Monday, September 18, 2023
Gateway to £150 Million Pacific Quay Development created as Finnieston Bridge opens
Glasgow's first new road traffic bridge to open in 30 years opens today (18 September 2023), creating a new gateway to the £150 million Pacific Quay Developments project.
The £20 million Finnieston Bridge will play a major role in the regeneration of Glasgow's Clydeside and opens up the entire area to new development and investment opportunities. Already the new home to STV which moved in earlier this summer, Pacific Quay will combine 500,000 sq ft of high quality office space with 300 homes and a 150-bed hotel. The new BBC offices are currently under construction and will be completed in 2007.
Alan Somerville, Director of Pacific Quay Developments comments, "Today's opening of the Finnieston Bridge is a significant milestone in the regeneration of the entire Pacific Quay area and will improve access to what will be seen as one of the most important city centre regeneration sites in the UK.
"Pacific Quay will be a highly desirable place in which to work, combining waterfront access and open green space with excellent transport links. We anticipate that the planning application will move forward this autumn, with construction of offices and the hotel scheduled to commence at the beginning of 2007."
Funded by Scottish Enterprise Glasgow and Glasgow City Council, the Finnieston Bridge is supported by a total of 27 steel piles, which are being anchored at sub-bedrock level underneath the Clyde. The bridge carries four lanes of traffic and links the Finnieston area of the city on the north bank of the Clyde to Pacific Quay, and also has the capability to cope with the addition of a light transport system in the future. Construction has been carried out by the Kilsyth-based civil engineering contractor Edmund Nuttall Ltd.
The Pacific Quay Developments masterplan will redevelop the former Glasgow Garden Festival site along the south bank of the River Clyde and is designed to provide the framework for a mixed development for the area - combining high quality offices, residential accommodation, retail and leisure facilities. Offices will form the largest component of the scheme with all having dedicated parking spaces. Each office site is designed to be flexible and capable to responding to market demands. Buildings will range from 50,000 to 110,000 sq ft and will vary from three to eight storeys.
Pacific Quay, formerly known as Prince's Dock, formed an important part of Glasgow's once thriving industrial docklands, being the first dock in the city to install the full range of cranes capable of lifting the heavy engines and boilers so important in establishing Glasgow's industrial influence across the world. The cargo docks existed for more than 100 years before closing in the 1970s; the site was subsequently selected for the Glasgow Garden Festival in 1988 and remained largely redundant until its rebirth as Pacific Quay in the early 1990s.
Pacific Quay Developments Ltd is represented by Jones Lang LaSalle and CB Richard Ellis.
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The £20 million Finnieston Bridge will play a major role in the regeneration of Glasgow's Clydeside and opens up the entire area to new development and investment opportunities. Already the new home to STV which moved in earlier this summer, Pacific Quay will combine 500,000 sq ft of high quality office space with 300 homes and a 150-bed hotel. The new BBC offices are currently under construction and will be completed in 2007.
Alan Somerville, Director of Pacific Quay Developments comments, "Today's opening of the Finnieston Bridge is a significant milestone in the regeneration of the entire Pacific Quay area and will improve access to what will be seen as one of the most important city centre regeneration sites in the UK.
"Pacific Quay will be a highly desirable place in which to work, combining waterfront access and open green space with excellent transport links. We anticipate that the planning application will move forward this autumn, with construction of offices and the hotel scheduled to commence at the beginning of 2007."
Funded by Scottish Enterprise Glasgow and Glasgow City Council, the Finnieston Bridge is supported by a total of 27 steel piles, which are being anchored at sub-bedrock level underneath the Clyde. The bridge carries four lanes of traffic and links the Finnieston area of the city on the north bank of the Clyde to Pacific Quay, and also has the capability to cope with the addition of a light transport system in the future. Construction has been carried out by the Kilsyth-based civil engineering contractor Edmund Nuttall Ltd.
The Pacific Quay Developments masterplan will redevelop the former Glasgow Garden Festival site along the south bank of the River Clyde and is designed to provide the framework for a mixed development for the area - combining high quality offices, residential accommodation, retail and leisure facilities. Offices will form the largest component of the scheme with all having dedicated parking spaces. Each office site is designed to be flexible and capable to responding to market demands. Buildings will range from 50,000 to 110,000 sq ft and will vary from three to eight storeys.
Pacific Quay, formerly known as Prince's Dock, formed an important part of Glasgow's once thriving industrial docklands, being the first dock in the city to install the full range of cranes capable of lifting the heavy engines and boilers so important in establishing Glasgow's industrial influence across the world. The cargo docks existed for more than 100 years before closing in the 1970s; the site was subsequently selected for the Glasgow Garden Festival in 1988 and remained largely redundant until its rebirth as Pacific Quay in the early 1990s.
Pacific Quay Developments Ltd is represented by Jones Lang LaSalle and CB Richard Ellis.
-------------------------------------------------------------------------------------
The new Property Executive business directory has just been launched. To add a free listing for your company click here.
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