Tender closes for development of Lai Chi Kok Road / Kweilin Street and Yee Kuk Street Project

The Urban Renewal Authority (URA) today (Monday) announced that a total of eight tender offers have been received for the joint venture development of Lai Chi Kok Road / Kweilin Street and Yee Kuk Street Project in Sham Shui Po.

A tender review panel will consider the tenders received and make recommendation to the URA Board for a decision in due course.

Earlier, the URA received 15 submissions expressing an interest in the joint venture development of the project; all of them were invited to submit a tender for the development.

The project comprises two adjacent sites at Lai Chi Kok Road / Kweilin Street and Yee Kuk Street of about 36,000 square feet.  The URA's proposal is to redevelop the sites to provide about 390 residential units, including some 60 flats with elderly-friendly facilities.  Besides, some 4,100 square feet of floor area for Non-Government Organisations specialising preferably in services for senior citizens, 50,000 square feet of commercial floor area and 6,200 square feet of public open space will also be provided in the project.

(ENDS)