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URA Invites Bids for To Kwa Wan Redevelopment Project with 900 Flats

about 3 hours ago2 MIN
URA Invites Bids for To Kwa Wan Redevelopment Project with 900 Flats

Summary

The Urban Renewal Authority (URA) began accepting expressions of interest from developers and consortia on Thursday for the To Kwa Wan/YWG Development Project. The site covers approximately 5,475 square metres and is designed to accommodate about 900 residential units. This initiative represents the last remaining redevelopment project within the Victoria Cove Central (VCC) new community district, which comprises eight interconnected projects under the URA's Small District Development model. The submission deadline is September 17 at noon.

Key Points

  • The URA opened the invitation for expressions of interest on September 3, with submissions due by noon on September 17
  • The development site occupies approximately 5,475 square metres (about 59,000 square feet) and can provide roughly 900 residential units
  • The project is the final redevelopment component within the Small District Redevelopment New Community, one of eight projects under the URA's Small District Development approach
  • Situated near MTR To Kwa Wan Station, the development plans include two pedestrian bridges connecting to the station exit and the Lei Yue Mung/YWG Development Project
  • The new community has been officially named Victoria Cove Central, with all projects required to adhere to the URA's Master Design Requirements for integrated urban renewal

Why It Matters

This project marks the completion of the Victoria Cove Central district, which aligns with the URA's broader "Sea-Shore-Land" planning vision for the East Victoria Harbour area. Upon completion, the development is expected to strengthen connectivity between the To Kwa Wan hinterland and the waterfront while generating synergies with seven other ongoing redevelopment projects .
This project marks the completion of the Victoria Cove Central district, which aligns with the URA's broader "Sea-Shore-Land" planning vision for the East Victoria Harbour area. Upon completion, the development is expected to strengthen connectivity between the To Kwa Wan hinterland and the waterfront while generating synergies with seven other ongoing redevelopment projects .

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