DRUM Property Group’s £500million Buchanan Wharf development has reached another significant milestone with completion of structural work for its final building phase.
Construction of the six-storey office headquarters for the Students Loans Company (SLC) has reached its highest point, with the 75,000 sq ft building set for occupation in 2023.
The office block — forward-funded by Legal & General Investment Management Real Assets — will accommodate up to 1,100 staff as part of a 20-year deal.
Buchanan Wharf, Tradeston is one of Scotland’s largest ever development projects, and is already home to Barclay’s state-of-the-art Northern European campus HQ, together with an 18-storey, 324-apartment residential complex for Legal & General which completes later this year. The site will also provide a mix of local amenities and landscaped public spaces.
Senior representatives from Drum, SLC, Legal & General and building contractor Graham Construction gathered to mark the ‘topping out’ ceremony, celebrating the last concrete pour on the highest part of the building.
From left, Laura Pritchett, chair of SLC Colleague Representative Group; Stephen Campbell, SLC chief information officer; Fife Hyland, operations director, Drum Property Group. Photo credit: www.jamiejohnstonphoto.co.uk
Graeme Bone, group managing director at Drum Property Group, said: “We are now witnessing Buchanan Wharf’s true scope and potential being delivered before us.
“In less than four years, and during challenging times, our exciting development vision has now been fully realised. The topping out ceremony is both a celebration of a superb building, and a fitting testament to the confidence, commitment and resilience shown by Drum and all its development partners in finally delivering the wider Buchanan Wharf — one of Scotland’s most important commercial and residential projects.
“We are proud to be bringing new investment, energy and excitement to Glasgow’s city centre, placing the River Clyde once again at the heart of the city’s economic, social and cultural renaissance.”
Stephen Campbell, chief information officer for the Student Loans Company, said: “The Buchanan Wharf development has transformed the landscape of the city centre, and the River Clyde, providing a prominent, state-of-the-art campus.
“We are thrilled that the structural work of our building is now complete, which has marked a vital milestone of this project.
“We are now working more flexibly, spending time in the office and at home. This helps us harness the value of co-location =– the social interaction, team connection, rich collaboration, enhanced quality of learning and sense of belonging we get from time spent in the office as well as the quiet focus and balance we get from working at home.
“We are creating an office experience, with the help of our colleagues, which encourages and facilitates collaboration as well as supports future ways of working. It will also allow us to continue to improve our customer experience to our eight million customers across the UK.”