URA tender closes for Johnston Road project
In response to media enquiries on the tender submissions for the
joint development of the Johnston Road project in Wan Chai, the
Urban Renewal Authority (URA) today (Wednesday) issued the
following statement:
A total of 14 tender offers have been received for the
residential/commercial development in Johnston Road, Wan
Chai.
A tender review panel under the URA Board will consider the
tenders and make recommendation to the Board for a decision in due
course.
In an invitation of expression of interest in the project in March
this year, 32 developers expressed interest and 28 of them who were
qualified were subsequently invited to place a tender.
The project site is about 21,200 square feet in Johnston Road at
its junction with Ship Street. It is the first site successfully
cleared since the URA commenced acquisition work in March 2002 for
a series of redevelopment projects.
The project is expected to deliver about 190,000 square feet of
residential floor area and about 28,000 square feet of commercial
retail area upon completion in 2007.
One of the requirements of the tender submission is the
conservation of five pre-war buildings of historic value to Hong
Kong. Four of them are a row of four-storey, Cantonese
terraced-style buildings fronting Johnston Road, and the remaining
one is a four-storey shop-house in Ship Street.