£500m regeneration proposal for Glasgow and Rutherglen
The company will formally unveil the scheme, called Clyde Gateway Innovation, at an investment forum event in Leeds later.It says the land earmarked for development is around the size of 130 football pitches, and would be converted into a "dynamic, mixed-use ecosystem" that would have direct access to green infrastructure on the river Clyde corridor.As well as the hotels, an anchor building called the Innovation Central building would take up part of the space, comprising a café, gym and space for events.Other parts of the land would be turned into laboratories, research facilities, and offices.The previously proposed redevelopment of Shawfield in Rutherglen would see a new hotel and 450 homes built, with South Lanarkshire Council having granted outline planning consent.
Clyde Gateway chief executive Martin McKay said the plans were "the next chapter" in regenerating Glasgow's east end.He added: "With a focus on high-growth sectors like advanced manufacturing, life sciences and clean energy, this masterplan reflects our ambition to create a place where innovation and community go hand in hand. "We're building a sustainable, scalable ecosystem that will support everything from start-ups and university spinouts to major employers, while continuing to deliver jobs, homes and opportunities for local people."Clyde Gateway's previous projects include the Cuningar Loop nature trail in Rutherglen and the Malls Mire woodland retreat in Toryglen.
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