Press Releases
Year 2005
-
4 Nov 2005
URA launches public consultation on Kwun Tong redevelopment project
Local leaders and residents of the Kwun Tong community gathered together today (Friday) to express their vision and aspirations for creating a modern town centre to the Urban Renewal Authority (URA). They were among the members of the URA's Kwun Tong District Advisory Committee (DAC) which met for the first time to discuss a multi-billion-dollar project proposal for a comprehensive redevelopment of the Kwun Tong Town Centre. The committee members also include Legislative Councillors, bankers, academics, social workers and professionals from various fields. The Chairman of the DAC, Professor David Lung, who is also the Chairman of the Planning, Development and Conservation Committee of the URA Board, said, "It was a very lively and fruitful meeting. Members were constructive in putting
-
1 Nov 2005
URA sets up District Advisory Committee for Kwun Tong
The Urban Renewal Authority (URA) today ( Tuesday) announced the setting up of the Kwun Tong District Advisory Committee (DAC) to collect public views and suggestions on urban renewal, in particular the Kwun Tong Town Centre redevelopment project which will be the largest single project undertaken by the URA. The DAC members come from different walks of life including Legislative Councillors, district leaders, property owners, social workers, professionals, academic, banker and businessmen. The appointments are for one year. The committee will be chaired by a URA Board Member, Professor David Lung, who has been participating in urban renewal work as a Board Member of the former Land Development Corporation and the URA since 1995. The main responsibility of DAC is to reflect the views
-
22 Oct 2005
URA provides more incentives for building rehabilitation
The Urban Renewal Authority (URA) today (Saturday) announced details of a new package of initiatives in response to the Government's efforts to foster a strong culture of building care. The initiatives were introduced following the Government's publication of a consultation paper to promote building management and maintenance yesterday. The initiatives are designed to enhance both the financial and technical assistance to building owners corporations under the URA's current rehabilitation material incentive scheme and interest-free loan scheme. First, the cost of subsidy material offered under the material incentive scheme is increased from 10 percent of works value to 20 percent or up to $3,000 per unit. Second, the hardship grant of up to $10,000 per unit currently offer
-
21 Oct 2005
URA supports building management and maintenance proposal
In response to the release of a consultation paper by the Secretary for Housing, Planning and Lands, Mr. Michael Suen, today (Friday) on promoting building management and maintenance, the Urban Renewal Authority welcomes the paper. A spokesman of the Authority said: "The Urban Renewal Authority (URA) supports in particular the proposal for the introduction of mandatory building inspection to foster and promote building care and maintenance. We believe that this would be a move in the right direction for Hong Kong in searching for an effective long-term solution to address the long-standing and increasingly serious problem of building neglect and disrepair particularly in the old districts. In the interest of both the community and individual building owners, it is hoped that the manda
-
28 Sep 2005
Public consultation for Mallory Street project begins
A two-month public consultation exercise for the Urban Renewal Authority (URA)'s Mallory Street revitalization project in Wan Chai, a pilot project to help foster Hong Kong's development of cultural and creative industries, begins today (Wednesday). Announcing the territory-wide consultation initiative for the project, Miss Maria Tam, URA Board member and Chairperson of a Special Committee for the project, said: "This project is such a new and unprecedented attempt that we consider it very important to widely consult the general public as well as the prospective operators." The Special Committee is formed by the URA's Wan Chai District Advisory Committee (DAC) with representatives of the Wan Chai District Council and District Office. The consultation exercise aims to collect views a
-
10 Sep 2005
Happy Mid Autumn Festival for elderly residents in Tai Kok Tsui
Festive mood filled the homes of some 100 elderly people in two Tai Kok Tsui redevelopment sites of the Urban Renewal Authority (URA) when they are offered packs of mooncakes and fruit for the upcoming Mid Autumn Festival this (Saturday) afternoon from a team of volunteers comprising URA staff members and social workers of The Salvation Army. Their smiling faces showed their gratitude for the timely gift as well as for the concern of the caring visitors from the Urban Renewal Authority, who spent their weekend afternoon bringing festive gifts to them. Sponsored by the Urban Renewal Authority (URA), the event is jointly organised by the Staff Club of the URA and the Urban Renewal Social Service Team of The Salvation Army. Over 50 URA staff and their family members, together with social
-
1 Sep 2005
Chinese Estates Holdings Limited wins URA's Larch Street/Bedford Road Project
The Urban Renewal Authority (URA) today (Thursday) announced that a wholly-owned subsidiary of Chinese Estates Holdings Limited, Speed Win Limited, has won the joint development contract for its Larch Street/Bedford Road project in Tai Kok Tsui in a public tender exercise. The project covers a site area of about 13,200 square feet and upon completion, is expected to deliver a gross floor area of about 119,000 square feet for residential and commercial use. In addition, about 4,300 square feet of landscaped area will be provided. Chinese Estates Holdings Limited is one of the nine property developers who tendered for the joint venture project. Based on the recommendation of a tender review panel appointed by the URA Board, members of the Board agreed that the offer made by Chinese Es
-
19 Aug 2005
URA tender closes for Larch Street/Bedford Road project
In response to media enquiries on the tender submissions for the joint development of the Larch Street/Bedford Road project in Tai Kok Tsui, the Urban Renewal Authority (URA) today (Friday) issued the following statement: A total of nine tender offers have been received for the joint venture development of the Larch Street/Bedford Road project 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, 21 were invited to submit a tender. The project covers a site area of about 13,200 square feet and upon completion, is expected to deliver a gross floor area of about 119,000 square feet for resi
-
29 Jul 2005
Invitation to Tender for Larch Street/Bedford Road Project
The Urban Renewal Authority (URA) today (Friday) invited a total of 21 property developers to tender for the joint development of the Larch Street/Bedford project in Tai Kok Tsui. The project covers a site area of about 13,200 square feet and upon completion, is expected to deliver a gross floor area of about 119,000 square feet for residential and commercial use. In addition, about 4,300 square feet of landscaped area will be provided. Following the expression of interest exercise which closed on 11 July, a tender review panel under the URA Board decided to invite 21 interested parties for tender, after taking into consideration their experience and financial strength to undertake the development in accordance with the requirements and criteria set by the Authority. All tender subm
-
21 Jul 2005
Kerry Properties Limited wins URA's First Street/Second Street Project
The Urban Renewal Authority (URA) today (Thursday) announced that a wholly-owned subsidiary of Kerry Properties Limited, Wealthy State Investments Limited has won the joint development contract for its First Street/Second Street project in Sai Ying Pun in a public tender exercise. The project covers a site area of about 38,000 square feet and upon completion, is expected to deliver a gross floor area of about 425,000 square feet for residential and commercial use. In addition, an 11,800-square foot residential care home for the elderly and about 7,500 square feet of landscaped open space will be provided. Kerry Properties Limited is one of the 11 property developers who tendered for the joint venture project. Based on the recommendation of a tender review panel appointed by the URA Bo