Clearbell launches Glasgow office redevelopment 

By
BE News Team

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Clearbell Capital has launched a circa £100m office redevelopment in Glasgow.

The company is seeking tenants for the One Five Zero St Vincent Street scheme, which offers 146,942 sq ft of Grade A space over basement, ground and nine upper storeys.

Sustainability has been at the heart of the redevelopment, with Clearbell targeting net zero carbon in operation, NABERS 5* and BREEAM Outstanding ratings for the building. The retrofit will also focus on minimising embodied carbon, through the retention and repurposing of the existing structure and superstructure.

In addition to providing terrace space of more than 7,500 sq ft, One Five Zero St Vincent Street will feature a gym, yoga studio, library, cinema and auditorium.

Manish Chande, senior partner at Clearbell Capital, said: “From the outset, sustainability has been our guiding principle for the redevelopment project of One Five Zero St Vincent Street. The Glasgow office market is undergoing significant change, with businesses demanding forward-thinking, energy-efficient workspaces that can meet modern needs.

“This project is designed to not only meet those demands but also set a new benchmark in the city. By combining sustainability with state-of-the-art amenities, we are creating a workspace that will attract progressive businesses and set a new standard for office developments in Glasgow, while also addressing the chronic undersupply that the city is currently facing.”

Clearbell has appointed JLL and Avison Young as joint letting agents for the scheme.

Alistair Reid, head of JLL Glasgow and director, national office agency, said: “One Five Zero St Vincent Street is unlike anything we’ve seen in the Glasgow office market before, so it’s incredibly exciting to be able to bring this opportunity to market. Once complete, the building will provide the ideal space for forward-thinking, employee-centric businesses looking to make their mark on the city.”

Michael Facenna, director, agency and transactions, at Avison Young, added: “With high-quality workspace in scarce supply in the city at the moment, we have no doubt that One Five Zero St Vincent Street is going to be incredibly popular. There really isn’t anything else like this available in terms of quality, central location and access to skills and talent, and sustainability.”

The project team includes BAM, Sheppard Robson, Woolgar Hunter, iceni, Atelier 10 and Adams Consulting Group (project.

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