GRAHAM secures £100m Glasgow riverside build-to-rent project
Contractor GRAHAM has secured a key Glasgow residential build to rent project on the banks of the Clyde on behalf of developer PLATFORM_.
The 498-apartment development consists of four blocks of varying height, including a 20-storey tower, on a landmark riverside site close to the city centre which has lain vacant since the departure of the Daily Record newspaper in 2000.
Detailed planning permission was granted for the £100 million project in January 2019.
GRAHAM is currently onsite for enabling and the site is scheduled to complete in 2023.
Resident facilities include a rooftop garden, lounges, games rooms, gym, cycle club & café, roof terraces, and a co-working commercial area with cafe.
Gary Holmes, regional managing director for GRAHAM’s Building division, said: “Private rental developments are again increasing in popularity across the UK, feeding a growing appetite of those people who want flexible, sociable and cost-effective living, and this project further bolsters our strong position in the residential sector. The facilities we are constructing for PLATFORM_ will provide high quality apartments, incorporating the full range of lifestyle and amenity facilities which today’s urban professional renters expect.”
Matt Willcock, development director at PLATFORM_, added: “We’re looking forward to launching PLATFORM_ Glasgow. The building will not only help redevelop the local area but will provide much needed housing to cope with high demand. BTR is a new, upward trend that offers high-quality rented accommodation at competitive prices for a wide-ranging demographic.”