The Urban Renewal Authority (URA) will invite interested parties  to submit expressions of interest in the joint development of Lee Tung Street/McGregor Street project in Wan Chai tomorrow (Friday).

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.

Parties interested in 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 the Authority.

Submission should be made to the URA Headquarters at 10/F, Low Block, Grand Millennium Plaza, 181 Queen¡¦s Road Central, by 5 pm on 26 September 2008 (Friday).

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 revitalization 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.

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