41 Expressions of Interest received for URA’s Reclamation Street/Shantung Street Project
The Urban Renewal Authority (URA) received a total of 41 Expressions of Interest for the development of the Reclamation Street/Shantung Street project in Mong Kok when the invitation for submission closed today (Wednesday).
A tender review panel under the URA Board will shortlist the qualified developers/consortia, taking into consideration their experience and financial capability to undertake the development in accordance with the requirements and criteria set by the URA. The URA will soon invite the qualified developers/consortia to submit tenders for the development based on the principal tender terms approved by the URA Board earlier.
The project site covers an area of about 1,389 square metres. Upon completion, it is planned to provide about 187 residential units with a total residential gross floor area of about 10,424 square metres and 2,085 square metres of commercial gross floor area.
The successful developer/consortium will be required to construct the development 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 system and building management system set out in the development agreement of the project with the aim of creating a sustainable living environment.