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16/08/2018

Major Milestone Reached On Glasgow Quay Development

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A £30 million development project at Glasgow's Pacific Quay has reached a major milestone with the submission of a planning application.

Drum Property Group's application, in collaboration with Scottish Enterprise, involves developing a 7.5-acre site at Pacific Drive into a mixed-use area.

Plans include 20,000 sq ft of Grade A office space, 60 residential homes and apartments, café and restaurants units as well as a new £10 million urban whisky distillery, bottling plant and visitor centre operated by Douglas Laing & Co.

The new development will sit alongside the Canting Basin of the former Prince's Dock, providing a natural centrepiece for the wider Pacific Quay area. Future phases planned by Drum will see additional business space and amenities being developed, delivering a £67 million project by completion.

Welcoming the new planning application, Graeme Bone, Group Managing Director of Drum said: "This is a hugely important planning application for Pacific Quay, which has seen unprecedented growth during the last decade and is now rightly regarded as Scotland's most important location for broadcasting, media and creative industries.
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"Our proposals combine high quality residential and office development with a café culture, bringing amenities to an area which currently lacks facilities and services and is seldom occupied after 5pm. We want this to be a vibrant social quarter which will be visited, occupied and enjoyed during the day, evening and night creating a genuine sense of identity and excitement both within and outside of the workplace.

"We now have the opportunity to realise the ambition of Scottish Enterprise to deliver an attractive and vibrant destination in the very heart of Pacific Quay, bringing a site which has lain empty for more than 30 years back to life."

Scottish Enterprise acquired the wider Pacific Quay area in 1991 and has been instrumental in bringing together a wide range of investment partners to progress the development. Allan McQuade, Business Infrastructure Director at Scottish Enterprise, added: "This project represents an exciting opportunity to create an outstanding development at a key strategic site for Glasgow, bringing new opportunities for economic growth to the city and more widely across Scotland.

"This is one of the key remaining waterfront sites to be developed in Glasgow, and follows hot-on-the-heels of Barclay's announcement to develop a new state-of-the-art campus at Drum's Buchanan Wharf site, south of the Clyde. We look forward to working with Drum and other occupiers in the area to realise our ambitious vision for Pacific Quay."

(CM/MH)

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