Regeneration specialist, Summix Capital, has been given the green light to deliver a low-carbon mixed-use development at Central Quay in Glasgow by councillors on the Planning Applications Committee (Tuesday18th June).
The granting of planning permission, subject to conditions, for this major urban renewal project, continues the regeneration of the Clyde riverside.
Adjacent to the existing high-quality office building at 2 Central Quay, this brownfield-site development will include residential, purpose-built student accommodation (PBSA), and commercial uses (including food /drink and retail uses), with associated landscaping / public realm, parking and access to a range of sustainable travel options.
Ideally located between the city centre and the west end at Anderston, the sustainable, low-carbon mixed-use development, is immediately adjacent to Finnieston, one of Glasgow’s fastest-growing neighbourhoods.
Boasting excellent transport links, the development continues the significant transformation of this location from vacant, derelict former industrial land, to one which will create a new residential neighbourhood, assisting in tackling the Council’s declared housing emergency.
Central Quay will provide four building blocks, comprising a range of uses that will deliver a truly mixed community. This includes 409 private-for-sale (PFS) units, a 934-bed PBSA building, and retail/commercial space.
The design of the new neighbourhood is aiming to meet recognised net zero carbon standards in operation. It includes features to reduce embodied carbon through its choice of materials, plus extensive use of renewable energy, such as air source heat pumps and solar PV, as well as sustainable urban drainage.
Biodiversity will be enhanced through new planting, including increased tree planting, with high-quality green spaces and open spaces, benefiting both new residents and the wider community. It will also include roof gardens, children’s play areas and a new public plaza.
Delivering £7.7 million of resident and visitor expenditure annually on goods and services, it is estimated that the development will support 115 jobs, with around 650 jobs directly created per annum in the construction of the overall scheme.
The site already benefits from planning permission in principle for a mixed-use development. This includes offices, residential, hotel, and associated ground floor commercial uses with access, parking, landscaping and associated works.
Stuart Black, Development Director for Summix Capital, said:
“We are delighted to have received planning permission for this exciting low-carbon development.
“This truly mixed-use scheme represents a significant investment in Glasgow, assisting in tackling the housing emergency through providing much-needed housing and best-in-class student accommodation, as well as commercial space.
“The development of the brownfield site will continue the significant transformation of this location from vacant, derelict former industrial land, to one which will create a new residential neighbourhood.
“We look forward to continue working with the local community and the Council as we progress the delivery of this.”
Project Team:
Architects: 3Dreid, Graeme Nicholls Architects
Landscape: Re-form
Planning consultants: Turley
Project Management: Arcadis
ENDS
Notes to Editors
About Summix Capital
Summix is a regeneration company specialising in development projects across the UK and Ireland. Working with its partners, it has successfully delivered thousands of homes in the UK and Ireland since its foundation in 2006.
It works closely with sector specialists across the property space, unlocking the sites it needs, including those that are harder to develop, and helping speed up what can often be a long process from conception to delivery. This ensures that housing, student accommodation and mixed-use schemes are delivered where they are most needed.
Its vision for regeneration involves taking on the most challenging sites, ranging from vacant possession to dormant, dilapidated structures and developing a viable plan for their redevelopment and repurposing. At a time when the demand for housing far outstrips supply, a steady flow of land is essential and efforts to create new communities with minimal impact on the environment and positive benefits for existing and new communities are driven with an awareness that to deliver environmentally sustainable homes we need to create socially and economically sustainable places.
Further information about Summix is available at: https://summix.com/