A £205 million development on the Glasgow waterfront has been approved.
by Rory Butler / December 15, 2022
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Joint venture (JV) Moda Living and GDRI have won outline planning permission from Glasgow City Council (GCC) for the landmark Lancefield Quay development.
The scheme is backed by developer and investor, Osborne+Co, and MRP, the development and investment arm of McAleer & Rushe.
When built, the new community will transform a four-acre brownfield site that has been vacant since 2007.
- 730 homes
- on-site gym
- co-working hubs
- commercial units
- public spaces
The regeneration scheme is part of GCC’s City Centre Living Strategy Vision 2035, and wider improvement efforts along the Broomielaw.
Moda has committed to local skills, employment and education initiatives under the scheme, directing significant funds into the city’s economy.
“Glasgow’s waterfront is iconic, and intrinsic to its future is ensuring that the location remains relevant, which Lancefield Quay will enable with attractive rental opportunities,” said Conor Osborne, Director and Founder of Osborne+Co.
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