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DevelopersShapir Engineering and Industry

Shapir Engineering and Industry

שפיר הנדסה ותעשיה

Shapir Engineering and Industry, a TA-35 infrastructure and construction group, holds North lot 3207, won on 26 March 2025 through Calanit Properties and Development for ₪275.6M including development. Its residential arm, Shapir Residential, plans 150 homes there in a 20-storey tower and three lower buildings around an inner street, with ground-floor retail, employment space on the first two floors and a rooftop pool, designed by Canaan Shenhav Architects. The design plan, the first in the North complex, was approved on 21 January 2026. No marketing or prices have been published.

The company

Legal name
Shapir Engineering and Industry Ltd (winning vehicle: Calanit Properties and Development M.S. LP; residential brand Shapir Residential) שפיר הנדסה ותעשייה בע"מ (הזוכה: כלנית נכסים ופיתוח מ.ש שותפות מוגבלת; שפיר מגורים)
Founded
1968
Head office
Petah Tikva
Listed
TASE: SPEN
Ownership
Controlled by the Shapira family, including Gil and Chen Shapira. A constituent of the TA-35 index.
Scale
Market capitalisation between ₪15.5B and ₪17.5B, with 2025 revenue of ₪6.07B and about 3,918 employees. Active in concrete and cement, infrastructure, marine works, light rail and urban renewal.
Not to be confused with
The winning bid was made by Calanit Properties & Development, which Globes identifies as part of Shapir. Earlier coverage on this site read the North result as a Shapir partnership with Shikun & Binui; the tender results show two separate lots, 3207 and 3203.

What it paid, and for what

Every recorded acquisition in the district, with the source for each.

Timeline

Where sources disagree

Published figures that do not match. Both readings are given rather than one being chosen.

Which lot is Shapir Residential's?

3107 in the April 2026 article is a slip: lot 3107 belongs to the buying group organised by Chen and Itay Gindi. The tender and the municipal document give 3207.

Sources

Everything on this page traces to one of these.

Ask about Shapir Engineering and Industry's projects

We answer by email, independently, with sourced facts from the field.