Commercial and Residential
In Glasgow city centre, the International Financial Services District (IFSD) has been set up to attract new financial companies to the city. The IFSD, a joint partnership led by Scottish Enterprise and Glasgow City Council, has created almost two million square feet of new Grade ‘A’ office accommodation in the centre of the city. Since the launch of the project in 2001, over 15,000 new jobs have moved into the area, and over £1 billion has been invested.
Braehead, on the south side of the river at Renfrew, includes a large shopping centre and new businesses continue to move into the area. Business parks are growing, the town of Renfrew is being regenerated, and a number of leading house builders are creating 2,000 new homes at Ferry Village, close to the Xscape leisure development.
Glasgow’s Digital Media Quarter at Pacific Quay is now home to the headquarters of BBC Scotland, with three major studio spaces, including "Studio A", the largest television studio outside London. The nearby Medius and Hub buildings, provide further opportunities for Scotland’s digital media industries.
Back on the north side of the river, the first phase of the £1.2 billion residential development at Glasgow Harbour is almost entirely sold out. The second phase of housing, GH20, will provide a further 800 apartments, with many already sold and occupied.
Down the river at Clydebank, students at Clydebank College started the 2007/08 academic year in brand new purpose-built accommodation overlooking the river. Forty years ago the John Brown Shipyards were the site for the construction of the QE2. Now the area at Queens Quay has been transformed into a college campus, with adjacent business park accommodation.
Read more about this topic: Clyde Waterfront Regeneration, Projects
Famous quotes containing the words commercial and, commercial and/or residential:
“Electronic aids, particularly domestic computers, will help the inner migration, the opting out of reality. Reality is no longer going to be the stuff out there, but the stuff inside your head. It’s going to be commercial and nasty at the same time.”
—J.G. (James Graham)
“A commercial society whose members are essentially ascetic and indifferent in social ritual has to be provided with blueprints and specifications for evoking the right tone for every occasion.”
—Marshall McLuhan (1911–1980)
“[The Republicans] offer ... a detailed agenda for national renewal.... [On] reducing illegitimacy ... the state will use ... funds for programs to reduce out-of-wedlock pregnancies, to promote adoption, to establish and operate children’s group homes, to establish and operate residential group homes for unwed mothers, or for any purpose the state deems appropriate. None of the taxpayer funds may be used for abortion services or abortion counseling.”
—Newt Gingrich (b. 1943)