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

The Urban Renewal Authority (URA) today (Tuesday) invited a total of 27 property developers/consortia to tender for the development of Site C of the Peel Street/Graham Street project.

The URA will provide the relevant tender documents to the qualified property developers/consortia, 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 9 October 2017 (Monday).  Any submission of the tender received after the specified closing time mentioned above will not be accepted.

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 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 not more than 40,275 square metres for office, hotel and retail purposes and to provide a public open space of not less than 1,310 square metres for the enjoyment of the community.

(ENDS)