Two appointments signal Scottish intent at Osborne+Co
Global property development and investment firm Osborne+Co has appointed two new team members in a strategic move as the firm reinforces its commitment to investment in Scotland.
Scott Easton joins the company as development manager following six years at Core Five LLP where he successfully delivered cost management and procurement services across a broad range of complex projects.
Gary McIlwraith has been appointed as deputy project director following a four-year stint at Unite Students where he held the position of development manager, taking numerous student accommodation projects from conception to completion. Gary and Scott will work together to ensure the smooth delivery of the Met Tower project in Glasgow which secured planning consent at the beginning of this year.
Osborne+Co said the appointments are testament to the firm’s strategy to increase its presence in Scotland. The company has already positioned itself as a major stakeholder in Glasgow and is actively looking for further opportunities both within the city and other regions which are aligned with its investment criteria.
Will Hean, development director at Osborne+Co, said: “Scott and Gary bring a great deal of expertise and knowledge and will provide much needed resource to our team, particularly as we embark on the transformation of the Met Tower.
“As an agile and collaborative investor, we are primed to explore more opportunities in the Scottish market, particularly in innovative and forward-looking cities that welcome growth. We are looking forward to building our portfolio of projects through the delivery of high-quality developments that prioritise people.”
At the start of the year, Osborne+Co received planning permission from Glasgow City Council to transform the city’s iconic Met Tower to provide 120,000 sq ft of Grade A office accommodation as part of a significant mixed-use development with hotel and retail offerings.
On completion, the state-of-the-art refurbishment will represent a £100 million investment from the firm and is expected to attract a significant number of tenants in the tech sector, given its proximity to the Glasgow City Innovation District and neighbouring University of Strathclyde.
Osborne+Co is also responsible for a significant development on Argyle Street which will create 270,000 sq ft of Grade A and become JP Morgan Chase and Co’s European Technology Hub, accommodating up to 2,700 staff.
In a joint venture with MRP - the property development and investment division of construction company McAleer & Rushe – Osborne+Co has submitted a Pre-Application Notice to Glasgow City Council to deliver a sustainable 700-home development at Lancefield Quay. An ambitious masterplan to regenerate the four-acre would link with the Scottish Entertainment Campus and Media Quarter as well as the thriving Finnieston area and also offer commercial offerings.