A DERELICT power station in the shadow of the athletes’ village built for Glasgow’s Commonwealth Games is to be transformed via a multimillion pound housing development.
The dilapidated riverbank site in the east end of the city will be brought back into use for the first time in nearly four decades, with hundreds of homes built in the Dalmarnock area.
Clyde Gateway, the regeneration body charged with revitalising the region has sold the 22 acre site to the Link Group in a deal worth £5.7m.
Link now intends to built a total of 550 homes on the Dalmarnock Riverside plot, including social rented, shared equity property, and family homes for sale.
The properties will be built on the site on the former Dalmarnock power station, once a landmark of the east end recognisable for miles around thanks to its towering chimney.
Although it served as a crucial power supply during Glasgow’s expansion in the interwar years, it was closed in 1977 and demolished three years later at the third attempt.
For the past quarter century, the site has been vacant, but it was purchased five years ago by Clyde Gateway, who spent £3m on infrastructure improvements and decontamination work.
Lord Smith of Kelvin, the chair of Clyde Gateway, said the new development would “complement perfectly” the regeneration projects carried out in Dalmarnock for last year’s Commonwealth Games.
He said: “We have stepped in to deal with market failure and having initially purchased the site and followed it up with a spend of £3m, we have now found a very able and willing development partner who will deliver the types and quality of housing that the community here requires.
“What we are seeing and experiencing here in this area is a truly world-class transformation with the likes of Dalmarnock railway station - which recently underwent an £11m refurbishment - the community-owned Legacy Hub, the Emirates Arena and Sir Chris Hoy Velodrome, the Police Scotland building and the soon-to-be-built nursery and primary schools making an unbelievable difference and fulfilling the legacy promises made when Glasgow first bid for the Commonwealth Games.”
Roy Stirrat, chairman of Link Group Limited, said the company aimed to benefit the community with the development, including the creation of 76 new jobs.
He said: “This regeneration project will provide high quality cross -tenure housing opportunities for Glasgow’s east end.
“Link has a design philosophy which embodies Clyde Gateway’s masterplanning aims of high quality buildings and open space, creating a vibrant and cohesive and sustainable community.”
The funding for the acquisition by Link was provided by Glasgow City Council.
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