Planning consent has been granted for Washington Exchange, a brand new £100m development in Broomielaw.
Investors Scottish Enterprise and Marlebone have joined forces
to build the large-scale development in the heart of the IFSD. The
building could house a combination of offices, leisure facilities,
new homes and possibly a hotel.
It is hoped that, once complete, the project could support 3000
jobs and expand investment opportunities in Glasgow's business
quarter.
Tom Turley, Assistant Executive Director, Development and
Regeneration Services, Glasgow City Council said, "The City Council
welcomes this latest city centre waterfront offering and believes
that the joint marketing approach of both unique sites will result
in an outstanding development opportunity for the IFSD".
Marlebone Ltd and Scottish Enterprise are jointly promoting this
substantial highly visible riverfront site to major users and
occupiers on a pre-let basis.
Comprising half an entire city block , the subject property lies
just to the east of the M8, Kingston Bridge and south of Argyle
Street, one of the city's main access roads from the Clydeside
Expressway. With approximately 70 metres of river frontage onto the
Broomielaw, the site is bounded by Washington Street, the
Broomielaw and McAlpine Street.
Development is also planned on the neighbouring cleared
development sites and this offers up the potential for phased
development with altered public street layouts.