Opportunity

Glasgow: Clyde Gateway


Key Sectors: Commercial/office, Industrial and manufacturing, Retail & leisure, Urban Residential

OVERVIEW

Clyde Gateway has a 20 year programme of investment across the East End of Glasgow and South Lanarkshire. Immediate and longer term opportunities are available.

Just five minutes east of the centre of Glasgow by train, the Clyde Gateway area has benefited from £1.5 billion (€1.68 billion) investment to date with over 100,000 square metres of award-winning business space now completed and 3,000 new homes. The area’s accessibility by walking, cycling, road and rail is already proving a major draw to investors, businesses and residents. The legacy of the investment associated with the 2014 Commonwealth Games means the area is now home to the outstanding sporting facilities of the Emirates Arena and Sir Chris Hoy Velodrome as well as Celtic Football Club’s 60,000 seat stadium all within a 5 minute walk of the newly upgraded Dalmarnock station. Whilst economic activity across all sectors is flourishing, the accessibility, existing skills base and cost/supply of property means that the area is likely to prove of particular interest to the following key sectors:

  • Financial services/Business process outsourcing
  • Energy/low carbon
  • Creative & Digital Media
  • Manufacturing/engineering
  • Tourism and events
DEVELOPMENT AND INVESTMENT OPPORTUNITIES
  • Clyde Gateway offers a range of potential short, medium and longer term investment opportunities across all sectors including commercial, residential and hotel. Current opportunities are centred on the areas served by the Dalmarnock train station at the heart of Clyde Gateway.
  • Dalmarnock – Adjacent to the station and the new road, the area is already home to Police Scotland’s new £22 million administrative HQ and significant new residential development is underway. Opportunities exist for significant scale mixed use development including:
  • 9,900m² (106,500ft²) HQ office and 6,960m² (75,000ft²) of light industrial space (fully consented)
  • 120 bed hotel
  • 10,000m² (107,500ft²) riverside development opportunity
  • Circa 350 residential units
  • 3,800m² (41,190ft²) Purifier Studios Creative Workspace
  • Supporting local retail facilities
  • Magenta – With planning consent for over 110,000m² Magenta Office Park is Glasgow’s newest international business park location. Over £20 million (€22.4 million) public funding has been invested so far in site preparation and the first 3,250m² building Red Tree Magenta is now complete and fully occupied.

A Partnership with Highbridge Properties Plc Magenta offers the opportunity for £200 million (€235 million) investment – investor, equity, co-development, development funder, and construction partners with additional investment opportunities in the wider area.

magentapark.co.uk

CONTACT

Martin McKay
Executive Director of Regeneration, Clyde Gateway 
T: +44 (0) 141 276 0758
E: martin.mckay@clydegateway.com

QUICK FACTS

£1.5bn invested to date

3 upgraded rail stations

Home to the new Emirates Arena and Sir Chris Hoy Velodrome

Award winning public realm, infrastructure and commercial property in place

6.000 new jobs attracted to the area

www.clydegateway.com

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