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.