17 tenders received for development of URA’s Tonkin Street/ Fuk Wing Street Development Project
The Urban Renewal Authority (URA) received a total of 17 tenders for the Tonkin Street/ Fuk Wing Street Development Project (the Project) in Sham Shui Po when the invitation for submission of tender closed today (7 April 2020).
A tender review panel (TRP) under the URA Board will consider the tenders received and make recommendation to the URA Board for its decision on the award of the development of the Project.
The URA earlier invited interested developers to submit Expressions of Interest for the Project. After careful consideration of the Expressions of Interest received, the TRP invited 36 property developers to submit tender.
The Project, which covers a site area of about 1,070 square metres, was commenced in March 2013. Upon completion, it will provide a maximum total gross floor area of about 9,670 square metres.
The successful developer will be required to construct the new development in compliance with the standard and quality requirements, the environmentally sustainable provisions and smart provisions set out in the development agreement of the Project with the aim of creating a sustainable living environment.