Press Releases
Year 2017
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18 Dec 2017
A consortium of Sino Land Company Limited and Chuang’s Consortium International Limited wins development contract of URA’s Reclamation Street/Shantung Street Project
The Urban Renewal Authority (URA) today (Monday) announced that a consortium, Top Harmony Development Limited, consisting of Sino Land Company Limited and Chuang’s Consortium International Limited, has won the contract for the development of Reclamation Street/Shantung Street Project (the Project) in Mong Kok. The URA earlier invited a number of qualified property developers/consortia to submit tenders for the Project following an expression of interest exercise. The URA received a total of 16 tenders when the submission of tender closed on 4 December 2017. After careful deliberation, the URA Board considered that the tender offer made by the consortium of Sino Land Company Limited and Chuang’s Consortium International Limited has met the tender requirements of the Project and thus
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6 Dec 2017
URA to issue acquisition offers to three redevelopment projects in Kowloon City
The Urban Renewal Authority (URA) today (Wednesday) issues acquisition offers to property owners affected by three of its redevelopment projects in Kowloon City, namely Chun Tin Street/Sung Chi Street Development Scheme (KC-008(A)), Hung Fook Street/Ngan Hon Street Development Scheme (KC-010) and Kai Ming Street/Wing Kwong Street Development Project (KC-013). Projects KC-008(A) and KC-010 were commenced in May and June last year respectively, whereas Project KC-013 was commenced in March this year. KC-008(A) and KC-010 Development Schemes were subsequently approved by the Chief Executive in Council on 31 October 2017 and KC-013 Development Project was authorised by the Secretary for Development on 9 October 2017. Eligible owner-occupiers of domestic properties of the three projects
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4 Dec 2017
16 tenders received for development of URA’s Reclamation Street/Shantung Street Project
The Urban Renewal Authority (URA) received a total of 16 tenders for the Reclamation Street/Shantung Street project (the Project) in Mong Kok when the invitation for submission of tender closed today (Monday). A tender review panel (TRP) under the URA Board will consider the tenders received and make recommendation to the URA Board for its decision on the award of tender for the Project. The URA earlier invited interested developers/consortia to submit Expressions of Interest for the Project. After careful consideration of the Expressions of Interest received, the TRP invited 40 property developers/consortia to submit tender. The project site covers an area of about 1,389 square metres. Upon completion, it is planned to provide about 187 residential units with a total residentia
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30 Nov 2017
URA welcomes appointments to the Board
The Chairman of the Urban Renewal Authority (URA), Mr Victor So Hing-woh, today (Thursday) welcomed the appointment of a new non-executive director (non-official) Mr Evan Au Yang Chi-chun, and the re-appointment of two non-executive directors (non-official) Dr Gregg Li Ka-lok and Dr Lawrence Poon Wing-cheung, to the URA Board by the Government for a term of three years, with effect from 1 December 2017. “On behalf of the Board of the URA, I would like to extend our warmest welcome to the newly-appointed and re-appointed members. Together with the Management, we look forward to working together as a team to take urban renewal to new dimensions,” said Mr So. “The URA Board members come from different professions and sectors in the community with extensive experience and expertise. The
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30 Nov 2017
URA welcomes re-appointment of Pius Cheng as Executive Director
The Urban Renewal Authority (URA) today (Thursday) welcomes the Government’s re-appointment of Mr Pius Cheng Kai-wah as Executive Director of the URA for another term of one year effective 1 January 2018. “Mr Cheng has profound knowledge in urban renewal and extensive experience in URA’s operations. As one of the Executive Directors of the URA, he has made invaluable contribution to the policy formulation and execution of a number of URA’s initiatives and administering affairs of the Authority. He also played a pivotal role in devising the implementation details for the rehabilitation initiatives, including the ‘Smart Tender’ and the one-stop Building Rehabilitation Platform, as the URA stepped up its efforts to tackle the growing problem of urban decay,” said the Chairman of the URA,
