Largest office scheme in Glasgow in ten years gets green light

The scheme will revive a site derelictfor more than 20 years. Picture: contributed.

The green light has been given to one of the most “significant” office developments to be built in Glasgow in the last decade.

The speculative “world-class” office for up to 3,000 employees at Argyle Street in the International Financial Services District has been given full planning approval by Glasgow City Council.

The scheme, designed by Glasgow-based architects Cooper Cromar, will revive a site that has lain derelict for more than 20 years and provide about 270,000 square feet net of grade A office space over ground plus 13 upper storeys, with an end value of roughly £140 million.

Conor Osborne, chief executive at Osborne+Co, the global property development and investment company behind the plans, said: “Glasgow is a key regional business hub recognised most notably for financial services, life sciences and renewable energy.

"We are confident that this ambitious development will help [the city] to fulfil its full potential by attracting global occupiers looking to invest and expand their UK presence and benefit from the skilled local workforce Glasgow has to offer.”