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Invitation to Tender for Pine Street/Anchor Street Project in Tai Kok Tsui

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

The project covers a site area of about 25,000 square feet and upon completion, is expected to deliver a maximum gross floor area of about 225,500 square feet for residential and commercial use.

Following the expression of interest exercise which closed on 28 December 2007, 13 submissions were received by the Authority. A tender review panel under the URA Board has decided to invite all of the 13 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 7 March 2008.