Scotland business

Glasgow set for major office development

Computer generated image of planned St Vincent Plaza
Image caption St Vincent Plaza is expected to be completed ahead of the 2014 Glasgow Commonwealth Games

A commercial property firm has announced a multi-million pound office development for Glasgow city centre.

Abstract (Glasgow) Ltd is to build 170,000sq ft of 'Grade A' office space after acquiring a site on St Vincent Street.

The speculative development has been named provisionally as St Vincent Plaza.

The building will comprise basement, ground and 10 upper floors together with 78 car parking spaces.

A detailed planning application has been submitted, following extensive discussions with Glasgow City Council.

Construction is expected to start in the spring and complete in the third quarter of 2013, ahead of Glasgow's Commonwealth Games the following year.

Abstract development director Christopher McPherson said St Vincent Plaza would feature flexible, virtually column-free floorplates of 17,000 sq ft, and a penthouse level with terrace.

He added: "It will provide the most efficient and environmentally friendly office accommodation in the city and will be delivered into a market where available 'Grade A' supply has all but disappeared."

St Vincent Plaza has been designed by Glasgow-based Keppie Design.

Bowmer and Kirkland has been appointed contractor.

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