Glasgow Takes Strides Forward With New Commercial Property Development

Posted on 8 June, 2011 by MOVEHUT

A dramatic new commercial property and leisure development is being planned at Broomielaw Quay, a joint venture between Glasgow City Council and Capella Developments.

The lively new restaurant and leisure quarter, which is set to transform Glasgow’s waterfront and create a luxury destination in the heart of the city has taken a huge step forward after plans were lodged with Glasgow City Council.

Once completed, the 32,000sq ft pavilion-style development will house a series of bars, restaurants and cafes adjacent to the city’s International Financial Services District (IFSD) and on the banks of the River Clyde.

The Broomielaw Quay scheme will feature up to nine restaurant, bar and cafe units, along the waterfront to creating a continental-style experience on the north bank of the Clyde.

The new leisure quarter is expected to create up to 150 new jobs and will complement the longer term development aspirations of Glasgow.

Jim Fitzsimons, chief executive of Capella Group, said the submission of plans is major milestone in the evolution of the project. He said: ‘The River Clyde is the heart of the city, but the people of Glasgow and those who come to visit have never had the benefit of a vibrant, accessible and attractive waterfront leisure destination where they can have a coffee or a meal and relax… It’s easy to forget the Clyde is so close to the City Centre. This development will allow people to re-engage with the river and enjoy it the way many other cities throughout Europe have done.

‘With the Commonwealth Games only three years away, we see this scheme acting as a postcard from Glasgow, showcasing it to the rest of the world as a modern, vibrant city.’

‘We also see this development heralding significant economic benefits, channelling around £10 million in direct private sector investment and injecting life into the IFSD both within and without office hours.’

Should planning permission be granted, construction on the commercial property scheme is expected to commence in early 2012, with the development open for business in spring 2013.

 



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