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January 12, 2018

CLP's Argyle Street redevelopment project tender awarded to Sino
CLP Group (CLP) and Sino Land Company Limited (Sino Land) announce that the companies will collaborate on CLP’s Argyle Street Redevelopment as the project tender has been awarded to Sino Land. 
     Since 2011 CLP has been planning to redevelop its former administrative office at Argyle Street for residential purposes and to preserve the Clock Tower building for community use. 
     “CLP’s former headquarters at Argyle Street is an important part of our heritage. We are pleased to be working with Sino Land, a leading and well respected property developer in Hong Kong with a rich experience in developing projects of heritage significance,” said Mr Richard Lancaster, Chief Executive Officer of CLP Holdings Ltd.
     Mr Daryl Ng, Deputy Chairman, Sino Land, said, “We look forward to collaborating with CLP to build an exquisite residential development that is respectful of its address and heritage with fine craftsmanship and thoughtful design.”
     While site preparation works have been largely completed at the site on Argyle Street, the redevelopment is still undergoing government procedures and finalisation of project details.
     The Urban Renewal Authority (URA) announced recently that a joint venture between Sino Land and Chuang's has won the contract for the development of the Reclamation Street/Shantung Street Project in Mong Kok. Upon completion, the project will provide about 187 residential units. It will have a total residential gross floor area of about 112,000 sq ft and 22,400 sq ft of commercial premises.


(Photo: CLP Group)


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