Private investment partnership could drive 1,500-home development in Springburn

Glasgow City Council is set to explore a pioneering public-private partnership that could see up to 1,500 new homes built in Springburn over the next decade, transforming one of the city’s most longstanding derelict sites.
A report going before the council’s administration committee this week recommends approval for negotiations to begin on forming an investment partnership with Aviva Capital Partners and the Scottish National Investment Bank (SNIB) to develop the former Cowlairs site between Possilpark and Springburn.
The proposal comes as Glasgow continues to respond to its housing emergency, declared in 2023 amid escalating homelessness pressures, a shortage of social housing, and the impacts of UK asylum policy. The council’s Housing Emergency Action Plan outlines commitments to increase housing supply, bring empty homes back into use, and work closely with registered social landlords to meet urgent need.
The Cowlairs site, once home to red blaes football pitches, tenement housing, and a primary school, has lain largely vacant for nearly three decades. Earlier plans in 2019 for an 850-home development backed by £2 million of City Deal funding failed to progress.
Now, the new partnership model could see 1,500 homes delivered over ten years, forming a “mixed tenure” community that combines social, affordable, and private housing.
In a report to councillors, council leader Susan Aitken said: “By aligning long-term capital with local priorities, these partnerships offer a model that blends financial return with social impact, moving beyond traditional public-private arrangements to deliver inclusive, sustainable development.”
If approved, the partnership would not only accelerate housing delivery but also allow the council to retain a high degree of control over the site’s development. The approach reflects models used in other UK cities, such as Bristol, Newcastle, and Norwich, where institutional investors have backed major regeneration programmes.
The council sees Cowlairs as a cornerstone of its efforts to tackle the housing emergency while revitalising post-industrial communities.
Cllr Aitken said: “Bringing up to 1,500 new homes to Glasgow will assist with our response to the housing emergency, but it will also continue our work of transforming parts of the city left behind by the loss of Glasgow’s industry.
“A pioneering partnership such as this is a first for Scotland - an innovation that will deliver for Glasgow.”
Cllr Aitken said the nature of the site demands significant upfront investment: “This partnership with a major institutional investor and the Scottish National Investment Bank will transform a huge area of land that has been derelict for decades into an entire new city community.
“Aviva are a household name, with a track record in unlocking challenging sites elsewhere in the UK. That makes them an ideal partner for Glasgow, where we have so much post-industrial land in need of the right kinds of intervention. Sites like Cowlairs need substantial enabling investment before they can be brought back into use, which makes SNIB a crucial third player in this partnership.”
Cowlairs is one of five major regeneration zones across north Glasgow, alongside Sighthill, Dundashill, Hamiltonhill, and Possilpark, which together are expected to deliver more than 3,200 new homes.
The council believes the Cowlairs development will help strengthen Possilpark’s role as a local town centre, supporting new amenities, retail opportunities, and public services while bringing much-needed housing and investment to the area.
If councillors give the go-ahead this week, the council will move forward with negotiations and bring a detailed report back to committee later this year.