20 Aug 2007
URA Statement on Sai Yee Street Project
In response to media enquiry today (Monday) on progress of the Sai Yee Street project, Mongkok, a spokesman of the Urban Renewal Authority said:
- This development will affect 16 sports shops or about 25% of
the sports shops in "Trainers Street" in Mongkok.
- According to a survey conducted by HKU in April 2006, of the
number of units represented by the interviewed owners, there were
43% supporting redevelopment (mainly domestic residents) and 42%
supporting rehabilitation (mainly shop operators and owners of
- The Legislative Council passed a motion in January 2007 calling
for the retention of existing commercial districts and bazaars with
- The URA needs to take all these aspirations into account in
project planning. In the past few months, we have been in close
contact with various stakeholders to listen to their views and to
follow up on their suggestions.
- We have conducted an initial assessment of the proposal put
forward by the K28 Concern Group. Our consultants held a meeting
with the consultant of the Concern Group to clarify certain
technical issues of the group's proposal on 9 August 2007. With
this supplementary information, a detailed assessment is being
conducted on a number of complex issues arising from the
- Fundamental difficulties posed by the proposal include land
administration legalities, prolonged disruption to the existing
business operation, lack of unanimous support from the shop owners
affected and the renewed planning process it entails.
- When we have the results of further studies on these fundamental issues, we will announce our final decision on this redevelopment project as soon as possible. It remains URA's firm objective to commence this project within this financial year, based on a redevelopment scheme with features balancing the need to enhance the local character and economic activities of 'Trainer Street' and the interests of various groups of affected stakeholders.