Clyde Gateway

New £5.5m investment for Clyde Gateway

The Clyde Gateway regeneration programme has been awarded a £5.5 million cash injection from the Scottish Government.

First Minister Nicola Sturgeon said the funding will help create jobs and attract private investment to one of the most deprived areas of Scotland.

Clyde Gateway is a partnership between Glasgow City Council, South Lanarkshire Council and Scottish Enterprise, backed by funding and direct support from the Scottish Government. The programme covers the east end of Glasgow and the north part of South Lanarkshire.

Ms Sturgeon and her cabinet will take part in a full day of events in the area to mark a decade of investment there, culminating in a public discussion at the Emirates Arena.

Cabinet holds its meeting in Clyde Gateway

The First Minister said: “This funding underlines the Scottish Government’s long-term commitment to Clyde Gateway over the term of this Parliament. It will act as a catalyst for investment and deliver a physical, social and economic transformation of what has historically been one of the most deprived areas in Scotland.

“Clyde Gateway has worked tirelessly to tackle inequalities, while establishing and maintaining excellent relationships with the local community, playing a huge part in making it a fantastic location for people to live and businesses to locate.”

Lord Smith, chair of Clyde Gateway, added: “This announcement of long-term funding is very welcome. It ensures Clyde Gateway will continue to deliver and support the broad range of projects and activities which are helping to overcome complex and time-consuming challenges.

“I would like to thank the First Minister and her colleagues for ensuring that Scotland’s biggest and most ambitious regeneration programme remains very much on track.”

Speirs Gumley plans for future growth with Clyde Gateway HQ relocation

Ian Manson, CEO of Clyde Gateway, with Speirs Gumley owner Lorraine MacDonald

Historical property management company Speirs Gumley is moving its 70-strong Glasgow workforce from its Bath Street headquarters to the new Red Tree Magenta building at Clyde Gateway.

The move comes as the company plans to further expand its team and improve its productivity.

Speirs Gumley, which was established in 1827 and also has an office in Edinburgh, provides residential and commercial property management and residential letting services. The company has agreed a pre-let on the third floor of the four-storey building, which is set to complete this summer.

Red Tree Magenta, which will become the first building at the new Magenta business park on the former Shawfield site in Glasgow’s east end, is the latest addition to the popular Red Tree brand developed by Clyde Gateway, with existing premises at Rutherglen and Bridgeton.

Lorraine MacDonald, owner at Speirs Gumley, said: “All of the staff came to view the Red Tree Magenta offices at an early stage of the construction process and were very impressed with the superb facilities and increased space over our existing city centre premises.

“This new modern environment will provide the perfect backdrop for our business as we continue to evolve and grow. As we invest in the long term future of the company, our new office will assist our business productivity and provide fantastic facilities for our visiting clients and employees alike. It is also remarkably easy to get to by both road and rail, and having ample parking available on site is a huge benefit for the many members of our team whose roles involve travelling to appointments to meet our clients.”

Lord Smith of Kelvin, the chair of Clyde Gateway, said: “I am delighted to give a very warm welcome to Speirs Gumley as the first pre-let tenant at Red Tree Magenta. This dynamic company has seen first-hand why this area is an ideal business destination. With a number of other units at Red Tree Magenta now under offer, other businesses are quickly realising the enormous benefits, including excellent transport links, a skilled labour force and quality local amenities.”

Built at a cost of £9 million, Red Tree Magenta includes a communal garden terrace, various collaborative working and breakout spaces, small and medium events spaces and meeting rooms, free parking and cycle lock facilities, as well as onsite showers and changing rooms.

A corporate grade fibre connection is standard and once fully occupied the building will have the capacity to support 340 new jobs.

Red Tree Magenta sits within Magenta at Clyde Gateway, a new 27 acre urban business park, which is being developed by Highbridge Properties Plc in partnership with Clyde Gateway. Situated next to the River Clyde and M74 motorway network, it is estimated that the completed Magenta development will bring at least 12,000 full-time jobs to the area.

