Complex sentence: The station will serve a residential project called Lohas Park (formerly called Dream City) located at Area 86; the first tenders for the construction of Phase 1 of the project were completed in January 2005.
Split into simpler sentences: The station will serve a residential project called Lohas Park (formerly called Dream City) located at Area 86. The first tenders for the construction of Phase 1 of the project were completed in January 2005.