Development at Broomielaw could mean 2000 new jobs

13 Oct 2011

A £100m waterfront development at the Broomielaw will create up to 2000 new jobs in the heart of Glasgow's financial district.

Glasgow's waterfront is set for another multi-million-pound development which will bring up to 2000 new jobs, offices, shops and luxury flats to the city's Broomielaw.

Property investors have been given the go-ahead for a £100million development in Glasgow's International Financial Services District - an area known as "Wall Street on the Clyde" .

The blueprint by leading investors Marlebone comes as a double boost for IFSD chiefs, following news last month of plans for Central Quay.

Now Marlebone has been given planning approval by the city council to build 250,000sqft of quality office accommodation, 20,000sqft of retail units, and 25 luxury apartments in Washington Street, just of the Broomielaw.

Officials say that as well as creating hundreds of jobs, the move could also bring other construction schemes to the riverside area.

Marlebone's marketing director Patsy Hyslop said: "Approval by the planning committee means we can now get to work on developing the next stage of our proposals and together with Scottish Enterprise and Glasgow City Council we believe we can secure major plc companies and hotels willing to invest in the city.

"We are already in negotiations with some major employers who are very interested in this site and we look forward to starting work to deliver this project for the people of Glasgow.

Source: Evening Times - "Wall St on the Clyde" welcomes 2000 new jobs