URA plans under way
Under the H18 plan, the Urban Renewal Authority will carry out redevelopment around Staunton Street, Shing Wong Street, Bridges Street and Wing Lee Street near SoHo.
More than 20 buildings will be torn down, including nine pre-war tenements on Wing Lee Street, and replaced by two six-storey blocks and one 28-floor building offering 130 flats.
The scale had been reduced from a previous two residential high-rises and a 28-storey building with 216 flats in total. Also, gross floor area will be reduced to about 125,000 square feet from about 225,000 sqft.
The URA is taking a 'conservation-led redevelopment approach' rather than treating it as a redevelopment project with preservation elements, adding that the historical background and cultural significance of the area have been considered.
The URA will soon commission consultants to fine-tune the optimisation plan for consideration by the Town Planning Board after consulting the local District Council.
Meanwhile, another redevelopment project on Peel Street and Graham Street is under way. Ten minutes from H19, it consists of 37 blocks on a site area of about 57,000 sqft. Two residential high-rises, a hotel and a commercial premise are planned.
The H18 project should be ready by 2015 and the Graham Street development around 2015 to 2017.