Tiger's attention turns to Glasgow
By JIM DOW
TIGER Developments, despite being immersed in its £200 million development of the former Morrison Street goods yard at Haymarket, has turned its attention to Glasgow with plans for a major 358,000 sq ft office development.
The company has purchased, from a private investor, a derelict, ten-acre brown field site on Scotland Street that currently houses a number of dilapidated industrial buildings and has lain inactive for over 15 years. The site also includes the Scotland Street School Museum but it will not be affected by the development.
Subject to planning, Tiger proposes a £100 million scheme incorporating 358,000 square feet of office space, 130-bed hotel and ancillary retail units. The A-listed museum, which is separately owned, will stay intact.
“Our extensive plans will see the creation of a key business hub in a growing area of the city, close to a major transport interchange and the planned M74 extension,” said Tiger managing director John Nesbitt.
Mike Buchan, a director with Jones Lang LaSalle in Glasgow , which has been appointed to market the site along with Sanders Cartwright, said: "Tiger's development will transform this area of Glasgow into a significant centre for business in the city.
" Scotland Street will offer significant opportunities for both investment and office use and will continue the momentum that we are already seeing in this area of the city."
Graham Sanders, from Sanders Cartwright, added: "Tiger is keen to help inject new life into a once derelict site, this development will also benefit from enviable transport links from the adjacent park and ride scheme, M8 motorway, Shields Road underground station and the impending M74 extension."
Cooper Cromar Architects has been appointed to undertake a master plan and density feasibility study for the site. An outline planning application is due to be submitted before the end of the year.
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