Seven Tenders Received for URA’s Queen’s Road West/ In Ku Lane Development Project
The Urban Renewal Authority (URA) received a total of seven tenders 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 of tender closed today (24 November 2022).
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 the development of the Project.
The URA earlier invited interested developers to submit Expressions of Interest for the Project. After careful consideration of the Expressions of Interest received, the TRP invited 32 developers to submit tenders.
The Project, which covers a site area of 1,566.7 square metres, was commenced in March 2018. It is planned to provide a total gross floor area of about 11,290 square metres upon completion.
The Project aims to rationalise the land uses and layout within the Project and its adjoining area by re-planning the nearby public open space to improve the connectivity, accessibility and built environment. Apart from the public open space, the existing In Ku Lane Refuse Collection Point and public toilet will also be re-provisioned in-situ and integrated within the future development with enhanced 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 quality living environment in the Central and Western District.