The owners of Shawlands Arcade in Glasgow’s southside have lodged a planning application with Glasgow City Council for a multi-million pound regeneration.
The proposed development will feature a mixture of ground floor shops with new homes above. Central to the design is an expanse of new landscaping, with half of the site being planned as green space, including areas for public seating, performance and art.
Neal Jamieson, director of developer Ediston Real Estate, said: “Having consulted with the community over the past year, we know that replacement of the current dated complex is much wanted.
“The proposed balance of housing and retail uses has been carefully considered to ensure a regeneration that is realistic and deliverable.”
There are 330 one, two and three bedroom apartments above the planned retail spaces, incorporating communal roof gardens and terraces.
Nearly 80% of all those who gave feedback in the consultations think the current Arcade is poor or extremely poor quality, with the majority wanting to see a better range of shops incorporating a mix of high street names and independent traders.
An independent economic impact assessment has been submitted as part of the application and confirms that the planned £150m investment into Shawlands should prevent the site from falling into dereliction.
It also estimated that when fully completed and occupied, the regeneration will support 240 direct jobs within Glasgow and a further estimated 150 construction jobs.
Jonny McDonald, chair of My Shawlands Business Improvement District, said: “As we head into an increasingly difficult economic climate, we are encouraged that the Arcade’s owners have prepared a set of plans that are economically viable and can be delivered.
“The existing Arcade is increasingly detracting from the overall town centre and it’s been a long held aspiration of My Shawlands to see it replaced.”
The proposals are being brought forward by the Arcade’s owners Clydebuilt, which is a property investment and development fund co-owned by Strathclyde Pension Fund and Ediston Real Estate.
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