Glasgow’s Copenhagen Building to be completed
A stalled office development in the heart of Glasgow looks set to be completed by the end of the year as contractors move back on site.
Construction work at the speculative Copenhagen Building (pictured) was put on hold last year when the original construction firm entered administration. However, the offices are now expected to be ready by the end of 2011 following Allied Irish Bank’s decision to award a £1.2m contract to Clark Contracts.
The Copenhagen Building, located on Hope Street in the International Financial Services District of Glasgow, is a redevelopment of two, Grade II Listed buildings. Incorporating a modern glass curtain wall and atrium, the 10 storey scheme offers 65,000 sq ft of Grade A office accommodation. Floor plates range in size from 5,600 sq ft to 6,765 sq ft. The building has a BREEAM rating of ‘Very Good’.
The speculative scheme has had a chequered history. Named after Copenhagen, the Duke of Wellington’s horse at the battle of Waterloo, the topping-out ceremony at the development was held in December 2008. The offices were originally scheduled to open in June, 2009. By April, 2009 the scheduled completion date had slipped to “late autumn”. That date was also missed and then construction works were suspended in 2010 when main contractors Chard Construction went into administration with debts of approximately £400,000.
On being awarded the contract to complete the works, Gordon Cunningham, Clark Contracts MD, said: “We very much look forward to completing the development which will, without doubt, be a valuable addition to Glasgow’s stock of Grade A office accommodation”.
Headline rental prices have not been disclosed.
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