Construction is progressing at three new units at Clyde Gateway East in the east end of Glasgow after a Scottish Government minister officially broke ground today. Joe FitzPatrick MSP, Minister for Local Government Empowerment and Planning, had the honour of the first spade in the ground and hailed the investment as a shot in the arm for the Glasgow economy.
The business park is Glasgow’s newest advanced manufacturing destination, is just ten minutes from Glasgow city centre and has already attracted international businesses such as Glacier Energy Services, Torishima Service Solutions Europe, Network Rail and BT Open Reach.
Work begins only a few months after a Memorandum of Understanding (MoU) between Scottish Enterprise and Clyde Gateway was signed, aimed at unlocking investment, including the £2.4m of funding to develop the three new units. The units are on course to be completed in Summer 2024.
Overall the MoU hopes to leverage up to £16m of support from Scottish Enterprise towards a planned £60m construction programme over the next five years, with £4m funding from the Scottish Government’s Regeneration Capital Grant Fund and £950,000 from Glasgow City Council’s Vacant and Derelict Land Fund.
The three new units will total 57,791 sq ft of high specification space with car, EV and cycle parking. Each unit includes secure yardage, low energy lighting, air source heat pumps, PV panels on the roof and a fibre connection. The buildings will be able to access a ‘Smart Grid’, improving the efficiency, reliability and economics of an organisation’s needs.
This far in advance of practical completion there may be the opportunity for bespoke modifications to meet specific occupier requirements. A design team is on hand to assist.
The business park lies within an area qualifying for Tier 2 Regional Selective Assistance meaning that occupants could be eligible for a contribution of up to 35% towards establishing a new manufacturing facility there.
The investment is being led by Clyde Gateway, Scotland’s most ambitious regeneration programme, which is transforming land in the east end of Glasgow and Rutherglen into desirable places for businesses to invest and people to live.
Joe FitzPatrick MSP, Minister for Local Government Empowerment and Planning, said: “I was delighted to have the opportunity to visit Clyde Gateway to see the transformation that has taken place in the area over recent years and help to break ground on these new industrial units.
“The Scottish Government recognises Clyde Gateway is an excellent example of place-based regeneration and we have provided almost £5 million from the Regeneration Capital Grant Fund and the Vacant and Derelict Land Fund to support this latest development.
“We are committed to investing in local communities to prepare them for a sustainable future. Clyde Gateway will create significant job opportunities for local people in the east end of Glasgow, helping to mitigate the impact of the closure of the McVitie’s biscuit factory at Tollcross.”
Martin McKay, Chief Executive of Clyde Gateway, said: “We have been working at pace to take this MoU with Scottish Enterprise and turn it into real world investment in a very short space of time.
“So far Clyde Gateway East has been fully let to a range of high calibre manufacturers and businesses and these new units will lead to more investment into the east end of Glasgow and create more high quality jobs.
“Businesses are understandably more and more conscious of their commitment to a wellbeing economy and these buildings have been designed with this in mind.
Gillian Adam, Head of Innovation and Place at Scottish Enterprise, said: “Advanced manufacturing will be one of Scotland’s key industries of the future and will help deliver future prosperity for our communities. Scottish Enterprise is working with our partners to help create an environment in which it can thrive.
“We have been working with Clyde Gateway to deliver this investment at Clyde Gateway East and we are delighted with how quickly the construction is going ahead.”