Invitation to Tender for First Street/Second Street Project
The Urban Renewal Authority (URA) today (Monday) invited a total
of 14 property developers to tender for the joint development of
the First Street/Second Street project in Sai Ying Pun.
The project covers a site area of about 38,000 square feet and
upon completion, is expected to deliver a gross floor area of about
425,000 square feet for residential and commercial use. In
addition, an 11,800-square foot residential care home for the
elderly and about 7,500 square feet of landscaped open space will
be provided.
Following the expression of interest exercise which closed on 27
May, a tender review panel under the URA Board decided to invite 14
interested parties for tender, after taking into consideration
their experience and financial strength to undertake the
development in accordance with the requirements and criteria set by
the Authority.
All tender submissions should reach the URA Headquarters at 10/F
Low Block, Grand Millennium Plaza, 181 Queen's Road Central, by
5:00 pm on 8 July 2005.