City Deal to spend £740 million in next five years

29 Jan 2020

The Glasgow City Region City Deal is set to spend £740 million on infrastructure in the next five years.

2019 marked the five year milestone of the £1.13 billion programme, with all 27 projects selected and most underway. Sixteen projects have been completed  by the eight member local authorities, spending over £180 million on infrastructure to date.

In Glasgow, this includes the Tontine Innovation Centre, Glasgow University Imaging Centre of Excellence and the transformation of Sauchiehall Street, the first in a series of 'Avenue' projects in the city.

Over the next five years, a further £740 million will be invested, more than four times the spend to date.

This includes an 'Avenue' transformation in Argyle Street, in the heart of the IFSD and an ambitious urban regeneration scheme at Sighthill, re-connecting with the city centre and opening up the north of the city for growth. Future developments here include an iconic bridge over the M8 motorway.

There's also the first Smart Canal in Europe which will open soon. This combines new technology with the 250 year old Forth and Clyde Canal to mitigate flood risk and unlock 110 hectares in north Glasgow for investment, regeneration and 3,000 new homes.