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Friday, January 20, 2024

150 Million Pacific Quay scheme gets go ahead

A new era for Glasgow's Pacific Quay has been signalled with Glasgow City Council's approval of a 150 million masterplan which will redevelop the former Glasgow Garden Festival site along the south bank of the River Clyde.

The masterplan, which was submitted by Pacific Quay Developments Ltd and designed by Glasgow based Parr Architects, could see as many as 5,000 jobs created, and combines 500,000 sq ft of high quality office space as well as some 300 homes and a 150-bed hotel on the 800,000 sq ft site. Pacific Quay Developments Ltd is represented by Jones Lang LaSalle and CB Richard Ellis.

There are also plans to re-landscape the 10-acre Festival Park, the last remnant of the Garden Festival site, making it an integral part of the new development and creating an accessible link to the Govan and Kinning Park areas of Glasgow.
Pacific Quay Developments own some 25 acres of the Pacific Quay site, of which 15 acres will be used within this next development phase.

Director, Alan Somerville, commented: "The consent signals a new era of revitalisation for the whole area, which will result in a greater diversity of jobs and a vibrant community through a wide mix of uses. This will be in keeping with the current tempo of the place set by the range of high profile companies which are now making Pacific Quay their home such as the BBC and Scottish TV.

"The former Garden Festival site has had many incarnations and the masterplan approval now signifies a new coming of age for the area, which I believe will help open access to the riverfront and make Govan an integral part of the city. We anticipate that the planning application will move forward this summer, with construction of offices and the hotel scheduled to commence at the end of this year.

"The opening of the new 20 million Finnieston bridge this summer will also be a significant milestone in the regeneration of the Pacific Quay area, playing a major role in the revitalisation of Glasgow's Clydeside and act as the gateway to the new project, opening up the entire area to new development and investment opportunities. We aim to ensure that the development fuses seamlessly with the local communities of Govan and Kinning Park and the project will involve community groups as it moves forward."

The approved masterplan is designed to provide the framework for a mixed development for the area - combining high quality offices, residential accommodation, retail and leisure facilities. Offices will form the largest component of the scheme with all having dedicated parking spaces. Each office site is designed to be flexible and capable to responding to market demands. Buildings will range from 50,000 to 110,000 sq ft and will vary from three to eight storeys.

A wide, tree-lined boulevard, supported by water features, will run through the centre of the development providing an accessible north to south link. Most of the housing, mixing family accommodation and city-style apartments, will be located to the south of the development, bordering Festival Park. The park will itself be redeveloped and landscaped to create an accessible and attractive 10-acre green space.