Keepmoat Homes selected for £250m Sighthill regeneration scheme in Scotland

WCN Editorial Team 18 Oct 2017 EUROPE BUILDINGS

Keepmoat Homes, a UK-based house-building company, has been selected as the preferred bidder by Glasgow City Council for the £250m regeneration of a Glasgow housing estate.

The development will feature 826 new homes, including 628 for sale, 198 for mid-market rent, as well as retail units and a commercial development.

The New mid-market rent homes will be built by Glasgow Housing Association (GHA) which will be offered for rent and managed by GHA's partners in Wheatley Group, Lowther Homes.

The private homes, retail unit and commercial development will be delivered through a development agreement between Keepmoat Homes and Glasgow City Council.

Once completed, the regeneration of Sighthill will provide nearly 1,000 (141 new GHA homes are already built and occupied) homes for sale and rent; a community school campus; a footbridge across the M8; a road bridge across the railway to link Sighthill and Port Dundas; and improved parkland throughout the area.

Councillor Kenny McLean, City Convener for Neighbourhoods, Housing and Public Realm, said: "This is a historic day for Sighthill and Glasgow.  The appointment of Keepmoat Homes as our preferred developer to deliver new homes, shops and a commercial development in Sighthill marks the next step for the regeneration of Sighthill.”

Wheatley Group director of property and development Tom Barclay said: "The new mid-market development helps us increase the supply of much-needed affordable homes in the city and will be a key part in the transformation of the area.

“It's an exciting time for Sighthill and we'll be working closely with the local community and our partners at the city council and the Scottish Government as the plans progress."

With 11 websites and newsletters covering all the key areas within the construction industry, World Construction Industry Network is the leading global construction information resource. READ ABOUT US
PRIVACY POLICY

STAY IN TOUCH!

LATEST TWEETS

World Construction Network | www.worldconstructionnetwork.com is a product of GlobalData. Copyright © 2022 GlobalData. All rights reserved.