Advertisement

Clyde Gateway unveils £500m regeneration plan for Glasgow

The project aims to transform over 100 hectares in both Glasgow and South Lanarkshire.

Clyde Gateway, an urban regeneration company, announced the plans at this year’s UKREiiF. The idea is to help create jobs, support businesses and boost sustainable energy within the two areas of Scotland.

Otherwise known as the ‘Clyde Gateway Innovation’, the plan includes a new 130 bed hotel near Dalmarnock Station and Celtic Park, joining a previously proposed 150 bed hotel on the site of disused greyhound racing track Shawfield Stadium.

What’s more, an anchor building called the Innovation Central building is included in the plans which will be home to a gym, café and event space.

According to the scheme, the land earmarked for development equates to the size of 30 football pitches, and would be converted into a ‘dynamic, mixed-use ecosystem’ that would have direct access to green infrastructure on the river Clyde corridor.

While Scottish Enterprise and local authorities have pledged their support for the plans, Clyde Gateway have confirmed they will also seek private investment to accelerate their scheme.

On the subject of support, South Lanarkshire Council have granted outline planning consent for the redevelopment of Shawfield in Rutherglen which will see a new hotel and 450 homes built.

Commenting on the news, chief executive of Clyde Gateway, Martin McKay, said: ‘With a focus on high-growth sectors like advanced manufacturing, life sciences and clean energy, this masterplan reflects our ambition to create a place where innovation and community go hand in hand.

‘We’re building a sustainable, scalable ecosystem that will support everything from start-ups and university spinouts to major employers, while continuing to deliver jobs, homes and opportunities for local people.’

Speaking to Newstart at UKREiiF, Martin said that the response him and his team have received since unveiling the masterplan has been ‘incredible’ and that they ‘can’t wait to get started.’

Photo by Artur Kraft

In related news:

Is there an end in sight for water scarcity?

‘Build, build, build’: Angela Rayner delivers UKREiiF’s keynote address

Emily Whitehouse
Writer and journalist for Newstart Magazine, Social Care Today and Air Quality News.
Help us break the news – share your information, opinion or analysis
Back to top