THE developer behind the £450 million Belfast Waterside development has teamed up with Co Tyrone construction firm McAleer & Rushe for another major waterside project, this time in Glasgow.
Osborne+Co and MRP, the investment arm of the Cookstown-based builder, have announced their joint bid to erect 700 dwellings on Glasgow’s Lancefield Quay.
The early plans provide for 400 build-to-rent homes, and 300 private properties on the site along the River Clyde, close to the landmark SEC Armadillo and Hydro buildings.
The developers said they intend to submit a planning application to Glasgow City Council in the spring, but a consultation process will go live on Thursday.
Osborne+Co is one of the key investors in the massive Belfast Waterside project, which could see hundreds of apartments built on the 16-acre site of the former Sirocco Works along the River Lagan.
Headed by headed by Dundalk native Jim Osborne, developer said up to 8,000 jobs could eventually be based at the site, in a series of office buildings.
Outline planning permission was granted by Belfast City Council in early July 2020.
Commenting on the Osborne+Co’s latest waterfront project in Glasgow, Will Hean from the firm said: “Our vision for Lancefield Quay is to deliver a sustainable community with an emphasis on high-quality housing that is coupled with well-planned, inclusive spaces.
“Our proposals are at an early stage but we have developed them with a focus on regeneration and providing important housing. We are very much looking forward to showing local people how we feel we can enhance the area and to capturing their views.
“Osborne+Co has already demonstrated its commitment to Glasgow, through our development on Argyle Street and our Met Tower project which recently achieved planning consent.”
Meanwhile McAleer & Rushe have been awarded the contract to build the £47m City Square House in Leeds.
In what has been reported as the will house law firm DLA Piper, and is the largest private sector pre-let deal in Leeds in the last 20 years, the 12-storey city centre office building will house law firm DLA Piper.
Designed by Todd Architects, construction is due to get underway in May, with completion targeted for the fourth quarter of 2023.
