Top award for Braehead

22 May 2008

by Jonathan Rennie Evening Times

THE area set to become home to one of Porsche's biggest dealerships has picked up a prestigious business award.

Braehead and Renfrew Riverside has received the Mixed-Use Development of the Year title in the 2008 Scottish Property Awards.

The area, which is already home to the Braehead Shopping Centre, Ikea, Xscape and Glasgow Audi, received the award for its mix of retail, leisure, business, community and residential facilities.

Richard Cable, development director with Capital Shopping Centres, owners of Braehead and the lead partner in the regeneration of Renfrew Riverside, said: "Winning is a reflection of many years of hard work by everyone involved with Braehead and Renfrew Riverside.

"We are proud to have played a lead role in the regeneration of a key stretch of the River Clyde and look forward to bringing more investment to the area."

Planning for the first phase of development at Braehead began nearly 20 years ago with the shopping centre, which now attracts more than 20million visitors a year.

The centre is widely regarded as a leading example of "retail-led, mixed-use regeneration".

More than £600million has been invested by the private sector at Braehead and Renfrew Riverside, generating 4300 jobs on-site.

The area also has a seven-acre public park and residential projects are under way by various developers which will become home to more than 4500 people on completion.

The latest coup for the area is the arrival of Porsche.

The German marque has decided to locate there from its current Glasgow operation in Bearsden.

The new dealership, currently under construction and set to open in 2009, will be 31,624 sq ft and will include a curved glass frontage, extensive showroom, offices and workshop facilities.

It will be one of Porsche's biggest centres in Britain and one of only three dealerships in Scotland.

Initially the project will create 30 jobs, though this is projected to expand by 50% within five years due to the facility becoming Porsche's main regional centre, bringing additional executive and support staff.

Porsche hope to emulate the success Audi has enjoyed since opening its £15m venue at Braehead almost three years ago. Its HQ houses sales and service space with a test track, restaurant, museum and conference facilities.

Reproduced with the permission of The Evening Times(Glasgow) © Newsquest (Herald & Times) Ltd.

 

  • Aerial view of the Braehead area