Glasgow pupils kick-start careers in construction

Pupils assemble their 3D-printed rocket cars as part of the Get Into Engineering Programme at Glasgow Kelvin College

S5 pupils from the Clyde Gateway area are celebrating their graduation from a programme designed to introduce them to a career in the built environment industry.

Budding engineers from St Mungo’s Academy, Eastbank Academy, Trinity High and Stonelaw Academy took part in the ten-week Get Into Engineering programme, run in collaboration between Clyde Gateway, Robertson Group, Glasgow Kelvin College and the University of the West of Scotland (UWS).

Now in its fifth year, the programme included training on Computer Aided Design (CAD), where the students created and 3D printed wheels before fitting them on foam rocket cars and putting them to the test at Glasgow Kelvin College – reaching speeds of 50mph.

The students also experienced life in a live work environment when they enjoyed two visits to Robertson Central West’s Red Tree development in Shawfield – part of Glasgow’s new satellite business district – receiving a tour of the site before taking part in civil engineering activities led by the team.

Pupils prepare to race the rocket cars

Gemma Gourlay, director of social sustainability for Robertson Group, said: “It’s important for us as industry leaders to work in collaboration with education providers and programmes such as Clyde Gateway to support such a positive initiative that has a lasting impact on the next generation of construction engineers.

“Not only are the pupils able to try their hand at the different technologies and processes used in engineering, but they supplement their practical skills with our specially designed e-learning module which helps build a theoretical understanding of mechanical, electrical and electronic engineering.

“Hopefully we’ll one day welcome the pupils as Robertson engineers to our projects across the country!”

Staff from Robertson, UWS, Kelvin College and Clyde Gateway join the pupils for the Get Into Engineering Ceremony at Red Tree Shawfield

Natalie Phillips, project manager (education, business and community growth) for Clyde Gateway, said: “The Get Into Engineering programme is now in its fifth year and is proving to be more popular than ever. It is all about offering additional learning opportunities around the STEM agenda to our young students and providing them with a first-hand experience into what is one of the most in-demand professions in the modern economy.

“It is a programme that we are proud of for so many reasons and a superb example of what can be achieved through collaboration and the excellent and invaluable support from universities and businesses.”

The students also visited the UWS campus in Paisley, taking a tour of the engineering facilities and the labs.

Red Tree Shawfield was procured through Scape Group’s National Major Works Framework, now superseded by Major Works Scotland, part of the (Scape) National Construction framework, and delivered by Robertson in partnership with Willmott Dixon.

Blog: Confidence returning to central belt’s industrial property market

Ian Manson

Ian Manson

By Ian Manson, chief executive, Clyde Gateway

The second half of 2017 has seen the beginning of what looks like a resurgence in the central belt’s commercial property market. It is most likely making up for lost time, after May’s general election and uncertainty on whether a second independence referendum might be in the offing, led to many businesses putting big decisions off.

The industrial sector in particular is showing strong levels of demand. There’s a healthy appetite for high quality industrial property in Scotland’s central belt, which is in short supply after many years when very little speculative building was going on.

The development market is now finally responding, with a number of new-build industrial units recently completed or currently on site. But until it catches up with demand, occupiers looking for industrial premises in central Scotland’s best locations are faced with very limited options.

As you might expect, this shortage of supply means rents are growing – prime headline rents in central Scotland trade parks are around £107 per sq m, with rents at general prime locations firmly established between £81 and £91 per sq m (source: Ryden). The Small Business Rates Relief initiative has also boosted the rents of smaller units, as an increasing number have the potential to be rates-free for qualifying occupiers.

The current vacancy rate for the greater Glasgow industrial market is only 5.2%, and as many vacant properties need re-developed or refurbished, the true availability of ready-to-occupy properties is even lower. To put this in context, vacancy rates of 30% were not unheard of during the 1990s.

It’s no longer just manufacturers who need industrial property.  One area of rapid growth is the rise of online shopping and increasing customer expectation that their goods will be delivered the next day. According to research by Prologis and Aberdeen Asset Management, an online fulfilment needs three times as much warehouse space as a high street retail transaction. This means retailers need more and more storage sheds all over the country.

