The Lands Department today (August 5) announced the resumption of land at Lee Tung Street/McGregor Street, Wan Chai for a redevelopment project of the Urban Renewal Authority (URA).
This redevelopment project is included in the URA's Business Plan for 2003/04. The implementation would help to rejuvenate the old district concerned and improve the living conditions of the residents.
A total of 148 interests in the Lee Tung Street/McGregor Street redevelopment project will be resumed under the Lands Resumption Ordinance. The affected interests will revert to the Government three months after the date of the resumption notice being affixed on site. Details of the private land affected are contained in the Gazette published today.
Apart from their entitlement to statutory compensation, eligible owners of domestic properties will be offered an ex-gratia home purchase allowance or supplementary allowance as appropriate.
Owners and tenants affected may make statutory claims under the Lands Resumption Ordinance and, if the claims cannot be settled by agreement, may apply to the Lands Tribunal for adjudication. Any professional fees reasonably incurred for making such a claim may be reimbursed by the Government. Occupiers of commercial properties may also be eligible for an ex-gratia allowance in lieu of the right to make statutory claims for loss of business and disturbance.
Eligible domestic occupiers will be offered rehousing or ex-gratia cash allowances in lieu of rehousing by the URA. Rehousing will be in units provided by the Hong Kong Housing Authority, the Hong Kong Housing Society or the URA itself.
Upon completion of resumption and clearance, the site, covering a total area of about 8,929 square metres, will be granted to the URA at nominal premium for redevelopment.
This project will contribute to general environmental improvements in the locality. Mixed-use development is permitted on site, and the current proposal is for commercial/residential developments with provision of Government, institutional or community facilities and public open space.
Ends/Friday, August 5, 2005
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