Riverside Inverclyde have signed a £3.7m deal with Clydeport's parent company Peel Holdings to carry out vital remedial work on the A-listed Greenock Sugar Warehouse.

The joint venture, funded equally by the two organisations, will result in the Sugar Warehouse, Scotland's largest surviving cast iron and brick industrial building, being made wind and watertight and secured for future planned development. The remedial work starts immediately.

The work is being carried out in partnership with Inverclyde Council and Historic Scotland, who have both been closely involved in the project.

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Riverside Inverclyde Chief Executive Bill Nicol said: "The Sugar Warehouse is an iconic building that has strong cultural and historical links to Inverclyde. We are pleased to be working in close partnership with Peel and Clydeport to carry out a series of stage one works to preserve the building as a key part of the overall proposals for the comprehensive redevelopment of the surrounding James Watt Dock and Garvel Island area."

Specialist architects FSP have been commissioned by Peel Holdings to develop a mixed residential and retail offering at the Sugar Warehouse, considered in the context of the proposals for the wider area. FSP is widely recognised as the leader in its field, and has worked on similar key English waterfront mixed use developments, including Liverpool's Albert Dock, London's West India Quay and Hayle Harbour in Cornwall - all centred round

retained industrial landmark buildings.

(CD/JM)