Market Leads & Opportunities
£5.5m city homes and leisure plan for derelict Glasgow site
A new housing development is planned for a Glasgow brownfield site which has been lying derelict for years.According to the Evening Times, the scheme could include hundreds of individually designed homes and flats, shops, a pub, restaurant, a hotel, leisure uses and open space.Bigg Regeneration, a partnership between Scottish Canals and Igloo Regeneration Fund, has asked city planners to agree the principle of developing the area.The site, known as 100 Acre Hill, is on the northern edge of the city centre at the heart of the north Canal area.It was most recently occupied by a distillery complex owned by Diageo but has been vacant since 2010.The outline planning application does not contain details of what is planned but a report to councillors says a valuation has been carried out based on almost 700 homes.The report says the site is regarded as an important area with the potential to connect the city centre with Possilpark and the regeneration area at Sighthill.As a result of previous uses, the land for the development is contaminated and must be cleared before any work can be started.However more than £5.5 million of City Deal funding is being awarded to Bigg Regeneration to undertake the necessary work and overcome barriers to development.An attempt was made to sell the site for business or industrial use but there were no offers with only the regeneration company making a serious proposal.
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