Following nine months of detailed pre-application discussions with Glasgow City Council (GCC), a planning application for the proposed Candleriggs Quarter mixed-use regeneration scheme has been submitted by Candleriggs Limited, comprising a 50/50 joint venture between the investment arm of Mace and funds managed by Mercer Real Estate Partners.
The proposed development on a 1.49ha site, bounded by Wilson Street, Hutcheson Street, Candleriggs and Trongate, has lain derelict following the closure of the Goldbergs store and was partly cleared of buildings last year to tidy up the area ready for the 2014 Commonwealth Games.
The development proposes a mix of residential uses above a ground floor of retail, food and drink, and commercial arranged around extensive new public realm. #S!
Mike Myles, Development Director for Mace, said: "We are delighted to maintain the momentum on the site and move the proposed scheme to the next stage following an extensive period of pre-application planning discussions. We have worked hard over the past six months with Glasgow City Council and local stakeholders to design a scheme which we believe will positively contribute to the already successful Merchant City."
The principle uses of the site include 135 apartments to the north east corner (Wilson Street/Candleriggs) of the site and the new public square. Some 377 rental apartments are planned along Candleriggs and to Trongate with a 124-room boutique hotel and a 597 bed student accommodation block to the west of the site fronting Hutcheson Street plus 57,000 sq ft of ground floor 'high street' and 'food and beverage retail to Trongate, Candleriggs, Wilson Street. Finally there will be 25,000 sq ft of ground floor public spaces including a new central square "Brunswick Place", a new diagonal South West - North East route connecting Argyll Street/Trongate through to Merchant Square and City Halls and a new South East route opposite the pedestrian lane New Wynd to the square.
David Grover, CEO Mace Investments, said: "We are extremely excited with the plans that have been developed so far which we believe provides a comprehensive mixed used scheme that will cater for all age groups. We very much see this as a place that people will want to live, shop and relax and look forward to moving the development to the delivery stage".
A decision on the application is likely to be made summer 2015 with the works likely to commence spring 2016.