition and rebuilding project – a 8-apartment building that will house 6 floors and 2 setback floors, and in total – 18 units.
11-13 Pinkas – a demolition and rebuilding project – a 26-apartment building that will house 8-floors and 2 setback floors, and in total – 48 units.
7 Katzenelson – a demolition and rebuilding project – a 15-apartment building that will house 6 floors and 2 setback floors, and in total – 25 units.
18 Klee – a demolition and rebuilding project – a 13-apartment building that will house 8 floors and 2 setback floors, and in total – 24 units.
3 Melchett – the historic Bialik House, which was the Haim Nachman Bialik family residence – a meticulous building slated for restoration and the addition of 2.5- floors.
13 Soutine – a demolition and rebuilding project – a 9-apartment building that will house 6 floors and 2 setback floors, and in total – 13 units.

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