33 Expressions of Interest Received for Development of URA’s Queen’s Road West/ In Ku Lane Development Project
The Urban Renewal Authority (URA) received a total of 33 Expressions of Interest for the development of the Queen’s Road West/ In Ku Lane Development Project (the Project) in Sai Ying Pun when the invitation for submission closed today (27 September 2022).
A tender review panel under the URA Board will shortlist the qualified developers from the submissions, taking into consideration their development experience and financial capability to undertake the development of the Project in accordance with the shortlisting criteria set by the tender review panel. Based on the principal tender terms approved by the URA Board, shortlisted developers will be invited to submit tenders for the development of the Project.
The Project, which covers a site area of 1,566.7 square metres, was commenced in March 2018. Upon completion, it is planned to provide a total gross floor area of about 11,290 square metres.
The Project aims to rationalise the land uses and layout within the area by re-planning the public open space to improve the connectivity, accessibility and built environment. The existing In Ku Lane Refuse Collection Point, public toilet, and public open space, which will be re-provisioned in-situ and integrated within the future development, will be enhanced with better serviceability.
The successful developer will be required to construct the new development in compliance with the standard and quality requirements, the environmentally sustainable provisions and smart provisions set out in the development agreement of the Project with the aim of creating a sustainable living environment.