Cala Management and Celeros FT have secured planning permission for a 254-home residential development in Cathcart, Glasgow.
The Foundry will include a mix of one-, two- and three-bedroom apartments in addition to bespoke two- and three-bedroom penthouses across a 5.87-acre site.
The site is owned by Celeros FT, which used it for its ClydeUnion Pumps factory, and the company selected Cala Homes (West) as its development partner in October 2022.
Moray Stewart, land director at Cala Homes (West), said: “Securing planning permission from Glasgow City Council represents a significant milestone for Cala Management as we continue our vision to enhance urban communities with high-quality homes, and it is also a significant investment for Celeros FT.
“Glasgow’s southside is an established residential area, with continued, strong demand for new housing options which The Foundry will help to deliver. Importantly, it also supports Glasgow City Council’s Local Housing Strategy 2023–2028 by creating a connected and sustainable community, that retains Glasgow’s attractiveness as a place for people to live, learn, work and invest.”
Chris McVicker, chief financial officer for Celeros FT, added: “It’s fantastic that the go-ahead has now been given to this new development, which will bring much needed new homes and jobs to the southside of Glasgow. Unlocking this surplus land will enable us to continue to invest in new opportunities for the business and the local economy, building on a heritage of over 135 years of design and manufacturing of pump equipment in Cathcart.
“Innovation has always been key to our success as a business and we are delighted to support Cala’s plans to build a pioneering residential development on this brownfield site, which has biodiversity and sustainability at its heart.”
