Page 166 - 捷運技術 第60期
P. 166

Journal of Rapid Transit System and Technology No.60
            pp. 155-175, 2025                                 DOI 10.29670/JRTST.202510_(60).0008




            Received May 16, 2025, accepted July 02, 2025, date of publication October 31, 2025



             The Solicitation Process and Outcomes


             of the Land Development Project for the Wanda

              Line Jincheng Depot and Juguang Station / Kalah
                                           Station (M9)




            EASON LEE , CJ TSAI , SINGING LIN  3
                                 2
                        1
            1  Cushman & Wakefield Limited ,Taiwan
            2  Cushman & Wakefield Limited ,Taiwan
            3  Cushman & Wakefield Limited ,Taiwan


                                              ABSTRACT


            This study investigates the MRT joint development project involving the Jincheng
            Depot and Juguang/Kalah Station (M9) on the Wanda Line. It focuses on the
            rationale, implementation process, and outcomes of Taipei City Government’s first
            attempt to adopt a combined solicitation model that integrates sites across different
            administrative districts and of varying scales. Faced with challenges such as the
            disparity in site conditions and the difficulty of marketing small plots, the project
            strategically bundled a large-scale site with high development potential and a
            smaller, irregular-shaped site into a single solicitation case, successfully attracting
            qualified developers.
            Using a qualitative case study approach, the research draws on official documents,
            meeting records, and anonymized industry interviews to analyze the design of the
            solicitation mechanism, investor responses, and market participation. The findings
            indicate that the combined tendering model not only improved the success rate of
            solicitation but also ensured public interest through contractual safeguards, while
            facilitating cross-jurisdictional coordination in urban development.
            The study concludes with policy recommendations for future MRT joint
            development projects, including the formulation of standard procedures for
            combined solicitations, the enhancement of performance guarantees, and the
            promotion of early-stage market engagement.


            Keywords:  MRT joint development project, combined solicitation, public-private
                        partnership, Wanda Line
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