Savills appointed as University of Glasgow development advisor
The University of Glasgow has appointed Savills as its strategic investment and development advisor on a new five year contract.
The instruction will see the transformation of the existing 70 acre (28 hectare) campus in the west end of Glasgow into a world class teaching and learning hub.
The first phase of the regeneration project will focus on the 14 acre (6 hectare) site of the former Western Infirmary, recently acquired by the University.
Planning has been submitted for 699,689 sq ft (65,000 sq m) of academic and teaching accommodation, a 183,000 sq ft (17,000 sq m) research building, 193,800 sq ft (18,000 sq m) of offices, 75,350 sq ft (7,000 sq m) of retail / leisure space, a 134,600 sq ft (12,500 sq m) hotel and 156,100 sq ft (14,500 sq m) of residential to ultimately deliver a new urban quarter for Glasgow.
Bruce Patrick, investment director at Savills Glasgow, said: “This is by far one of the most exciting and ambitious regeneration projects ever seen in Scotland that will transform the West End of Glasgow and secure the ongoing world class performance of the University.”
Ann Allen, director of estates and buildings at the University of Glasgow, added: “The development of the University’s Gilmorehill Campus is a major investment, not just for the benefit of the University but also for the wider community. We are delighted to continue to move the project forward with this appointment.”