The masterplan for Central Quay, a seven-acre site on the western edge of Glasgow city centre, also includes over 300,000 sq. ft. of offices, a 150-bed hotel, food and retail units and an extensive public realm.

Central Quay is prominent from the Kingston Bridge and has been a brownfield site for several years. It is bounded by Anderston Station and the river Clyde and is owned and managed by Harbert Management Corporation (Europe) LLC and XLB Property. Both are advised by GVA and CBRE and the masterplan was designed by architects Keppie Design.

Tony Lawson of XLB said: “Central Quay is a significant site and its regeneration is long overdue. It will now provide a major new mixed-use quarter to the western edge of Glasgow City Centre close to the SSE Hydro, Scottish Exhibition Centre and major transport hubs.

“The masterplan is designed around a vibrant high-quality environment, providing new homes and offices plus supporting amenities. Harbert Management Corporation (Europe) LLC and XLB Property are in discussions with a major PRS developer to ‘pump prime’ the waterfront site. The first phase of development is expected to commence towards the end of 2018.”