A BUILD-to-rent development of up to 30 floors is being proposed for Charing Cross.
Developer and residential rental property manager Watkin Jones Group wants to deliver what would be Glasgow city centre’s tallest building on the site of Portcullis House on India Street .
The co-living development would have up to a maximum of around 30 storeys with about 825 apartments. The proposals include amenity facilities plus potential for street-level retail, café and co-working space.
A proposal of application notice (PAN) has been submitted to Glasgow City Council. Following consultation required under the PAN process, a planning application will be submitted. The group hope to complete construction in 2024.
Iain Smith, Watkin Jones Group planning director, said: “We’re thrilled to be announcing our exciting scheme for Portcullis House. The site is in a prime urban location with excellent access to amenities and transport links.
“BTR and co-living offer high-quality rented accommodation at competitive prices to a wide-ranging demographic. There is huge demand in Glasgow for this model which offers long-term security of tenure, combined with the flexibility of renting.
“Should we receive planning permission, our residents will not only be able to rent an apartment but will also have an abundance of common amenities at their disposal, ideally suited for modern living.
“These proposals will greatly assist in the regeneration of this part of the city and we are consulting extensively to ensure that that the public have an opportunity to input their views and shape our ambitious proposals.”
Watkin Jones Group has extensive experience of working in Glasgow, completing nine managed student accommodation developments over the last nine years totalling approximately 3,500 student units. It also has another student accommodation development in build (Cathedral Street) which is due to complete in 2021.
The group has undertaken major build-to-rent (BTR) schemes throughout the UK, completing its first purpose-built scheme in Leeds in 2016.