Green light for £100m Glasgow office scheme

Property investor M&G Real Estate has been granted planning consent for its £100m office redevelopment at Corunna House in central Glasgow.

The consent will pave the way for M&G Real Estate to demolish the two existing Corunna House buildings and build a new 12-storey block, which will be rebranded as 33 Cadogan Street.

The development will deliver 275,000 sq ft of Grade A office accommodation in a key city centre location designed to BREEAM ‘Excellent’ and WELL ‘shell & core ready’, a certification granted by the International WELL Building Institute.

Works on 33 Cadogan Street are expected to commence in second quarter of next year.

Lynn Smith, Director – Development Management at M&G Real Estate, said:“There is a clear occupier appetite for high quality office space in Glasgow and a lack of supply in the city’s office market, which makes it a prime location for investment.

from Construction Enquirer http://www.constructionenquirer.com/2017/05/15/green-light-for-100m-glasgow-office-scheme/

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