Major Grade A office scheme to start work on site

12 Feb 2018

BAMTCP Atlantic Square, the joint venture between BAM Properties and TCP Developments, and LGIM Real Assets (Legal & General) has confirmed  work begins in March 2018 on the development of circa 284,000 sq. ft. of prime Grade A office space at Atlantic Square, Argyle Street, in the heart of Glasgow's IFSD. 

HM Revenue and Customs (HMRC) is leasing the new ten storey Building 1 at Atlantic Square for a minimum of 20 years, taking an estimated 187,205 sq. ft. of office space, eventually accommodating around 2,700 employees by 2021.

In a further major boost for the Glasgow office market, BAM TCP Atlantic Square is also speculatively developing Building 2, 96,650 sq. ft. of high-quality office space, ready for occupation in 2020.

Jon Brand, representing Taylor Clark Limited on the JV board, said: "After a 10 year association with the Atlantic Square site, we are now able to see the development fulfil a strategic role within the Broomielaw district, identified by Glasgow City Council as a key location for future office and commercial development. We are excited about the future of the Atlantic Square project which further enhances the infrastructure and employment opportunities in this area."