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07/10/2016

Plans Unveiled For Major Business District In Glasgow

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Plans have been unveiled for a major new satellite business district in Glasgow.

Developer Highbridge Properties is proposing to develop the Magenta business district at the former Shawfield development.

The 1.2 million sq ft park will be located on 27 acres of land next to the River Clyde and is the largest office development with planning consent in Scotland.

It is estimated over 12,000 new jobs will be created in the area by Magenta, which will also support a number of shops, cafés, a gym and a business centre.

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Clyde Gateway has already invested £20m in public realm and infrastructure works at the site to ensure it is ready for development.

Adrian Hill, Director of Highbridge Properties, said: "When I first saw this site it reminded me of London Docklands in the early years – so much potential and so close to the city centre. Magenta is a very compelling option for businesses, boasting superb connectivity, infrastructure and value for money."

Ian Manson, Chief Executive at Clyde Gateway, added: "This is an extremely exciting time for the Clyde Gateway area and I am delighted to have appointed Highbridge as our commercial development partner – a company with a fantastic track record in delivering high quality business parks.

"Magenta will give the local economy and employment market a phenomenal boost. It will also attract new inward investment to Scotland and stimulate economic growth."

(LM/JP)

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