Queen St developments??

[The Egg Man]

I'm told no client is in place as yet.

What could possibly go wrong?

Not having a client at this point in the build isn't that unusual.

There's no client in place for St Vincent Plaza or ( I believe) the old Odeon site.

[Lucky Poet]

Thank you for the explanation about the classifying thing. You'll understand my scepticism, I hope.

As for the no client thing, well, it's a form of gambling then I guess? I hope it all turns out well. (Not meant sarcastically.)

[The Egg Man]

Yes, it's speculation but in the meantime it provides work in construction, places orders with manufacturers of the materials used and readies the city for a (hopefully) eventual upturn in the economy.
Surely we can't go on just building hotels for stag weekenders and conventioneers.

[Mori]

[The Egg Man]

I'm told no client is in place as yet.

What could possibly go wrong?

Not having a client at this point in the build isn't that unusual.


I'm told my use of client in this regard is incorrect.

What there is is no tenant.

Sorry.

[crusty_bint]

half of Gasgow was built speculatively. the tenement you might live in certainly would have been. this is not unusual, even today.

[The Egg Man]

I don't have an issue with speculative development, commercial or residential. Both show a belief in the product and the future.

[RapidAssistant]

Yes I agree to a point with that, dont' get me wrong it's good to see tired old spaces and buildings being regenerated and renewed - but there are still spanking new office spaces that were built in the mid/late 2000s just before the bubble burst that are still lying empty. All that space yet has to be filled, whilst at the same time they are adding even more developments.

I think personally that Glasgow is relying too much on the financial services sector to fill all this space at a time when said industry is still in the doldums, they need to start thinking outside the box on how they market this office capacity.

[The Egg Man]

Yes I agree to a point with that, dont' get me wrong it's good to see tired old spaces and buildings being regenerated and renewed - but there are still spanking new office spaces that were built in the mid/late 2000s just before the bubble burst that are still lying empty. All that space yet has to be filled, whilst at the same time they are adding even more developments.

Not that many and fewer still which meet the Grade A and BREEAM regulations. Factor in the fact a lot of the available space/s are small at a time when there's a trend towards getting everyone in one place and the available still isn't being taken up. There's a chunk of space in the building next to Tay House and in 333 Bath St (opposite that) but I'm unsure about the specification.

I think personally that Glasgow is relying too much on the financial services sector to fill all this space at a time when said industry is still in the doldums, they need to start thinking outside the box on how they market this office capacity.

I'm 100% sure any suggestions would be welcome but I reckon there's a lot of brownfield to be filled on/ around Lancefield Quay before people stop relying on the hope of a financial recovery.

[The Egg Man]

BAM (see above) the construction firm which built Glasgow's Riverside Museum has donated "tens of thousands of pounds" to boost the city's arts scene.

BAM, which was also involved in the £35 million transformation of Kelvingrove Art Gallery, has become the first corporate supporter of Glasgow Arts.

http://www.eveningtimes.co.uk/news/buil ... n.21574455

[RapidAssistant]

I see work is soon to start on the new Travelodge inside Charlotte House....

http://www.eveningtimes.co.uk/news/work ... n.22614865

[Lawman]

Glad to see Charlotte House getting some TLC, it would be an ideal hotel really, given it's layout. Lifts, stairwell and main risers all at the far left, giving scope for a uniform and "free reign" spec for the rest of the level.

Unsure about the Grade A offices being built though, some cheaper stuff is needed to get the buildings occupied really. Take the Grosvenor Building on Gordon St for example. All the grandeur of a Greek Thompson with modern guts! Shell moved out, the place was brought back to the bones and rebuilt to a very high standard... It is still empty circa 3 years later and it is in the primest of prime locations for transport links AND has copious amounts of car parking (around 30 spaces)


Will be interesting to see if Travelodge re-facade Charlotte house like Premier Inn did to St Andrews House, or just paint it white like Elmbank Gardens

[RapidAssistant]

Will be interesting to see if Travelodge re-facade Charlotte house like Premier Inn did to St Andrews House, or just paint it white like Elmbank Gardens

Doubt it - Travelodge are reknowned for doing everything on the cheap - I suspect they'll keep the old facade. Premier Inn apparently got a bit of a leg-up from the EU or the govt in the form of grants to revamp St Andrew House. Elmbank Gardens was of course originally brilliant white when it was built back in the early 70s, the developers took the cheap way out and painted the concrete instead of actuallly cleaning it. It'll look dreadful when the paint all starts to flake off in a few years' time.

[The Egg Man]

The funding is in place.

"BAM Properties and the Scottish Government are investing a £50 million funding package to transform an empty building in Glasgow’s city centre into high quality retail and office space, accommodating up to 1,500 workers.

Construction work has started at 110 Queen Street - a former bank – to create 143,000 sqft of Grade A offices and 20,000 sq ft of retail space, and will help to support 250 jobs in the sector and 30 apprenticeships over the lifetime of the project.

The project, which is being developed, designed and built by BAM, will receive a £9.6 million loan from the Scottish Partnership for Regeneration in Urban Centres (SPRUCE) Fund, which has been established with Scottish Government and European Regional Development Fund money.

The nine storey office block comprises 224,266sq/ft of accommodation encased within a concave façade of curtain wall glazing - an iteration of the art deco Aurora building on Bothwell Street."

I'm told no client is in place as yet.

The first tenant has been announced. Brodies LLP.

Brodies is the Scottish headquartered law firm offering clients the largest specialist legal resource in Scotland, delivering services of the highest quality to Scottish, UK and global organisations.

With offices in Aberdeen, Edinburgh, Glasgow and Brussels, we offer legal advice to private and public sector clients in core areas such as mergers & acquisitions, business disputes, commercial property, banking & financial services, employment, pensions & benefits and trust & tax.

[RapidAssistant]

Thx for that TEM....now we need the lingerie shop directly opposite to be turned back into a Wimpy bar.....oops I've said it again