In popular industrial estates, occupier turnover is low, with existing tenants often staying put simply because there’s nowhere else suitable to go.

A combination of all these factors means that if there is any significant upturn in market activity, the shortage of modern, fit-for-purpose industrial properties could become so severe that it restricts economic growth.

At Clyde Gateway, we have gone against the grain when it comes to industrial property, and are now reaping the rewards in terms of lettings secured. Over £1.5 billion has been invested in the Clyde Gateway area over the last nine years, from both the public and private sector. Thanks to investment support from major national developer MEPC, Clyde Gateway East Business Park beside the M74 has been one of the few locations where industrial units have been built speculatively in recent years.

Clyde Gateway East has been extremely successful, securing high calibre tenants including BT, Glacier Energy, Dentec Scotland, Cusack and most recently The Greencore Group.  The feedback from tenants has been overwhelmingly positive. We’ve just finished building a new 27,500 sq ft speculative unit at Clyde Gateway East, and have had a healthy number of enquiries already.

In addition to the Clyde Gateway East offer, local developer Harris Finance has been building speculatively at Rutherglen Links Business Park, after buying land which had been remediated and prepared by Clyde Gateway. It secured Screwfix as its first occupier and Eurocell, another national trade counter, have taken the adjoining unit.  Terms are close to agreement for another bespoke 13,000 sq ft unit, and a new 20,000 sq ft unit is now complete and available for tenant fit-out.

Clyde Gateway’s reputation as a business location is growing all the time, not just because of the excellent transport links but also due to the business support and superfast broadband we can provide. Infrastructure and connectivity are major drivers for the industrial property market, so there’s no doubt that the completion of recent improvements to the Raith interchange and the motorway network to the east of Glasgow has enhanced the area’s attraction and competitiveness even further.

I am confident that strong demand for the high quality industrial property we can offer, combined with a continued lack of supply, will ensure 2017 ends on a high for Clyde Gateway.

Thenue and college partnership receives £5000 boost to help people learn

Cruden Building director Gordon Lee and Wendy Kilshaw who has just completed the latest Learning Works course

Cruden Building director Gordon Lee and Wendy Kilshaw who has just completed the latest Learning Works course

Opportunities for jobless people to learn new skills have been given a £5,000 boost from generous construction firm Cruden Building.

The company has dug deep to deliver the cash injection to assist Thenue Housing and Glasgow Kelvin College which work together to help unemployed people.

This week Cruden Building handed over a cheque which will now be used to fund Thenue Housing’s award-winning Learning Works initiative.

Working in partnership with Glasgow Kelvin College in the trail-blazing project, the free course has helped hundreds of jobless people find a pathway to success with a job or further learning opportunities.

The donation from Cruden will help underpin the future of Learning Works and contribute to other learning initiatives from Thenue.

Remarkably, almost 240 people have been through the free course which has just completed its 21st intake. Course 22 will soon be underway.

Learning Works is aimed at unemployed people in the area of Glasgow served by the regeneration agency Clyde Gateway and offers learning across a range of specialisms. These include computer skills, the importance of goal setting, personal development as well as the opportunity to brush up on literacy and numeracy.

It is all designed to make individuals as appealing as possible to potential employers and to defeat joblessness.

Allan Callaghan, managing director of Cruden Building, said: “At Cruden Building, we don’t just build quality, affordable homes, we create and become part of the local community.

“We are passionate about nurturing and growing talent within our own organisation, so we’re delighted to support the Learning Works programme and help local people gain invaluable skills through this fantastic initiative.”

Thenue Housing chief executive, Charles Turner, praised Cruden for the donation and added: “This money will help people to keep on learning and give many more the chance to gain new skills and ultimately get a job.

“We are extremely grateful to Cruden Building which shares our vision of helping communities at grass roots level. Learning Works has been a shining example of how organisations working together can transform people’s lives.”

Glasgow Kelvin College vice principal, Alan Inglis, said: “We are delighted to once again be involved in recognising the achievements of the remarkable students on this hugely worthwhile programme.

