The Urban Renewal Authority (URA) has announced plans to tear down dozens of ageing buildings in To Kwa Wan and begin work on three redevelopment projects simultaneously. The projects will provide about 1,360 small to medium-size homes at a cost of at least HK$10 billion.
But first, 1,210 households along Wing Kwong Street, Hung Fook Street, Kai Ming Street and Ngan Hon Street will be eliminated, as dozens of 50-year-old buildings are torn down to make way for the redevelopment. Many of those buildings contain subdivided units and unauthorised building works on the roof tops.
The “Hung Fook Street / Ngan Hon Street Development Scheme” will include an underground car park with more than 200 parking spaces, which requires the approval of the Town Planning Board.
When asked why the three projects were rolled out at the same time, Michael Ma Siu-chi, Director (Planning and Design) of URA, said they hoped to present the entire plan of redevelopment in hopes of getting approval from the Board.
He added that the main objectives of the projects are to improve local traffic circulation, open up roads and provide commercial or retail space at the lower floors, according to the Oriental Daily.
The project is tentatively scheduled for completion by 2025 or 2026.