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

The Urban Renewal Authority (URA) will invite interested developers to submit Expressions of Interest (EOI) for the development of Site C of the Peel Street/Graham Street project tomorrow (Thursday). 

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 C bounded by Graham Street, Gage Street and Cochrane Street, covering a site area of about 2,685 square metres.  Upon completion, it is planned to provide a gross floor area of about 40,275 square metres for office, hotel and retail purposes.  The site will also provide a public open space of not less than 1,310 square metres for the enjoyment of the community. 

Information about the submission of the EOI for the project site will be available at the URA's website (www.ura.org.hk) and published in several local newspapers tomorrow.  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 EOI should be submitted to the URA Headquarters at 26/F COSCO Tower, 183 Queen's Road Central, by 12:00 noon on 11 August 2017 (Friday).  Any submission of the EOI received after the specified closing time mentioned above will not be accepted. 

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

(ENDS)