The Company’s Main Fields of Activity
Entrepreneurship, development of real estate and urban renewal: initiations, development, establishment, marketing and sale of projects, primarily in the field of residential construction in Israel, including urban renewal (“Pinui-Binui” and “TAMA 38” – Urban Construction Program 38), by locating properties, purchasing (in cash or in combination), constructing the buildings and selling the residential units. Matzlawi is the first company in Israel to construct Pinui-Binui projects. The Company constructs and promotes projects in various stages of over 2,000 residential units, and the first to have successfully completed several large “Pinui-Binui” projects (in Kiryat Ono, Kfar Saba and Yehud). The company has additional projects under construction such as stage B of Ono Prime in Kiryat Ono, the Calanit Building in Kiryat Ono and the company’s flagship project – “Ayalon Quarter”, which is located at Yoseftal street in Bat Yam.
Income-producing properties: Holding and managing income-producing properties in Israel, which the Company constructed as part of its real-estate development or as part of a purchase, mainly designated for office buildings, high-tech industries, and commercial centers, owned by the company exclusively or jointly. The Company holds and manages about 11,000 sqm of income-producing properties for commercial and office purposes. In 2014 the Company completed the construction of a large and luxurious country club for Kiryat Ono municipality, under a BOT (build-operate-transfer) agreement, and in return for the construction, the Company will run the country club for about 24 years (the Company’s part in the project is 50%). The country-club complex includes, besides a country club, a commercial space, clinic rooms, offices and a farmers’ market- “Ono Market”. The complex is vibrant and busy during all hours of the day and is consider a great success.
• A Contracting Department – The Company manages and executes all projects by self-construction. The production means owned by the Company, and among them are cranes, trucks, cement pumps, engineering mechanical equipment, scaffolding, etc. In the past, the Company executed projects for companies such as Africa Residence and Azorim. Matzlawi is involved in a variety of activities in the field of real estate in Israel.
The Company’s main projects, under construction and on planning:
• The “Ono-Prime” project, Kiryat Ono – A “Pinui-Binui” project in Kiryat Ono (the Calanit complex) for a clearance of 92 residential units and the construction of about 393 residential units, and in addition carrying out TAMA strengthening and adding 27 apartments to the Calanit building. Stage A of the project has been fully populated, stage B is right before populating, and stage C began in July 2019.
• The “Ayalon Quarter” Project, Bat Yam – One of the largest and most significant “Pinui-Binui” projects in Israel, which was approved for a validated urban building scheme and a validated unification and division plan, now in permit stages, towards the project’s stage A construction permit (approx. 591 residential units and approx. 12,000 sqm. of employment and commerce). The project is located right in front of Bat Yam shopping center ‘ next to the train station and Ayalon highway. This “mega project” which will contain, according to the plans, 1078 residential units, commercial spaces and office spaces will spread on a very large section of the real estate.
• The Rothchild Project, Hertzel, and Libskind, Bat Yam – The project was approved by the District Committee for a validated urban building scheme, and is in detailed planning stages for permits. The plans include a demolition of 163 old residential units in 12 buildings, some of which are defined as “dangerous buildings”. In their place, 560 new units will be established, as well as a hotel and commercial spaces.
• The “Elite complex” project- A residential project in Ramat Gan – “Elite Towers” – a building of 30 floors. Stage A has been fully populated, and stage B of the project is in planning stages towards the construction of an office building.
• The Kuzari project, Herzliya – Clearance of 66 residential units and construction of 204 residential units instead. The local committee for planning and building in Herzliya recently approved the plan for the complex. The plan includes a demolition of 3 residential buildings containing 66 units, which will be replaced by 6 buildings with 7-9 floors. The project is in collaboration with Africa Urban Renewal from Africa Israel Group (50:50).
• The “My” project in Yehud Monson – Clearance of the Ashkenazi Market in Yehud and construction of 4 buildings with 168 residential units and a commercial floor, in the center of Yehud. The project has been completed and populated.
• The “Green Ono” project, Kiryat Ono – “Pinui-Binui” of a 27 acre estate in Kiryat Ono. Clearance of 10 old buildings and construction of 11 new buildings. A total of 168 residential units were cleared and in their place, 532 new units were built. The project has been completed and populated.
• Kfar Saba “Emerald Tower” – Clearance of 40 residential units and construction of 120 residential units in their place. The project has been completed and is populated.
In addition to the above, the company is initiating Pinui-Binui projects in the cities: Kiryat Ono, Bat Yam, Ramat Gan, Herzliya, Givatayim, Ramat HaSharon and Kfar Saba.
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