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URA’s Anchor Street/Fuk Tsun Street Project in Tai Kok Tsui received 10 tender offers

The Urban Renewal Authority (URA) today (Tuesday) announced that a total of 10 tender offers have been received for the Anchor Street/Fuk Tsun Street Project in Tai Kok Tsui.

A tender review panel will consider the tenders received and make recommendation to the URA Board for a decision on the award of a development agreement in respect of this project.

Earlier, the URA extended the invitation to tender for the project to Golden Code Development Limited on 8 May 2015 after the tender review panel reconsidered its expression of interest with supplementary information submitted to substantiate its hotel development experience. All invited parties were informed of the arrangement accordingly, and as a result, the URA invited a total number of 21 property developers to tender for the project.

The project site covers an area of 726 square metres. The URA plans to redevelop the site into a 23-storey hotel providing about 200 rooms and ancillary accommodation with a total gross floor area of 6,529 square metres.