Invitation for Expression of Interest for Fuk Tsun Street/Pine Street project in Tai Kok Tsui

The Urban Renewal Authority (URA) tomorrow (Thursday) will invite interested parties to submit Expressions of Interest for the joint development of the Fuk Tsun Street / Pine Street project in Tai Kok Tsui.

The project site is about 560 square metres and upon completion is expected to deliver a total residential gross floor area of about 4,200 square metres for 72 residential units, together with the provision of commercial space of about 840 square metres. In line with its recent approach, URA plans to provide at least 43 small-sized residential units in this project which will have an area of  less than 46.5 square metres, i.e. about 500 square feet.

Parties interested in the development of the project are requested to indicate their development experience and financial capability to undertake the development in accordance with the requirements and criteria set by URA.

Submissions should be made to the URA Headquarters at 10/F, Low Block, Grand Millennium Plaza, 181 Queen's Road Central, Central, Hong Kong by 5 pm on 7 October 2010 (Thursday).

A tender review panel under the URA Board will shortlist qualified companies and invite them to submit tenders for the joint development later.

(ENDS)