Invitation for Expressions of Interest for Development of URA’s Wing Kwong Street / Sung On Street Development Project
The Urban Renewal Authority (URA) will invite interested property developers/ consortia to submit Expressions of Interest (EOI) for the development of the Wing Kwong Street / Sung On Street Development Project (the Project) in To Kwa Wan tomorrow (26 July 2022).
The Project, which covers a site area of 2,876 square metres, was commenced in June 2018. Upon completion, it is planned to provide a maximum total gross floor area of 25,884 square metres.
The successful property developer/ consortium will be required to construct the new development in compliance with the requirements of the master design control of To Kwa Wan district in Kowloon City as set out in the development agreement (the Agreement) of the Project to create synergy with adjoining development projects of the URA, allowing comprehensive restructuring and replanning of the area while enhancing walkability and connectivity. The Project will also enhance the livability of the district by adopting place-making and smart initiatives.
The URA has commenced eight connecting projects, including this Project, in To Kwa Wan district in Kowloon City under the district-based approach. All new development of these projects will have to comply with the requirements of the master design control in a bid to create synergy with adjoining URA’s projects even though the development contract of these projects will be awarded at different times.
The requirements of the district-based master design control include:
- Improving connectivity with major district nodes, including To Kwa Wan MTR station, Hoi Sham Park, and other public facilities with a better-restructured pedestrian network;
- Enhancing street vibrancy with distinctive design character by specifying building frontage and landscape design along the pedestrian streets;
- Improving air ventilation by specifying podium setback and tower separation among the development projects within the district to create a more liveable environment;
- Creating various urban spaces to serve as a community gathering point for the district, coupled with place-making initiatives to cultivate a distinctive district precinct; and
- Adopting more smart building and facility management initiatives (e.g. 5G network) to create a smart community.
In addition, the new development must comply with the standard and quality requirements, the environmentally sustainable provisions and smart provisions set out in the Agreement.
Information about the submission of the EOI for the Project will be available on the URA’s website (www.ura.org.hk) and published in several local newspapers tomorrow. The Invitation Brochure for the Project can be obtained upon request from the URA’s Headquarters. Property developers/ consortia interested in the development are requested to submit the duly completed and signed Reply Form, together with the required information to substantiate their development experience and financial capability to undertake the development in accordance with the requirements and criteria set by the URA. All EOI should be submitted to the URA’s Headquarters at 26/F COSCO Tower, 183 Queen’s Road Central, by 12:00 noon on 9 August 2022 (Tuesday). Any submission of the EOI received after the specified closing time mentioned above will not be accepted.
A tender review panel under the URA Board will consider all EOI submissions and shortlist qualified companies, which will be invited to submit tenders for development later.
(ENDS)