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7 Nov 2017
Latest design of Kwun Tong Town Centre Project generally accepted by Kwun Tong District Council
The Urban Renewal Authority (URA) today (Tuesday) thanked the Kwun Tong District Council for offering its valuable opinions and suggestions to the Kwun Tong Town Centre Redevelopment Project, and generally accepting the latest design proposed by the URA at the District Council meeting today. The URA submitted a planning application to the Town Planning Board (TPB) earlier, proposing to separate Development Areas 4 and 5 of the Project for development in stages, with a view to achieving the community benefits brought about by the redevelopment of Development Area 4 as early as possible. During the consultation period of TPB, the URA received views from different stakeholders and decided to advance the detailed design work of the Project and commence the related technical feasibility ass
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2 Nov 2017
Invitation to Tender for Development of URA’s Reclamation Street/Shantung Street Project
The Urban Renewal Authority (URA) today (Thursday) invites a total of 40 property developers/consortia to tender for the development of the Reclamation Street/Shantung Street project (the Project) in Mong Kok. The URA will provide the relevant tender documents to the qualified property developers/consortia, based on which they can submit tenders for the development. All tender submissions should reach the URA Headquarters at 26/F, COSCO Tower, 183 Queen’s Road Central, by 12:00 noon on 4 December 2017 (Monday). Any submission of the tender received after the specified closing time mentioned above will not be accepted. The tender review panel will later consider the tenders received and make recommendation to the URA Board for its decision on the award of a development agreement.
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27 Oct 2017
URA provides over 2,600 square metres of community space in Central for public enjoyment
The Urban Renewal Authority (URA) today (Friday) announces the opening of a new community space on the ground floor of The Center for public enjoyment and community network purposes. Following a major facelift and retrofitting, the venue which is designated for Government, Institution and Community uses, is now re-named as “H6 CONET”. It also incorporates the URA’s Urban Renewal Exploration Centre (UREC), providing a public platform for diversified information and interactive experience for better understanding of URA’s urban renewal works. The Opening Ceremony today is officiated by the Secretary for Development, Mr Michael Wong Wai-lun; Chairman of the URA, Mr Victor So Hing-woh; Chairman of the Central & Western District Council, Mr Yip Wing-shing; URA Board Member and Chairman
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24 Oct 2017
A consortium of Wing Tai Properties Limited and CSI Properties Limited wins development contract of URA’s Peel Street/Graham Street Project (Site C)
The Urban Renewal Authority (URA) today (Tuesday) announced that a consortium, Southwater Hong Kong Limited, consisting of Wing Tai Properties Limited and CSI Properties Limited, has won the contract for the development of Site C of the Peel Street/Graham Street project (the Project). The URA earlier invited a number of qualified property developers/consortia to submit tenders for the Project following an Expression of Interest exercise. The URA received a total of nine tenders when the submission of tender closed on 9 October 2017. After careful deliberation, the URA Board considered that the tender offer made by the consortium of Wing Tai Properties Limited and CSI Properties Limited has met the tender requirements of Site C of the Project and thus decided to award the developme
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20 Oct 2017
URA launches Info Truck to promote building rehabilitation and Smart Tender Concession Scheme
The Urban Renewal Authority (URA) today (Friday) launched an Info Truck which will tour around Hong Kong in the coming month with an aim to enhance owners' awareness on building rehabilitation, while encouraging them to join the Smart Tender to improve the condition of their buildings. To encourage owners to carry out timely repair and maintenance for their buildings, the URA has adopted a multi-pronged approach by providing various technical and financial support to buildings owners, including the Smart Tender Building Rehabilitation Facilitating Services (Smart Tender) which was introduced in May 2016. Earlier this month, the URA has launched a concession scheme for Smart Tender in response to the Government's 2017-18 Budget initiative to earmark $300 million to allow property owner