The final phase of a significant £110m masterplan project has been granted planning permission, revitalising an important area of the City centre and supporting its economic recovery.
The 110,000 sq ft Broadway Central office development is an integral part of a major investment by leading property developer MRP, which has already seen construction commence on a 300 bed 4-star Maldron hotel.
Located between Tesco Banks HQ and the new Maldron Hotel, Broadway Central will comprise of 10 floors with panoramic views across the City centre. Also included is a rooftop terrace and a new landscaped public realm area and garden for use by both occupiers and the general public. It will provide an outstanding new workspace for productivity, creativity and wellbeing.
Letting and development advice is being provided by Ryden and CBRE.
This is the first speculative office to be granted permission under the innovative energy efficient Glasgow City Planning Policy CDP 5.
Angus Monteith, Development Director at MRP, said: “It is great news for Glasgow that the Council has supported our plans and we look forward to progressing this ‘best in class’ development. This investment is just another step in our commitment to the city which will support its economic recovery. The office building completes the development and will sit alongside our 4-star Maldron Hotel which is currently under construction and due for completion summer 2021. At a combined £110m the two sites represent a significant and important investment in Glasgow.”