Updated: Dec 13, 2019
Carrick Square to extend Glasgow financial district skyline
Plans for a major new office development in Glasgow’s International Financial Services District have been given the green light by planners.
The 290,000 sq ft Carrick Square project, which is being developed by London-based property firm Soller, has secured ‘planning in principle’ approval.
The site is on land currently used as a car park between Carrick Street and Brown Street, close to Atlantic Quay where the Montrose Bar once stood.
Arranged over 14 floors above basement parking, the development will include south facing terraces to maximise views and light.
Nick Treadaway, founder and chief executive of Soller, said: “We are delighted to have secured planning in principle approval for this site, which further strengthens our presence in the desirable Glasgow office market. This exciting development will surpass the aspirations of the modern office occupier.”
The application was put forward by Glasgow-based Mosaic Architecture + Design.
Soller acquired the site in December last year.
Both Glasgow and Edinburgh are suffering a severe shortage of Grade A office space.
Earlier this year a report by CBRE said that Grade A office supply in Glasgow was “critically low” and that the pipeline of new developments was very tight.
Other developments which Soller is involved in north of the Border include a multi-million development in Dunblane Street in Glasgow for the Royal Conservatoire of Scotland.
The facility will offer state-of-the-art accommodation designed specifically for performing arts students with bespoke sound-proofed practice and rehearsal spaces, a cinema and social and living spaces.
Original Press - Insider
Date - 14.06.2019