Thursday 21 February 2019

Demolition starts at Moda’s £120m Glasgow build-to-rent site

Demolition works have started at the former Strathclyde Police headquarters to prepare the way for construction of a £120m build-to-rent scheme.

Under plans approved by Glasgow City Council, developer Moda will redevelop the police complex on Pitt Street into 433 apartments ranging from studios to three-bedrooms.

Designed by HAUS-Collective, the homes will spread across four buildings, ranging from six to 22 storeys in height, set around a new public courtyard and complementing the existing city skyline.

The demolition works by Dem Master Demolition are expected to be completed by the end of September, with the new build works on the site to start by the end of this year and construction expected to take approximately two and a half years.

Moda will also provide over 45,000 sq. ft. of on-site amenity space, including communal lounges, health and wellness zones, landscaped roof gardens with stunning views of Glasgow and indoor/outdoor dining areas.

The Pitt Street offices, built in 1924, were previously home to Strathclyde Police, which was the country’s largest force from 1975 until the merger of the eight Scottish Police Forces in 2013.

The site was purchased by Moda and Apache in October 2016 in one of Scotland’s most high profile property deals since the Brexit vote, in a clear vote of confidence in the Scottish rental market.

Backed by Apache Capital Partners, a UK and Middle East-based private real estate investment firm, Moda has secured a £2bn pipeline of more than 7,00 apartments across England and Scotland. Other developments are underway in Manchester, Birmingham, Brighton and Hove, Edinburgh, Leeds and Liverpool.

Tony Brooks, MD of Moda Living, said: “With demolition works now underway we are one step closer to redeveloping this fantastic site into high quality rental housing. As a long-term investor, owner and operator, we are here for the long-term with the aim of creating healthy, social, connected communities.”



from Construction Enquirer http://www.constructionenquirer.com/2019/02/22/demolition-starts-at-modas-120m-glasgow-build-to-rent-site/

via Tumblr http://ndbasilica.tumblr.com/post/182976004474

No comments:

Post a Comment