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Invitation for Expression of Interest for Queen's Road East Project

The Urban Renewal Authority (URA) will invite real estate developers to submit an expression of interest for the joint development of the Queen's Road East redevelopment project at Nos. 235 - 245 Queen's Road East in Wanchai tomorrow (Friday).

The project covers a site area of about 4,070 square feet and upon completion, is expected to deliver a minimum gross floor area of about 21,250 square feet for residential and commercial use.

Parties interested in the project are requested to indicate their professional competence and financial capability to undertake the development in accordance with the requirements and criteria set by the Authority.

Submissions should be made to the URA Headquarters at 10/F Low Block, Grand Millennium Plaza, 181 Queen's Road Central, by 5 pm on 15 December, 2006.

A tender review panel under the URA Board will shortlist qualified parties and invite them to submit a formal tender for the joint development.  It is expected that the tender exercise will follow shortly.