URA Fuk Tsun Street / Pine Street development project: authorization by the Secretary for Housing, Planning and Lands
The Secretary for Housing, Planning and Lands (SHPL) has
authorized the Urban Renewal Authority (URA) to proceed with the
Fuk Tsun Street / Pine Street development project in Tai Kok
Tsui.
The authorization is given under section 24(5) of the Urban
Renewal Authority Ordinance (URAO) and is published in the Gazette
today (Friday).
The implementation of the project was first published on the
Gazette on 16th December 2005 under section 23(1) of the URAO. This
was followed by a two-month consultation period. The project was
submitted to SHPL on 21st April 2006 in accordance with section
24(3) of the URAO.
The project area is bounded by Fuk Tsun Street, Pine Street and
Ivy Street, covering an area of about 536 sq. m. The buildings
within the project site were built in the 1950s and 1960s.
The project is scheduled for completion in 2010/11. Upon
completion, the proposed development will improve the built
environment and deliver a residential building with retail uses on
the lower floors.
This is the first development project implemented by the URA in
accordance with the URAO. The URA will issue offers to owners to
acquire the 80 affected property interests within the next few
months. Cash compensation or rehousing to eligible tenants will be
provided upon successful acquisition of the properties.
A plan delineating the boundary of the project with a general
description is available for public inspection at the URA
headquarters (10/F, Low Block, Grand Millennium Plaza, no. 181
Queen's Road Central, Sheung Wan) and the URA Neighbourhood Centre
in Tai Kok Tsui (G/F, Bedford Tower, 68 Bedford Road). Members of
the public are welcomed to call the URA hotline at 2588 2333 or
visit the URA website at www.ura.org.hk for enquiries and
detailed information.