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Invitation to Tender for Fuk Wing Street/Fuk Wa Street Project

The Urban Renewal Authority (URA) today (Friday) invited a total of 22 property developers to tender for the joint development of the Fuk Wing Street/Fuk Wa Street project in Shum Shui Po.

The project site covers an area of about 14,900 square feet and is expected to deliver a maximum gross floor area of about 111,700 square feet of residential floor area and about 22,400 square feet of commercial retail area upon completion in 2008. In addition, about 2,700 square feet of open space will be provided.

In the expression of interest exercise which closed on 9 July, 22 submissions were received from interested parties for the joint development of the project. A tender review panel under the URA Board decided to invite all of them for tender, after taking into consideration their experience and financial strength to undertake the development in accordance with the requirements and criteria set by the Authority.

All tender submissions should reach the URA Headquarters at 10/F Low Block, Grand Millennium Plaza, 181 Queen's Road Central, by 5:00 pm on 26 August 2004.

The Fuk Wing Street/Fuk Wa Street project was one of the three early launch projects for which land acquisition was commenced by the URA in March 2002.