Swan Group breaks ground at 136-home Glasgow development
Construction work has commenced on a project to deliver 86 houses and 50 flats in Glasgow for the New Avenue Living Fund managed by PfP Capital.
Swan Group has appointed McTaggart Construction to deliver the project which is due to be completed in 4Q of 2025.
The developer successfully redesigned the original 100-unit consented designs to achieve the current 136-unit proposal, meeting PfP’s aspirations.
Phil McGinlay, managing director of Swan Group, said the company is looking forward to working alongside McTaggart Construction and Places for People to combat ever-present housing shortages and deliver essential housing to Glasgow.
He added: “Swan Group’s Royston Road development will be a great addition to Glasgow’s regeneration ambitions, offering residents direct and safe access to the city centre. We are delighted to see the commencement of works on site and is testament to the contributions from all our development partners. We are determined to ensure the continued success of this development through to completion.”
William Kyle, fund director at PfP Capital, said: “PfP Capital are delighted to be working with our development partners Swan Group and McTaggart Construction to deliver new homes on this well-located site. The homes will be a valuable addition to the supply of affordable housing in Glasgow and will provide a range of homes from apartments to family housing.”
Janice Russell, managing director of McTaggart Construction, said: “We are delighted to be working with Swan Group to provide additional quality affordable homes to help alleviate the local housing shortage and support the regeneration of the area. We believe developments like Royston make a positive difference to people’s lives and the local community and we look forward to working with Swan Group to deliver modern, environmentally friendly homes we can all be proud of.
“The project will help secure employment for local subcontractors and provide opportunities for work placements for local young people to learn about construction and the career opportunities it can provide.”
This year has been productive for Swan Group, with construction ongoing at both Newhall Street and Royston Road. The group continues to progress other pipeline sites and opportunities with further sites commencing in the near future increasing the group’s national profile and helping to deliver high-quality housing. Progress has also been made on several pipeline sites including Bowling, Edinburgh Road and Corton, seeing the delivery of over 1,000 new homes.