BAM & Taylor Clark resuscitate mothballed Atlantic Square scheme
September 26 2014
BAM have teamed up with Taylor Clark Properties to press ahead with a dormant £100m office-led scheme in Glasgow’s International Financial Services District.Atlantic Square will comprise 300,000sq/ft of accommodation spread across three individual buildings; including a 10 storey 180,000sq/ft office block and a sister six storey property housing 80,000sq/ft of space.
The pair will be joined by a third residential building and all three will incorporate ground floor retail.
Designed by Cooper Cromar the scheme will incorporate the retained A-listed façade of an early 20th century warehouse.
BAM Properties development director Michael Smart, commented: "We have carefully researched the supply pipeline and have identified a strong undercurrent of demand from top grade companies and organisations. Together, we will create a state-of-the art development that will meet the requirements of forward thinking business tenants and investors.”
Taylor Clark Properties MD Jon Brand added: “A lack of Grade A space is limiting investment in the city and with rents stabilising we believe the time is right to combine our expertise to deliver this striking mixed use development.”
Work on the project will begin ‘immediately’ once planning is secured.
7 Comments
#1 Posted by Jimbob Tanktop on 26 Sep 2014 at 22:35 PM
Odd, given that if there is such demand, it's not sufficient to fill the bottom five floors of the Capella, just across the road.
#2 Posted by Chris on 29 Sep 2014 at 11:50 AM
I may be wrong here Jimbob, but property websites suggest that Capella only has 17,213 sqft available.
#3 Posted by all seeing aye on 29 Sep 2014 at 11:52 AM
Jimbob,
the capella is full. suggest you take a daunder past. leave the tanktop behind.
the capella is full. suggest you take a daunder past. leave the tanktop behind.
#4 Posted by Alex Cox on 29 Sep 2014 at 18:44 PM
Ah! My bad. Haven't been down there for a few months. It lay mostly empty for years though. Good to know it's filled up.
#5 Posted by Alf on 30 Sep 2014 at 09:49 AM
A potential carbuncle in the making, given the facade retention. Will be interesting to see how the two blend together (or not).
#6 Posted by A Local Pleb on 30 Sep 2014 at 12:50 PM
Why retain a façade if there is no intention to limit the height of the development to that of the original building. This is an insensitive pastiche, with developments of this scale you'd be better off retaining nothing.
#7 Posted by SJF on 30 Sep 2014 at 15:27 PM
A perfect illustration of how an "A-Listed" facade should be treated!
At least we can rest assured that "forward thinking business tenants and investors" will be happy.
At least we can rest assured that "forward thinking business tenants and investors" will be happy.
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