URA

OPERATING REVIEW 33 Central Market In March 2017, the Chief Executive in Council approved a 21-year private treaty grant of the Central Market to the URA at nominal premium and agreed to grant a five-year short term tenancy (STT) to the URA for construction works. With the delivery of vacant possession in late September 2017 and the execution of the STT, the hoarding work for the Central Market and the demolition work of the public toilet fronting Queen’s Road Central, which commenced in October 2017, have been completed. Leveraging the Building Information Modelling technology in building construction, advance work for the Central Market (mainly at the backyard area) commenced in April 2018. The URA will endeavour to complete this revitalisation project before the end of 2021 for early enjoyment by the public. Central Market is now at advance works stage, mainly working at the areas near Queen’s Road Central, which will become a new entrance plaza as part of the public open space. Mong Kok The URA is enhancing the local characteristics of five themed streets, namely: Flower Market Road, Tung Choi Street, Sai Yee Street, Fa Yuen Street and Nelson Street, by improving the streetscape to enhance the unique characteristics and ambience of each street. The improvement works at Flower Market Road have been completed. The implementation of the improvement works at Tung Choi Street will be taken up by government departments. Improvements for Sai Yee Street and Fa Yuen Street have been partially completed. Meanwhile, in the final phase of the project, the URA is liaising with Government departments on the detailed design of Nelson Street and other sections of the Sai Yee Street and Fa Yuen Street improvement works.