Invitation for Expression of Interest - Lee Tung Street / McGregor Street Project in Wan Chai
The Urban Renewal Authority (URA) has decided to freshly invite
interested parties to submit Expressions of Interest (EOIs) in the
joint development of Lee Tung Street/McGregor Street project in Wan
Chai beginning tomorrow (Wednesday).
A spokesperson for the URA said: "In view of the recent changes in
the market environment, we deem it appropriate to invite interested
parties to submit EOIs afresh for the project since the last
exercise was done quite a while ago."
The URA last invited EOIs for the project on 14 August 2008 and 15
submissions were received when the invitation closed on 26
September 2008.
The project covers a site area of about 88,500 square feet and
upon completion, is expected to deliver a maximum gross floor area
of about 835,000 square feet for residential and commercial uses,
together with public open spaces, a residential care home for the
elderly and conservation of three historical buildings.
Same as previous projects, interested parties for Lee Tung Street
project are requested to indicate their development experience and
financial capability to undertake the development in accordance
with the requirements and criteria set by the Authority.
Submissions should be made to the URA Headquarters at 10/F, Low
Block, Grand Millennium Plaza, 181 Queen's Road Central, by 5 pm on
24 March 2009 (Tuesday).
A tender review panel under the URA Board will shortlist qualified
companies and invite them to submit tenders for the joint
development later.
The Lee Tung Street/McGregor Street project is one of the key URA
projects in Wan Chai, which incorporates redevelopment,
conservation and revitalisation elements. The project will
feature some "Wedding City" themed shops and a wedding traditions
and culture gallery in the three conserved historical buildings,
and some floor spaces will also be designated for social
enterprises.
ENDS