THE £42.6million Meatmarket residential project has received grant approval via Glasgow City Council’s affordable housing supply programme.
The development — at the corner of Bellgrove Street and Duke Street — involves 252 mid-market rent, new-build flats and a commercial unit being built for Home Group by contractor CCG (Scotland) Ltd.
They will be on part of the site of the former Glasgow Meatmarket which has been derelict for many years.
Work is expected to start on site in January 2021 with estimated completion in the spring of 2023.
The project is being funded using grant from the council and private finance generated by Home Group.
The flats will be a mixture of one and two-bedroom units, split across 19 flat types and will be incorporated across four blocks which range between four and six storeys high, with frontage on to Duke Street and Bellgrove Street.
Twenty-five are either full wheelchair or wheelchair-readily-adaptable. The upper floors will be serviced by lift access.
The development of the site is described as of “significant strategic importance” to the council and the city.
The location is considered “very attractive” as it is situated immediately east of Glasgow city centre and adjacent to major economic drivers such as the University of Strathclyde, the Merchant City and Clyde Gateway.
The Meatmarket Masterplan for the whole site is funded through the Glasgow City Region City Deal and aims to create a vibrant place in which to live and work with high-quality urban realm that ties the area to the surrounding neighbourhoods, including the Meatmarket sheds.
Glasgow City Council, working with local housing associations, is developing plans for the last remaining structures on the site, the B-listed Meatmarket sheds which are lined up for flexible community, creative and commercial space.
Councillor Kenny McLean, city convener for neighbourhoods, housing and public realm at Glasgow City Council, said: “The building of so many affordable homes in what is a fantastic location will be a key stage of the wider transformation of the historic Meatmarket site.
“We can look forward to this development playing its part as a catalyst for the regeneration of this part of the city, with these flats becoming home to a wide range of people and families.”
Stuart Dixon, head of development for Home Group Scotland, said: “We are really proud to have built up such a strong partnership with Glasgow City Council and are delighted to be redeveloping this iconic Glasgow site.
“We intend to put family at the heart of these new homes and create an exciting new place for them to flourish. All homes will be bright, spacious and built to the highest modern standards while reflecting the historic look of the surrounding Glasgow tenements.”