THE latest designs and a 3D model of a transformational mixed-use development which aims to create a major new leisure destination on the banks of the River Clyde in Glasgow have been unveiled by developer Peel Lifestyle Outlets.
Glasgow Harbour Lifestyle Outlet will be home to 193,500 sq ft of retail; 65,000 sq ft of food and beverage; and 99,800 sq ft of leisure space when it opens in 2021. The site is at the mouth of the Kelvin, across from the Riverside Museum
The designs were unveiled at an event held at the Radisson Red Hotel which launched the landmark development to professionals in Scotland’s property market.
They represent another important milestone for the £100million scheme, which will revitalise a key gap site beside the river with retail stores, restaurants and cafes, a waterfront promenade, a state-of-the-art multiplex cinema, gym, family leisure facilities, public squares plus a major event space.
The 3D model of the development will be available to view once the Glasgow Harbour Lifestyle Outlets marketing suite opens later this year.
Work on a 400-bed student accommodation development is already well underway.
Adrian Wright, leasing director, Peel Lifestyle Outlets, said: “The latest designs alongside the 3D model really bring to life the luxury leisure and retail experience we are aiming to create for the people of Glasgow. It will offer an excellent mix of leisure and entertainment underpinned by an exciting retail offering, rejuvenating the waterfront and creating a real destination of choice for the city and the many tourist visitors it receives.”
Savills and Johnstone Property were appointed as joint leasing agents following the submission of a planning application for approval of matters specified in conditions. Planning permission in principle was granted in 2008 to rejuvenate the 74-acre site, which is located within the Clyde Waterfront Regeneration Programme.
It is estimated that, once complete, the Glasgow Harbour Lifestyle Outlet could generate gross GVA of around £45 million per annum to the city’s economy. The development will create much-needed employment during construction and deliver a further 2,000 retail and leisure jobs when complete in 2021, according to a recent report by Amion Consulting, an economic impact consultancy.