Plans unveiled for £75M Glasgow redevelopment

WCN Editorial Team 5 Sep 2016 EUROPE BUILDINGS

Property investor Formal Investments has unveiled plans for a new £75M redevelopment in Glasgow, Scotland.

Plans include the construction of a new 12-storey block on Bath Street to include 12,000sq m of office space, the remodelling of a second building that previously housed retailer BHS, and upgrades to a third building on Sauchiehall Street.

The properties were acquired by Formal Investments last year.

Formal Investments’ director Nicholas King said: “This proposal shows a really exciting vision for an important site in Glasgow city centre and will provide the highest quality environments for retailers and businesses large and small.”

The project has been designed by Glasgow practice Stallan-Brand.

Stallan-Brand associate Patrick Wilson said: “Formal Investment’s proposed redevelopment presents a unique opportunity to revitalise and transform the quality of the urban environment and public realm in this location, through the creation of new public spaces and improved and more appropriate mixed-use activity.”

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



World Construction Network | is a product of GlobalData. Copyright © 2020 GlobalData. All rights reserved.