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Invitation to Tender for Queen's Road East Project

The Urban Renewal Authority (URA) today (Friday) invited a total of 17 property developers to tender for the joint development of the Queen's Road East redevelopment project at Nos. 235 - 245 Queen's Road East in Wanchai.

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.

Following the expression of interest exercise which closed on 15 December 2006, 19 submissions were received by the Authority. A tender review panel under the URA Board has decided to invite 17 interested parties 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 January 2007.