Market

Residents’ Glasgow Shawlands Arcade revamp concern

UPDATED designs for the new £68 million Shawlands Arcade in Glasgow have been described as “out of context” in the second stage of a consultation.

Plans for the site were first unveiled by the Arcade’s owners Clydebuilt LP, a joint venture between Strathclyde Pension Fund and Scottish property experts Ediston Real Estate, last year.

The developers said initial consultations have shown that almost two thirds of those taking part felt positive or generally positive about the proposed regeneration with hopes for a better retail offering.

However, in the latest consultation, some residents raised concerns.

Geoff Harker posted that “the 16-storey block behind is going to drown out the neighbourhood”.

He added that “there’s no denying the arcade needs to go but this is way out of context”.

Joyce Martina described the plans as “horrible, impractical and unnecessary”.

HeraldScotland: The existing arcade The existing arcade

The 1960s arcade was acquired by the current owners, who said a fifth of the existing units are vacant, in 2015.

Phase one wil bring 332 homes and 30 parking spaces.

The future phase will include further mixed-use space including homes, additional civic and retail space and commercial units.

Neal Jamieson, Ediston Real Estate director, said earlier: “We now know that the majority of people are in favour of the proposed regeneration but we have also been told that the new development needs to be right for the community.

“As a result, we have been working with the Community Council and listened and engaged with the public to help us design the extensive new public space and gardens included in our proposals.”

The consultation continues until May 31.


Aegon UK has posted a 26 per cent increase in first quarter profits as its Dutch owner underlined the strategic value of the investment platform business.

Aegon UK grew operating profits to £43 million in the three months to March 31 from £34m in the same period of last year.


NETWORK provider Commsworld is linking rural communities in England with boosted broadband under a new partnership.

The Edinburgh-headquartered company said it has delivered significantly enhanced connectivity, bandwidth and resilience to Alnwick in “record time”.


Sign up: You can get the briefing and the top business news stories sent direct to your email inbox twice-daily, and Business Week for the weekly round-up on Sunday 👇

HeraldScotland:



Source link

Leave a Reply

Your email address will not be published.