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Invitation for Expression of Interest for Larch Street/Bedford Road Project

The Urban Renewal Authority (URA) will invite real estate developers to submit an expression of interest (EOI) for the joint development of the Larch Street/Bedford Road redevelopment project in Tai Kok Tsui tomorrow (Thursday).

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.

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 11 July, 2005.

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