The project will see vacant land on the banks of the River Clyde in Dalmarnock redeveloped into 120,000 square feet of Grade A office accommodation spread across a new five-storey building. The project is due to complete in October 2014.
The development has been backed by £16m of ‘shovel-ready’ funding from the Scottish government because is expected to act as a catalyst for further regeneration of land surrounding the site and help grow the newly-created ‘national business district’ within Clyde Gateway.
Other projects in the district include a £15m investment to support redevelopment of the former Shawfield industrial estate, the £10m refurbishment of Dalmarnock railway station and the construction of a new pedestrian footbridge over the River Clyde linking Shawfield and Dalmarnock.
Clyde Gateway is Scotland’s largest regeneration scheme and involves a 20-year programme both before and after the 2014 Commonwealth Games in Glasgow.
Morgan Sindall area director Eddie Carr said: “The Clyde Gateway regeneration scheme is an ambitious project and key to the future prosperity of the east end of the city and neighbouring South Lanarkshire. There is a desire for high-quality and well-connected office space in the area and the new development, with its riverside location will no doubt attract further investment to the business district. Morgan Sindall has an excellent reputation for creating quality, sustainable office space and we’re delighted to be working on this high profile project.”
Clyde Gateway chairman Neil McDonald said: "It is the hope of everyone involved in Clyde Gateway that this will be the first of what will become a number of major office blocks flanking the banks of the Clyde in Glasgow and South Lanarkshire over the coming years as we continue to make great strides in the on-going physical, social and economic transformation of our communities."
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