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Invitation for Expressions of Interest for Development of URA’s Peel Street/Graham Street Project (Site A)

The Urban Renewal Authority (URA) will invite interested developers to submit Expressions of Interest for the development of Site A of the Peel Street/Graham Street project on 3 January 2017. 

The project is divided into three sites (Sites A, B and C) and is being implemented in phases.  The site being put up for development is Site A situated on Peel Street, which covers a site area of about 890 square metres.  Upon completion, it is planned to provide about 116 residential units with a total residential gross floor area of about 7,830 square metres, and a gross floor area of about 1,460 square metres for a multi-purpose activities hall and commercial purposes.  The site will also provide a public open space of not less than 300 square metres for the enjoyment of the general public. 

To create a sustainable living environment, the successful tenderer will be required to develop the project in compliance with the standard and quality requirements, the environmentally-sustainable provisions and "smart" provisions in respect of home energy and water consumption system, home health and wellness system, smart display, home waste management system, building information modelling, and building management system, etc. as set out in the development agreement.  

Information about the submission of the Expression of Interest for the project site will be available at the URA's website (www.ura.org.hk) and published in some local newspapers on 3 January 2017.  The Invitation Brochure for the project can be obtained upon request from the URA's Headquarters.  Developers interested in the development are requested to submit the duly completed and signed Reply Form, together with the required information to substantiate their development experience and financial capability to undertake the development in accordance with the requirements and criteria set by the URA.  All Expressions of Interest should be submitted to the URA Headquarters at 26/F, COSCO Tower, 183 Queen's Road Central, by 12:00 noon on 10 January 2017 (Tuesday). 

A tender review panel under the URA Board will shortlist qualified companies and invite them to submit tenders for the development later. 
 

(ENDS)