“The success of the Learning Works groups underscores the value of working together to support learners as they achieve success.  We feel privileged to be part of this dynamic partnership and are grateful to Cruden for their generous contribution to the programme.

“Congratulations go to all the learners who are here today, and to the dedicated staff who have supported them on their journey. Our thanks go to Thenue Housing Association for their continued trust and confidence and we look forward to working as closely with you all in the future.”

Lawrence McCabe, community regeneration manager at Thenue, added: “Helping people back into the workplace so they can earn a wage and improve their lives is vitally important. We are delighted at the support this initiative has been given by Cruden Building.”

£3m spec-built industrial unit completed at Clyde Gateway East

Clyde Gateway East Unit201 Aerial A001Construction work is now complete on Unit 201, a new 27,500 sq. ft. manufacturing and engineering facility at Clyde Gateway East Business Park.

Built by Kier Construction Scotland and being marketed by Ryden LLP, the £3 million industrial unit is the latest speculative new build undertaken and completed by Clyde Gateway.

Clyde Gateway East Business Park at Junction 2A on the M74 is already home to high calibre occupiers that include BT, Glacier Energy, Dentec and Cusack. The new unit provides 25,500 sq. ft. of highly-specified, column-free workshop space plus a further 2,000 sq. ft. of office and ancillary accommodation together with service yard and dedicated parking, all within landscaped grounds.

Ian Manson, chief executive of Clyde Gateway, said: “The past few months have shown a positive trend in the west of Scotland’s industrial property market, with good evidence of demand with high-quality space still in short supply. This new speculative unit has been built to attract companies from the key growth sectors identified in partnership with Scottish Enterprise, and I’m pleased to say we’ve had some very positive enquiries.

“Clyde Gateway’s reputation as a great business destination is growing all the time as more and more companies locate here to take advantage of our excellent transport links, skilled labour force, fantastic business support and superfast broadband provision. The recent completion of improvements to the motorway network east of Glasgow boosts the attraction of Clyde Gateway as a business destination even further.

“Clyde Gateway East also has excellent service and utility provisions and is the only manufacturing location in Glasgow to benefit from a Smart electrical grid, which is greener, more efficient, secure and reliable.”

Billy Linton, managing director of prestige vehicle repair & restoration company Dentec, who moved to Clyde Gateway East in 2016, said: “When our business recently expanded, we outgrew our previous home in Rutherglen, so decided to move to Clyde Gateway East. Since we moved here the profile and image of our business has grown massively, we’ve brought in more work and the response from our customers to our new premises has been excellent. We think we’re in a great location to take advantage of future opportunities and hopefully grow the business even further.”

First building tops out at Glasgow’s new urban business district

Shawfield 14A topping out ceremony has taken place for the first building at Glasgow’s new urban business location, Magenta @ Clyde Gateway.

The £9 million Red Tree Magenta building is currently under construction by contractors Robertson, and is due for completion in summer 2018. Investment funding is being provided jointly by Clyde Gateway, the Scottish Government and South Lanarkshire Council.

On the site of the former Shawfield industrial estate, Magenta @ Clyde Gateway is set to become one of the UK’s largest office locations, set on 27 acres next to the River Clyde and M74 motorway network, under two miles from Glasgow’s city centre. It is estimated that the development will bring at least 12,000 new jobs to the area.

The four-storey, 3,780 sq m Red Tree building will provide Grade A business suites ranging in size from 10 to 168 sq m, aimed at encouraging the growth of SMEs and creating local employment opportunities for local people, including those moving into the area’s numerous new residential developments. When fully occupied, the building has the capacity to create 250 new jobs.

Highbridge Properties Plc – Clyde Gateway’s development partner for Magenta – is a specialist business park developer which has successfully developed over 13 million square feet of office and industrial space, including Cobalt, the largest office park in the UK. Situated near Newcastle, Cobalt employs over 14,000 people and is home to numerous blue chip companies including Hewlett Packard, Proctor & Gamble, Accenture, EE and Santander. Highbridge is now planning the next phase of development at the Magenta site.

