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16 tenders received for development of URA’s Reclamation Street/Shantung Street Project

The Urban Renewal Authority (URA) received a total of 16 tenders for the Reclamation Street/Shantung Street project (the Project) in Mong Kok when the invitation for submission of tender closed today (Monday).

A tender review panel (TRP) under the URA Board will consider the tenders received and make recommendation to the URA Board for its decision on the award of tender for the Project.

The URA earlier invited interested developers/consortia to submit Expressions of Interest for the Project.  After careful consideration of the Expressions of Interest received, the TRP invited 40 property developers/consortia to submit tender.

The project site covers an area of about 1,389 square metres.  Upon completion, it is planned to provide about 187 residential units with a total residential gross floor area of about 10,424 square metres and 2,085 square metres of commercial gross floor area.

The successful developer/consortium will be required to construct the development in compliance with the standard and quality requirements, the environmentally sustainable provisions and smart provisions in respect of home energy and water consumption system, home health and wellness system, smart display, home waste management system, building information modelling system and building management system set out in the development agreement of the Project with the aim of creating a sustainable living environment.