23 May 2002
Expressions of interest invited for property development at Tsuen Wan West Station
Expressions of interest from developers and consortia for joint venture development of a site at Tsuen Wan West Station, West Rail, Phase I, are now invited by the Tsuen Wan West Property Development Limited (the "Company").
The Company is a subsidiary of West Rail Property Development Limited, which is jointly owned by the Kowloon-Canton Railway Corporation (KCRC) and the Government.
The 4.28-hectare site, known as the TW5 Bayside site, will yield about 2.59 million square feet of gross floor area, comprising 2.01 million square feet for residential use, 409,000 square feet for retail use and 169,000 square feet for public car parking.
The site will be developed in two phases. Phase I will comprise four residential towers, providing 1,056 flats, on a five-level podium with shops and a car park. Apart from the shops, the ground level will also have a public transport interchange. Phase II will comprise six residential towers providing 1,774 flats and parking facilities. The residential blocks will be 41 to 47 storeys in height.
A KCRC spokesman said the Bayside development is set to become a new focal point in Tsuen Wan as it is situated directly above the West Rail Tsuen Wan West Station. It is also adjacent to the Tsuen Wan Town Park Phase II, Tsuen Wan Ferry Piers and Tsuen Wan Town Hall.
The development will be linked by a comprehensive footbridge network with existing and future developments in the area.
Other attractions of the site include easy access to a proposed waterfront promenade to the south and a clear view of the Rambler Channel and Ting Kau Bridge.
TW5 Bayside is the first site along the West Rail alignment, for which expressions of interest are being invited.
The invitation brochure "Expressions of Interest, Property Development at Tsuen Wan West Station, TW5 Bayside Site" can be obtained from KCRC by mail or fax (fax number: 2145 4293). Mail requests should be directed to the General Manager, Property Development at 5/F, KCRC House, No 9 Lok King Street, Fo Tan from tomorrow to 7 June 2002. Expressions of interest together with the accompanying information should be sent to the Corporation no later than 14 June 2002.
Overview of Tsuen Wan West site area
Tsuen Wan West Station TW5 Bayside – Master Layout Plan
Tsuen Wan West Station TW5 Bayside