14 bidders for Ocean Park first hotel

14 bidders for Ocean Park first hotel

Ocean Park’s tender for the development and operation of its first hotel has received keen interest from developers with over a dozen expressions of interest received so far.

The theme park company’s chairman Allan Zeman confirmed Monday that it had received 14 expressions of interest, according to a report in Sing Tao Daily.

Bidders have until 8 April to submit their tenders.

Ocean Park hopes to get its first hotel Ocean Hotel up and running in 2016   (Danny Chung)

Ocean Park hopes to get its first hotel Ocean Hotel up and running in 2016 (Danny Chung)

According to the tender briefing, Ocean Park is proposing to build the 495 room Ocean Hotel on a 17,044 square metre site (183,462 square feet) near its New Entry Plaza with completion set for 2016.

Apart from the technical submissions, bidders are required to state their estimate of the sum for the land premium to be paid to the government to permit hotel development at Ocean Park.

The hotel will be developed under the build-operate-transfer arrangement.

Zeman said the theme park will implement plans for a second hotel once legislative approval has been obtained for a government loan to build a new attraction, Water World, at Tai Shue Wan.

In his budget last month, Financial Secretary John Tsang Chun-wah said the government would be providing a loan of HK$2.3 billion to fund the construction of Water World.

Zeman said the second hotel, the Fisherman’s Wharf Hotel with about 450 rooms, would be located within Water World.

The MTRC (0066) is currently building the South Island Line from Admiralty to South Horizons at Aberdeen with a station to be built at Ocean Park.

The Town Planning Board granted planning permission for the development of three hotels, Ocean Hotel, Fisherman’s Wharf Hotel and Spa Hotel in December 2008.

According to the details of the planning permission, Ocean Hotel and Spa Hotel would not exceed eight storeys height while Fisherman’s Wharf Hotel would not exceed 14 storeys.

Ocean Hotel will have a total floor area not exceeding 40,490 square metres (435,834 square feet).

This is the second time Ocean Park has called tenders for a hotel.

The first tender in 2011 flopped after developers were scared off by the land premium demanded by the government.

Danny Chung

 

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