BAM submits plans for Glasgow redevelopment
Royal BAM Group has submitted a planning application for the redevelopment of an office block in the centre of Glasgow.
BAM Properties has, as anticipated, submitted plans (ref: 11/02064)Â for the redevelopment of the prime site at 110 Queen Street, Glasgow.
The 1960’s office block (pictured) was purchased by BAM in 2010 for £7.25m following a competitive bidding war. Lloyds Banking Group sold the building with planning consent granted in 2009 for an office-led, mixed-use redevelopment.
BAM is proposing a £28.5m speculative development comprising of a nine-storey office block offering 143,000 sq ft of office floor space. The building will also include ground-floor retail space. Total floor space will be approximately 225,000 sq ft. Architects Cooper Cromar, who were also behind the successful G1 office scheme, have designed a modern, curved-glass building. The existing, 50,000 sq ft former bank branch and cash centre is considered by many as being unattractive. The building has been vacant for some time and is now set to be demolished.
Commenting on the development, Michael Smart, Development Director, BAM Properties, said recently: “110 Queen Street is a significant and very exciting project for our business. It’s a great opportunity to replace an uninspiring building developed back in the sixties into a modern building which will greatly enhance the visual impact of this prime area.”
Asbestos removal works are currently being undertaken at the building with demolition scheduled for early 2012. A target completion date of 2014 has been muted for the new office block.
The holding page for the official website indicates that the new building will be available for letting or sale.
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