Planning consent for Washington Exchange

18 Nov 2013

Planning consent has been granted for Washington Exchange, a brand new £100m development in Broomielaw.

Investors Scottish Enterprise and Marlebone have joined forces to build the large-scale development in the heart of the IFSD. The building could house a combination of offices, leisure facilities, new homes and possibly a hotel.

It is hoped that, once complete, the project could support 3000 jobs and expand investment opportunities in Glasgow's business quarter.

Tom Turley, Assistant Executive Director, Development and Regeneration Services, Glasgow City Council said, "The City Council welcomes this latest city centre waterfront offering and believes that the joint marketing approach of both unique sites will result in an outstanding development opportunity for the IFSD".

Marlebone Ltd and Scottish Enterprise are jointly promoting this substantial highly visible riverfront site to major users and occupiers on a pre-let basis.

Comprising half an entire city block , the subject property lies just to the east of the M8, Kingston Bridge and south of Argyle Street, one of the city's main access roads from the Clydeside Expressway. With approximately 70 metres of river frontage onto the Broomielaw, the site is bounded by Washington Street, the Broomielaw and McAlpine Street.

Development is also planned on the neighbouring cleared development sites and this offers up the potential for phased development with altered public street layouts.