The future of Glasgow’s Merchant City was under discussion at a second public consultation event for one of Glasgow’s most high-profile city centre development project this week (Tuesday October 8th).
Joint developers Drum Property Group and Stamford Property Investments have submitted a Proposal of Application Notice (PAN) to Glasgow City Council for the redevelopment of Candleriggs Square, which lies at the heart of Glasgow’s Merchant City.
Bound by Hutcheson Street, Trongate, Candleriggs and Wilson Street, Candleriggs Square is recognised as one of the most important development projects in the city centre. Having lain derelict for over a decade, the site has an existing planning consent for around 850,000 sq. ft. of residential, student, hotel and commercial space.
Welcoming the continuation of the consultation process, Graeme Bone, Group Managing Director of Drum Property Group, said: “There has been a lot of interest so far in the plans, with much positivity about our vision to transform what has become a neglected part of the city centre. We are now showcasing a variety of approaches to inspire the transformation of the site into a vibrant mixed-use community, which is set to complete the regeneration of Glasgow’s Merchant City.
“Our intention is to improve on the existing planning consents by making the development more accessible, welcoming and exciting for people living, working and visiting the area. Our plans will bring together high-quality housing, hotels, local amenities and open spaces with new pedestrian links throughout the site.”
Uri Goldberg, Managing Director of Stamford Property Investments added: “Candleriggs Square offers an unprecedented regeneration opportunity for both the Merchant City and Glasgow city centre. We are committed to working in partnership with local people, groups and organisations throughout all stages of the development and we look forward to hearing their views at the forthcoming consultation event.”