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Invitation for Expression of Interest for Fuk Wing Street/Fuk Wa Street Project

The Urban Renewal Authority (URA) tomorrow (Wednesday) will invite estate developers to provide an expression of interest (EOI) for the joint development of the Fuk Wing Street/Fuk Wa Street redevelopment project in Sham Shui Po, the third site successfully cleared since the URA launched its urban renewal programme in March 2002.

The project site covers an area of about 14,900 square feet and is expected to deliver a gross floor area of about 134,100 square feet for commercial and residential purposes upon completion in 2008. In addition, about 2,700 square feet of open space will be provided.

Parties interested in the project are requested to indicate their professional competence and financial capability to undertake the development in accordance with the requirements and criteria set by the Authority.

Submissions should be returned to the URA Headquarters at 10/F Low Block, Grand Millennium Plaza, 181 Queen's Road Central, by 5 pm on July 9, 2004.

A tender review panel under the URA Board will shortlist the qualified parties and invite them to submit a formal tender for the development. It is expected that the tender exercise will follow shortly.