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Invitation to Tender for Larch Street/Fir Street Project

The Urban Renewal Authority (URA) today (Friday) invited a total of 13 property developers to tender for the joint development of the Larch Street/Fir Street redevelopment project in Tai Kok Tsui.

The project covers a site area of about 23,570 square feet and upon completion, is expected to deliver a maximum gross floor area of about 212,160 square feet for residential and commercial use.

Following the expression of interest exercise which closed on 9 February 2007, 15 submissions have been received by the Authority. A tender review panel appointed by the URA Board has decided to invite 13 interested parties for tendering purposes, after taking into consideration their experience and financial strength to undertake the development in accordance with the requirements and criteria laid down 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 16 March 2007.