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24/01/2012

Red Tree Rutherglen Boosts Employment

The Red Tree Business Suites at Stonelaw Road, Rutherglen, which were officially opened in July 2011, have proven to be an instant success.

Nine of the eleven suites are now occupied, providing employment for forty-one people.

The rate of occupancy and the number of jobs is well ahead of the expectations, a situation that has delighted Ian Manson, Chief Executive of Clyde Gateway, who said: "Red Tree Rutherglen was a project designed to provide stylish and affordable high quality office space in the heart of the burgh and also to bring the former Housing Office on Stonelaw Road back into economic use.

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"When we put the business plan to our Board for its approval we indicated that it could take up to three years to begin to see a significant proportion of the building to be let and four years before full occupancy. It is hugely encouraging that after only six months so many suites have been snapped up with businesses showing a huge keeness to locate in Rutherglen."

All nine of the companies within the Stonelaw Road offices are new to Rutherglen having moved and in most cases expanded from previous premises in Glasgow and other parts of Lanarkshire.

(GK)

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