Shawfield 02Guy Marsden, director at Highbridge Properties PLC, said: “Topping out is a major construction milestone in what is a landmark project – the very first building at Magenta, which will eventually become one of the UK’s largest office locations.

“Magenta is a very compelling option for businesses who want great value for money, superb infrastructure, and a location that’s under two miles from the city centre, 15 minutes from Glasgow Airport, and two minutes from the M74. It’s also within walking and cycling distance of a growing local population, who are taking advantage of the various new residential developments that are springing up in the area. Magenta’s close proximity to the Cuningar Loop woodland park is also good news for the wellbeing of people who will be working here.

“Magenta provides a great addition to the Scottish economy – with Grade A office space that offers savings of up to 37 percent on similar new-build offices in city centre locations.”

Ian Manson, chief executive of Clyde Gateway, said: “This £9 million investment marks the beginning of what will be a remarkable and eye-catching regeneration of Shawfield. These offices are the third to be developed by Clyde Gateway under the Red Tree brand, with two already in place at Bridgeton and Rutherglen, but this is the first to involve a complete new-build.

“We’ve already attracted over 5,000 jobs to the Clyde Gateway area, and many of our tenant companies are from the creative, media and digital industries such as Think Publishing, Made Brave, Peebles Media and Cloud Cover IT. Our Red Tree developments have been really popular, so it’s great to see construction work coming on so well and we are on schedule for opening this flagship building in summer 2018.”

Robertson marks opening of green space in heart of Glasgow

Aerial_completion (3)The civil engineering business of infrastructure groups Robertson has celebrated the official opening of one of its biggest ever projects.

Glasgow’s new Cuningar Woodland Park was officially opened by transport minister Humza Yousaf on August 27, with members of the public making use of the urban outdoor space since earlier this summer.

Robertson Civil Engineering developed the Woodland Park on behalf of the Forest Enterprise Scotland in a project procured through Scape Group, the public sector procurement specialist National Major Works framework, superseded by Major Works – Scotland a part of the (Scape) National Construction framework.

In a separate project for Clyde Gateway, Robertson was also responsible for the construction of a purpose built bridge which connects the Woodland Park to the former Commonwealth Games’ athletes’ village. That work was won through a competitive tendering process.

Tony Fry, managing director of Robertson Civil Engineering, said: “A great deal of hard work went into this project and I’m incredibly proud of the result. While the public have already been thoroughly enjoying the park, the official opening ceremony was a special moment for myself and the team at Robertson Civil Engineering.

“This particular site posed a number of challenges, as it had previously been used as a quarry, illegal mine and for landfill. But all the efforts taken have been worth it, and the local people now have an outdoor space to be truly proud of. I’m sure it will become a cherished landmark – and thanks to the bridge, people will be able to access the park with ease.”

The Cuningar Loop Bridge

The Cuningar Loop Bridge

The former abandoned landfill site on the banks of River Clyde is now an active “woodland retreat” and is expected to welcome 120,000 visitors this year.

Cuningar Loop Woodland Park is 15 hectares and boasts biking and walking loops, adventure play areas and Scotland’s first outdoor bouldering facilities. The park creates a vibrant accessible greenspace for the communities in Dalmarnock and Rutherglen to enjoy.

The £9.3 million Commonwealth Games Legacy project has been managed by Forest Enterprise Scotland and Clyde Gateway, with the support of many partners.

Many years ago, the site was used for quarrying and mining before turning into a landfill site for rubble from the Gorbals demolition. To help green up the area, over 15,000 trees and shrubs have been planted.

Stuart Chalmers, forest district manager with Forest Enterprise Scotland, added: “We’re really pleased that Cuningar Loop has been such a big hit with local people. The emphasis has always been to make the park a welcoming and active place for all to visit.

“A key ingredient to this success has been working with community groups and partner organisations – something which we will build on for the future.”

Artists in residence Rob Mullholland and James Winnet helped bring the woodland park to life with sculptures and unique artwork.

Ian Manson, chief executive of Clyde Gateway, said: “For Clyde Gateway, this is regeneration. The quality and variety of facilities in the park are proving to be amazingly popular with local residents and those from further afield, with the visitor numbers up there with some of the best-known attractions in and around the city.”

