3
FRIDAY, OCTOBER 26, 1984
HK-CHINA FERRY TERMINAL SITE OFFERED
****
THE HONG KONG-CHINA FERRY TERMINAL SITE IN CANTON ROAD, TSIM SHA TSUI, WILL BE OFFERED FOR SALE BY CASH TENDER.
A LANDS DEPARTMENT SPOKESMAN TODAY DESCRIBED THE SITE, ALSO KNOWN AS KOWLOON INLAND LOT 10743, AS +MOST VALUABLE+, AND SAID CONSIDERABLE INTEREST WAS EXPECTED FROM MAJOR DEVELOPERS.
THE 2.44-HECTARE-SITE, INCLUDING 9 000 SQUARE METRES OF SEABED, ON WHICH THERE IS AN AIRPORT HEIGHT RESTRICTION OF 60.96 METRES, IS FOR NON-INDUSTRIAL DEVELOPMENT WHICH MAY INCLUDE A HOTEL.
THE PURCHASER WILL BE REQUIRED TO BUILD FOR THE GOVERNMENT A FERRY TERMINAL, INCLUDING A PIER, FOR THE HONG KONG-CHINA VESSEL PASSENGER SRVICES, HE SAID.
THE GOVERNMENT WILL PAY THE PURCHASER THE COST FOR CONSTRUCTING THE TERMINAL, IN STAGES, ACCORDING TO THE WORK COMPLETED. THE TOTAL AMOUNT WILL NOT EXCEED $207.5 MILLION, HE SAID.
THE PURCHASER WILL ALSO BE REQUIRED TO FULFIL A BUILDING COVENANT BY COMPLETING DEVELOPMENT OF AT LEAST 41 000 SQUARE METRES IN GROSS FLOOR AREA ABOVE THE PODIUM BY THE END OF 1989.
TENDERS MUST BE PLACED IN THE 'GOVERNMENT SECRETARIAT TENDER BOX' IN CENTRAL GOVERNMENT OFFICES (EAST WING), LOWER ALBERT ROAD, BEFORE NOON ON DECEMBER 21.
PRIVATE FORESHORE LEASE GRANT PLANNED
***
THE GOVERNMENT INTENDS TO GRANT BY PRIVATE TREATY A LEASE ON ABOUT 655 SQUARE METRES OF FORESHORE AND SEABED TO THE HONG KONG AND KOWLOON WHARF AND GODOWN COMPANY LIMITED.
THE LEASE AREA IS FOR 21 YEARS, AND WILL BE AN EXTENSION TO KOWLOON PERMANENT PIER NO. 6 IN CANTON ROAD, TSIM SHA TSUI. THE LESSEE WILL BE PERMITTED TO CONSTRUCT WITHIN THE AREA ADDITIONAL SPACE AT THE ROOF AND PRAYA LEVELS FOR THE PROPOSED MULTI-PURPOSE RECREATIONAL AND SPORTS COMPLEX TO BE BUILT ON THE PIER.
THE COMPLEX WILL PROVIDE SPORTS FACILITIES MAINLY FOR THE RESIDENTS OF HARBOUR CITY.
/HOWEVER,