Gleeds selected for £75M commercial redevelopment in Glasgow

WCN Editorial Team 14 Jul 2016 EUROPE BUILDINGS

UK-based property and construction consultancy Gleeds has been selected as project and cost manager on Formal Investments’ £75M commercial redevelopment in Glasgow, Scotland.

The proposed development will include a 12-storey new building, incorporating 12,000sq m of Grade A office space on Bath Street, as well as the remodelling and refurbishment of a second building, formerly home to retailer BHS.

Furthermore, a third premises located on Sauchiehall Street will be refurbished to include a total area of 22,000sq m.

The former BHS site will be knocked down to make way for the new building, with the remaining construction set to include about 7,000sq m of office space above the existing retail offering.

Under the contract, Gleeds will provide assistance in appointing additional consultants and managing the entire programme of works, once planning permissions for the project have been received.

Gleeds’ director for Glasgow Brian Stevenson said: “I am delighted to be working with Formal Investments on yet another large-scale city centre development.

“This scheme has the potential to completely transform both the commercial and public realms of this part of Glasgow and represents a fantastic opportunity for business across the board.”

Subject to necessary approvals, work is anticipated to commence in mid-2017.

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