Keltbray Developments has put a 2.39-acre development site on Finnieston Street, Glasgow, up for sale.
The cleared site benefits from two planning consents for residential-led development. The first consent provides for 394 build-to-rent (BTR) homes across two buildings, while the second allows for a 169-home BTR block alongside a 567-bed purpose-build student accommodation (PBSA) block.
Both schemes incorporate ground floor retail space and residents’ amenities, with the site, which is located within walking distance of the University of Glasgow, offered as a whole or as two separate plots.
David Smith, executive director at CBRE, which alongside Scarlett Land & Development has been appointed to market the opportunity, said: “Finnieston Street offers a rare opportunity to secure a cleared site with planning already in place, in one of Glasgow’s most sought-after neighbourhoods. Finnieston has flourished over the last decade, and with fresh investment planned at the neighbouring SEC, its momentum shows no sign of slowing.
“Opportunities like this, with the very best of the West End on the doorstep, rarely come to market. We are pleased to be marketing what is one of the most compelling development opportunities in Glasgow right now, and we anticipate a strong volume of interest from prospective buyers.”
Will Scarlett, founder and director at Scarlett Land & Development, added: “Whilst there are other consented sites available in Glasgow, the strength of location in Finnieston propels this site to the top of those suitable for living sector uses.”
