City of Glasgow college have unveiled plans for their two new campuses at Cathedral Street and the riverside and identified a preferred bidder for the project.
The plans for the new buildings at Cathedral Street and the
riverside are designed to cater for around 40,000 students and 1200
members of staff.
Glasgow Learning Quarter (GLQ) is the preferred bidder for City
of Glasgow College's two new £228 million campus developments. The
Reiach and Hall and Michael Laird Architects designed campuses will
be ready in three years time.
The riverside campus is in Clydewaterfront territory and
Cathedral Street is nearby.
The identification of a preferred bidder is a major step forward
in realising the new campus vision and the college is delighted to
have reached this important decision right on schedule.
This investment is publicly and privately financed with funding
support from the Scottish Government via the Scottish Funding
Council (SFC) and from the college's financial reserves. The
European Investment Bank has in principle approved up to £100m of
financing. The campuses have been designed by Reiach and Hall, and
Michael Laird Architects to have student learning at their core.
They represent the single largest estates investment in the college
sector in Scotland and will help transform the city centre
landscape for generations to come.
Construction is planned to start later this year and will act as
an enormous boost to local small and medium enterprises working
within the building sector and related supply chains thanks to the
preferred bidder's commitment to supporting local employment and
training."
The next and final stage of the procurement phase will include
seeking planning permission from Glasgow City Council and
finalising the funding strategy. Once these tasks are complete, the
contract will be awarded and construction will begin on site this
summer.
The project will be funded through the SFC and be supported by
the SFT using the new NPD procurement model, which is a form of
public private partnership.
Source: City of Glasgow College