(from left) Stuart Chalmers (Forest Enterprise Scotland), Tony Fry (Robertson Civil Engineering), Lynne Valentine (Clyde Gateway), Joneen Clarke (Forest Enterprise Scotland), Joe King (Robertson Civil Engineering), Henry Dempsey (Glasgow City Council), Trevor Graham (Pick Everard), Gary Porter (Robertson Civil Engineering) and Connell Mohan (Robertson Civil Engineering)

(from left) Stuart Chalmers (Forest Enterprise Scotland), Tony Fry (Robertson Civil Engineering), Lynne Valentine (Clyde Gateway), Joneen Clarke (Forest Enterprise Scotland), Joe King (Robertson Civil Engineering), Henry Dempsey (Glasgow City Council), Trevor Graham (Pick Everard), Gary Porter (Robertson Civil Engineering) and Connell Mohan (Robertson Civil Engineering)

Mark Robinson, Scape Group chief executive, added: “It is great to see such fantastic collaboration between Robertson, Clyde Gateway and Forest Enterprise Scotland to deliver new outdoor facilities for the local community.

“By using the Scape National Major Works framework, the local council ensured the project was not only delivered in the most cost effective way, but also contributed to the local economy by using local suppliers and providing employment opportunities for local people.”

Cuningar Loop Woodland Park forms a key part of the wider economic regeneration of the Glasgow and South Lanarkshire area. It is one of 14 Commonwealth Woodlands around Glasgow.

The park’s development is also part of the Scottish Government’s Central Scotland Green Network (CSGN) project which is boosting economic regeneration and making the central belt a more attractive place to live in, do business and visit.

Blog: Bringing private and social housing together can be the key to successful regeneration

John Gallacher

John Gallacher at the Athletes’ Village development in Dalmarnock

John Gallacher champions the use of mixed tenure developments to create thriving and sustainable communities as he looks back on four decades spent in the housing industry.

In March I will retire after a 40 year career in housing – a vocation which has given me the chance to make a difference on issues I’ve felt passionate about, like urban regeneration and economic growth and although I am looking forward to retirement, I will also miss my work immensely.

Leaving a much-loved job has inspired a bit of reflection on what has changed in Scottish housing over the course of my career. One of the biggest differences between now and then is the demographics of housing. Today, Scottish Government figures indicate only 23% of people live in social housing – in 1980 this figure was 60% and social housing was seen as a way of offering affordable, secure accommodation to all. Political parties agreed on its importance, and there was little or no stigma attached. Now, after a generation where most people owned their homes, due to the challenging financial climate, we see younger people returning to social renting.

The problem is building enough of these homes. Over half a million social homes were sold off under Right to Buy policy, but for every three sold, only one was built in replacement. Since the global financial crisis, housebuilding levels have stayed low, leaving thousands of people on waiting lists for secure, affordable homes. For future generations, we as a society must invest in providing high quality homes for social rental, as well as affordable housing to buy.

Much of my career has been spent working on developments that brought together a mix of social housing and affordable homes for sale including more than 75 partnership projects, working with councils and housing associations in some of Scotland’s most challenging areas. By building affordable, high quality, energy efficient developments with facilities, amenities and transport links, we ensured that these developments became thriving and sustainable communities. My work to create successful mixed tenure communities was a major factor in earning me a place on the recently published, Inside Housing’s Scottish Leaders List, of which I am immensely proud.

Mixed tenure developments are relatively commonplace now, encouraged by Government policy, but back in the day they were often met with scepticism. In the 1990s, Cruden was responsible for the first mixed tenure developments of private homes built alongside social housing in Glasgow’s Castlemilk. Despite the many doubters the project was so successful we went on to build more than 600 homes for sale and 450 homes for social rent, and this work is credited as playing a vital part in Castlemilk’s transformation.

