Invitation to Tender for Development of URA’s Kowloon Road/Kiu Yam Street Demand-led Project in Sham Shui Po
The Urban Renewal Authority (URA) today (Tuesday) invited a total of 27 property developers to tender for the development of Kowloon Road/Kiu Yam Street demand-led redevelopment project in Sham Shui Po.
The URA earlier invited interested developers to submit Expressions of Interest for the development and a total of 32 submissions were received when the expression of interest exercise closed on 18 August 2016. After careful consideration, a tender review panel under the URA Board has decided to invite 27 qualified property developers to tender for the project.
The URA will provide the relevant tender documents and principal tender terms approved earlier by the URA Board to the qualified developers, based on which they can submit tenders for the development. All tender submissions should reach the URA Headquarters at 26/F, COSCO Tower, 183 Queen's Road Central, by 12:00 noon on 5 October 2016 (Wednesday).
The tender review panel will later consider the tenders received and make recommendation to the URA Board for its decision on the award of a development agreement.
The project site, which covers an area of 543 square metres, was commenced in April 2013 under the second round of the URA's Demand-led Redevelopment Projects (Pilot Scheme). It is tentatively scheduled for completion by 2019/2020, upon which it is planned to provide about 80 residential units with a total residential gross floor area of about 4,070 square metres and 814 square metres of commercial gross floor area.