Plans have been submitted for the £250m Charing Cross Gateway regeneration project in Glasgow.
CXG Glasgow, a subsidiary of Tracey Investments and owners of the Venlaw building and Elmbank Gardens, in conjunction with the owners of 300 Bath Street, have submitted a planning application for the site, which sits to the west of the city centre.
The plans are split into two phases, the first of which covers proposals for student accommodation and the provision of a healthcare/GP surgery facility. Phase two envisages a mixed-tenure development of residential, new office space and a hotel. The masterplan has been drawn up by architectural practice Michael Laird Architects.
Stuart Patrick, chief executive of Glasgow Chamber of Commerce, said: “The city’s three main universities have confirmed a strategic aim to grow their student numbers in the years ahead and accommodation has to expand in line with that, especially when you consider how limited the options are at the moment. A development like this caters for that need while plugging into ongoing plans to transform a key part of the city’s traditional retail and hospitality artery.
“It’s no secret that Sauchiehall Street has seen better days, and this application presents an opportunity to galvanise an iconic area of the city and re-establish it as a dynamic accommodation and business hub.”