In Govan, we delivered 290 homes for rent along with 85 homes for sale as part of the Central Govan Action Plan – a £120 million regeneration initiative. We co-ordinated a team of socially-committed partners, which included Glasgow City Council, Glasgow South West Regeneration Agency, housing associations and credit unions to develop the Unique Property Solutions model. This was a package of bespoke mortgage products and support services designed to help first-time buyers overcome their financial obstacles. More than 90% of the private properties were sold to first-time buyers who benefited from either UPS or the Scottish Government’s LIFT scheme.

I can’t possibly talk about career highlights without mentioning the Glasgow 2014 Commonwealth Games Athletes’ Village. As part of the City Legacy consortium that developed The Village, I have just had the huge pleasure of receiving a Queen’s Award for Enterprise. Better than any award, though, is what The Village has done for Glasgow’s east end. With 400 homes for social rental and 300 private homes all fully occupied, and residents benefitting from the nearby sporting and community facilities as well as a district heating system, the Village tangibly demonstrates what a success high-quality mixed-tenure housing can be.

I believe that housing brings with it the most important element of regeneration – people, and that mixed-tenure projects bring people from a variety of social and economic backgrounds together. And that, I strongly believe, is how real communities are built.

  • John Gallacher MBE, is the former managing director of Cruden Estates and a director of City Legacy and chairman of Clyde Gateway Development Company Ltd

Harris Finance to invest further £4m at Rutherglen Links Business Park

Rutherglen Links Business Park

Rutherglen Links Business Park

Harris Finance, whose commercial property division has recently completed the development of two speculative industrial units at Clyde Gateway’s Rutherglen Links Business Park, has announced the purchase of a further four plots at the development.

The company bought the 2.5 acre Plot C in 2016 and has since invested £2.5 million in building two high quality speculative industrial/hybrid units of 20,000 sq. ft. and 10,000 sq. ft. respectively which have the potential to create 55 jobs for the local community. These units, which are now ready for immediate occupation, have already generated encouraging levels of interest from potential tenants.

Harris Finance has now confirmed the purchase of the entire upper platform comprising of Plots D, E, F and G, where they will invest a further £4.2m in building a further 53,000 sq. ft. of speculative industrial units thereby creating a further 80 jobs.

A family company based in Dalmarnock, the property division of Harris Finance has a successful local track record in speculatively building new commercial properties as well as refurbishing existing properties and in doing so the company has already brought more than 50 jobs to the Clyde Gateway area to date.

Harris FinanceHarris Finance will commence development works on another speculative 13,000 sq. ft. industrial unit on Plot D within the coming weeks after which development will move onto Plots E, F and G with the final configuration of these remaining plots and the planned 40,000 sq. ft of industrial space to be driven by market demand.

Ian Manson, chief executive of Clyde Gateway, said: “This further private sector investment at Rutherglen Links is a real vote of confidence in the location and the wider Clyde Gateway area.  Harris Finance already has a successful track record here, with its development of Plot C, and I have no doubt that that their long term commitment to Rutherglen Links Business Park will act as a catalyst as Clyde Gateway is fast becoming a preferred location for high growth companies in manufacturing, industrial and engineering sectors.”

Ross Harris, of Harris Finance, added: “We are pleased with the number of enquiries we’ve received for the first two buildings on Plot C at Rutherglen Links Business Park.  Our additional commitment to develop the entire Upper Platform at Rutherglen Links is our vote of confidence in the work to transform the Clyde Gateway into the best place to do business in the city.  In addition to the two buildings we have completed on Plot C, we are about to begin work to develop a speculative, high profile, 13,000 sq ft industrial building on Plot D which will have excellent visibility from the adjacent M74 motorway.

“We are confident that the strength of the location of Rutherglen Links Business Park combined with its excellent transport links and the high quality infrastructure and industrial buildings we are delivering will attract the best Companies to Rutherglen Links.  We hope to be able to announce our first major letting shortly.”

Clyde Gateway was established to carry out the regeneration of 840 hectares across the east end of Glasgow and South Lanarkshire. Working in partnership with Glasgow City Council, South Lanarkshire Council, Scottish Enterprise and the Scottish Government, Clyde Gateway is driving forward £1.5 billion of private sector investment to establish this area as a hub of business activity.