DEVELOPERS have shown strong interest in the Land Development Corporation's (LDC) $4 billion urban renewal project in Wanchai Road and Tai Yuen Street in Wan Chai.
Before yesterday's deadline, more than 10 companies were believed to have expressed an interest in entering into joint ventures with the LDC to develop the project.
An LDC spokesman said it had received a favour-able response from developers.
Property giants which have confirmed interest included Cheung Kong (Holdings), Sun Hung Kai Properties, Henderson Land Development, Sino Group and New World Development.
Hang Lung Development, Hopewell Holdings and Hysan Development were also believed to have declared an interest in the project.
A formal tender had been expected to take place this month or next month for developers to make detailed submissions.
The project covers a site area of more than 90,000 square feet, bounded by Queen's Road East, Ruttonjee Hospital, Cross Street and Tai Yuen Street.
