Osborne submits plans for major office development

30 Oct 2018

The regeneration of a key site in the IFSD has taken a significant step forward with the submission of a detailed planning application by Osborne and Co for a 283,000 sq ft Grade A office development.

Capable of accommodating up to 4,000 people, the site, formerly the location of the proposed Jumeirah Hotel, is on the south side of Argyle Street, bordered by Robertson and York Streets.

If approved, a £95m investment by Osborne will deliver the first major activity on this prime site in more than twenty years.

Will Hean, Development Director (Scotland), Osborne and Co, said: "We want to deliver an office building that will add value for the city of Glasgow: providing the business community with a quality environment to thrive, a quality product to attract global occupiers and a quality regeneration of a large swath of the IFSD."

Conor Osborne, Osborne and Co director, added: "Our new development would deliver a meaningful boost to the local economy, with jobs in construction and local apprenticeships, improvements to the city's infrastructure - including supporting the Argyle Street 'Avenues' project and the surrounding cityscape."

Osborne and Co is the new global delivery vehicle for property developed by Vanguard Real Estate.