The proposals – first announced in March this year – are being brought forward by the global real estate management company CA Ventures.

More than 400 apartments are proposed for the current car park site, together with commercial units on the ground floor to maintain activity at street level and serve the growing neighbourhood. Members of the public will be able to view the refined proposals for the derelict site at a public exhibition on Wednesday 10 May at Box Hub (50 Washington Street, Glasgow G3 8AZ) between 3-7pm. The exhibition boards will also be available on the project website following the exhibition.

The event follows on from an initial public exhibition, which set out the principle of the proposals, held on Wednesday 22 March 2023.

A spokesperson for CA Ventures said: “We are pleased to be bringing forward our proposals to create a high-quality new landmark building in Glasgow’s city centre following our initial round of consultation in March.

“The feedback we have received to date has been invaluable and our upcoming second event serves an opportunity for us to respond to comments provided.

“Serving as a gateway into the city centre, we are really excited about delivering this investment in Glasgow, providing quality homes for hundreds of residents in the city centre and contributing to the transformation of the Broomielaw district into a thriving and dynamic neighbourhood.

“Members of the local community and other interested parties are encouraged to attend our second event and we look forward to hearing their thoughts on the updated proposals.”

A proposal of application notice was submitted to Glasgow City Council for the project in March 2023, signalling the start of a 12-week consultation process on the proposals.

If approved, the development would be the second development delivered in Glasgow by CA Ventures which recently opened a 422-bed purpose-built student accommodation development on Cathedral Street.