The Urban Renewal Authority today announced plans for a $1.6 billion demand-led redevelopment project in To Kwa Wan Road.
The authority's proposal is to redevelop the project to provide about 150 residential units of small to medium size, about 150 square metres of commercial area and 830 square metres of Government, Institution & Community space. It is tentatively scheduled for completion by 2020-21.
Covering a site area of about 1,200 square metres, the project comprises seven street numbers of buildings - Nos. 68A - 70C - which were built in 1960. There are unauthorised building structures and subdivided units at the site, with poor living conditions.
The project affects 129 property interests, and there are about 240 households and eight ground floor shops, to be confirmed in a freezing survey. Notices announcing the project's start were published in the Gazette today, to be followed by a two-month publication period.
The authority will hold a public meeting next week to explain the planning procedures and the acquisition and compensation arrangements for demand-led projects to the affected owners and tenants. The project will go ahead if not less than 80% of the owners agree to it.
An urban renewal social service team of professional social workers from The Salvation Army will provide counselling and practical assistance.
