30 August 2014 - With a limited supply of commercial sites in core business districts, the site at 15 Middle Road (Tsim Sha Tsui) attracted the bidding interest of numerour developers. The Lands Department confirmed that the authority received 18 bids for the commercial site as of its tender closing day yesterday.
Located in the heart of Tsim Sha Tsui, the Middle Road site next to the Sheraton Hotel is sized at 28,309 sq. ft.. There is currently a multi-storey car park on the site. Under the sales terms, the winning bidder will have to provide about 380 public car parking spaces, and is allowed to
build a commercial building with floor area of as much as 339,712 square foot on the site.
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