Gleeds appointed to major Glasgow city-centre development
Friday 8 July 2016
International property and construction consultancy, Gleeds, has been appointed as project manager and cost manager on Formal Investments’ £75 million commercial redevelopment in the centre of Glasgow.
Plans for the urban block include the provision of a 12-storey new build element, incorporating 130,000 sq ft of Grade A office space on Bath Street, as well as the remodelling and refurbishment of a second building, formerly home to retailer BHS. Improvements to a third premises located on Sauchiehall Street will take the total area covered to 240,000 sq ft.
A portion of the BHS site has been tabled for demolition to make way for the new building, with the remaining construction set to house around 80,000 sq ft of office space above the existing retail offering. Interiors will be carefully designed to complement the contemporary exterior which will have an industrial feel, featuring elements of exposed brickwork.
Gleeds will be responsible for assisting with the appointment of additional consultants as well as managing the entire programme of works, once planning permissions for the comprehensive scheme have been received.
Commenting on the appointment, Gleeds’ director for Glasgow, Brian Stevenson, said; “I am delighted to be working with Formal Investments on yet another large-scale city centre development. This scheme has the potential to completely transform both the commercial and public realms of this part of Glasgow and represents a fantastic opportunity for business across the board.”
Pending the appropriate approvals, work is expected to begin in the summer of 2017.