FRIDAY, APRIL 24, 1992
13
RESUMPTION OF JUBILEE STREET/QUEEN'S ROAD CENTRAL
THE GOVERNMENT GAZETTED TODAY (FRIDAY) THE RESUMPTION OF
THE CENTRAL UNDER ROAD AT JUBILEE STREET/QUEEN'S
LAND CROWN LANDS SCHEME
RESUMPTION ORDINANCE FOR THE IMPLEMENTATION OF A REDEVELOPMENT BY THE LAND DEVELOPMENT CORPORATION (LDC).
REDEVELOPMENT THE PROPOSED
WILL FEATURE A METRES OF
MULTI-STOREY
OFFICE SPACE
COMMERCIAL BUILDING, IN WHICH 95,800 SQUARE AND 6,900 SQUARE METRES OF RETAIL AREA WILL BE PROVIDED.
UNDERNEATH THE BUILDING, THERE WILL BE FOUR BASEMENTS.
A
AREA, WILL BE THE FIRST ONE, WHICH IS 3,700 SQUARE METRES IN
FACILITIES, INCLUDING USED FOR GOVERNMENT/INSTITUTION/COMMUNITY HAWKER BAZAAR, A COOKED FOOD CENTRE AND A DAY NURSERY.
THE OTHER THREE WILL BE USED AS CAR PARKS AND SERVICING AREAS.
WITH WHICH IS
OF ABOUT 1,500 IN ADDITION TO A LANDSCAPED PUBLIC OPEN SPACE SQUARE METRES AT GROUND LEVEL, THERE WILL BE PEDESTRIAN LINKAGES NEARBY STREETS, INCLUDING THE CENTRAL/MID-LEVELS ESCALATOR NOW UNDER CONSTRUCTION.
IN
1996,
THE SCHEME WILL
COMPLETED SCHEDULED TO BE SIGNIFICANT ENVIRONMENTAL IMPROVEMENT AND PROVIDE UPGRADED FOR THE SURROUNDING AREA.
IN RECOMMENDING RESUMPTION,
LANDS
THE
BRING FACILITIES
BY
PLANNING, THAT THE INTERESTS THE LAND
SECRETARY FOR CONFIRMED THAT HE WAS SATISFIED ENVIRONMENT AND CORPORATION HAD TAKEN ALL REASONABLE STEPS TO ACQUIRE THESE
AS REQUIRED REASONABLE, ON TERMS THAT WERE FAIR DEVELOPMENT CORPORATION ORDINANCE.
AND
VALUES
HAD
REVISED OFFERS TAKING ACCOUNT OF CHANGES IN MARKET BEEN MADE AT VARIOUS TIMES, MOST RECENTLY IN THE PAST FEW WEEKS.
LUNG STREET, TUNG MAN GILMAN'S BAZAAR AND QUEEN'S WILL REVERT TO THE THREE RESUMPTION NOTICE
ABOUT 59 LOTS IN JUBILEE STREET, HING STREET, WING ON STREET, GILMAN STREET, ROAD CENTRAL ARE AFFECTED BY THE RESUMPTION AND GOVERNMENT FOLLOWING THE EXPIRATION OF MONTHS FROM TODAY.·
THE
BY THE PROJECT AND COMPENSATION OR APPROPRIATE
SOME 155 DOMESTIC OCCUPIERS ARE AFFECTED ELIGIBLE OCCUPIERS WILL BE OFFERED CASH REHOUSING BY THE LDC.
REHOUSING WILL
BE
IN
PROPERTIES
ALREADY
PURCHASED BY THE
FROM
FOR
THEIR ENTITLEMENT
A
HOME PURCHASE
CORPORATION IN HONG KONG AND KOWLOON.
APART ELIGIBLE BE
OWNERS OF DOMESTIC PROPERTIES, FOR STATUTORY COMPENSATION, WILL
ALLOWANCE.
/OWNERS AND