URA tender closes for Pine Street/Anchor Street project

In response to media enquiries on the tender submissions for the joint development of the Pine Street/Anchor Street in Tai Kok Tsui, the Urban Renewal Authority (URA) today (Friday) made the following statement:

A total of eight tender offers have been received for the joint venture development of the Pine Street/Anchor Street in Tai Kok Tsui.

A tender review panel under the URA Board will consider the tenders and make recommendation to the Board for a decision in due course.

Among the developers who earlier took part in an expression of interest exercise for the project, 13 were invited to submit a tender.

The project covers a site area of about 25,000 square feet and upon completion, is expected to deliver a maximum gross floor area of about 225,500 square feet for residential and commercial use.

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