Construction and regeneration group Morgan Sindall has secured a £24m contract to build a new office facility in Dalmarnock, Glasgow.

The new waterfront build is part of the Clyde Gateway Regeneration Project.

The project will see vacant land on the banks of the River Clyde redeveloped into 120,000 sq ft of Grade 'A' office accommodation, spread across a five-storey building.

The new development will provide space for approximately 900 people, as well as create 200 car parking spaces.

Having received £16m of 'shovel-ready' funding from the Scottish Government, it is hoped the office will act as a catalyst for further regeneration of land surrounding the site and help to grow the new National Business District within Clyde Gateway.

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Other projects in the business district include:

•A £15m investment to facilitate and support development on the site of the former Shawfield Industrial Estate

•A £10m refurbishment of Dalmarnock Station and the construction of a new pedestrian footbridge over the River Clyde, linking Shawfield and Dalmarnock.

Clyde Gateway is Scotland's largest regeneration scheme and involves a 20-year programme in advance of – and beyond – the 2014 Commonwealth Games set to take place in the city.

Eddie Carr, Area Director at Morgan Sindall, said: "The Clyde Gateway regeneration scheme is an ambitious project and key to the future prosperity of the east end of the city and neighbouring South Lanarkshire.

"There is a desire for high-quality and well-connected office space in the area and the new development, with its riverside location will no doubt attract further investment to the business district."

Neil McDonald, Chair of Clyde Gateway, added: "These offices will be built to the highest possible standards and such a fantastic waterfront location, with superb links to the motorway network and to an extensive public transport system, is certain to generate a huge interest and attract a significant and influential tenant."

The project is expected to be completed in October 2014.

(JP)