OPERATOR Confirmed For Proposed £205Million Build-To-Rent Community On Glasgow’s Waterfront

16 December, 2021 | News

DEVELOPERS are seeking planning permission for a massive residential complex on Glasgow’s waterfront, to be managed by build-to-rent operator Moda Living.

Around 730 homes are proposed for a four-acre site at Lancefield Quay that has lain vacant since 2007. Permission is also sought for associated leisure, gym, event/business space and a range of ground-floor units for retail, office and restaurant use.

The outline planning application has been submitted by Moda Living, investor Osborne + Co and the development and investment arm of construction business McAleer & Rushe, MRP.

A design document included with the application states: “By creating hundreds of waterfront homes, commercial and leisure opportunities, as well as attractive green public spaces, this investment into the city will bring together a new waterfront community and create a destination on the River Clyde to complement, support and help revive the surrounding area.

“The scheme will respond to the Glasgow context whilst creating a unique environment with an inherit sense of community, a vibrant urban experience and a great place to live.”

The developers are currently aiming for construction to start in 2023, subject to city council planning approvals.

Oscar Brooks, director, Moda Living, said: “Glasgow has all the fundamentals we look for; it’s a well-connected, forward-looking city which boasts a strong local economy and is focused on growth which is why are committed as a long-term city partner.

“Construction on our Holland Park 425-home development [in Pitt Street] is well advanced, demonstrating our enthusiasm for the city. We are excited to have the opportunity to develop our vision for the Lancefield Quay site and to be working alongside Osborne+Co and MRP as we bring forward a long vacant site.”

Stephen Surphlis, managing director of MRP, said: “We are excited about the impact that this development can have on the regeneration of an historic and important area of Glasgow, supporting a vibrant city centre community.

“The community consultation provided us with valuable feedback, with more than 90 per cent of people in support of the residential offering and agreeing that Glasgow needs new homes.

“The creation of well-designed, well-crafted and sustainable homes is high on the council’s agenda and the Lancefield Quay site is ideally located to provide a thriving build-to-rent development which will fit in perfectly with the fabric of the area.”

Conor Osborne, director and founder of Osborne + Co, said: “This application marks an important milestone for what we hope will be a truly transformational development for this area.

“We have taken a strategic approach to these initial proposals and worked hard to ensure they align with Glasgow City Council’s wider regeneration ambitions to open up the waterfront and create a vibrant new location within the city.

“Moda’s involvement in the site will help us realise this ambition to create a single fully integrated development and we are looking forward to continued discussion with the council.”

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