Planning Consent for Atlantic Square

Glasgow City Council has granted planning permission to BAM Properties and Taylor Clark Properties to develop Atlantic Square, one of the city's largest Grade-A office developments, in Glasgow's Broomielaw.

The new development will comprise three separate buildings including the retained façade of an A-listed warehouse building. Building 1 will span ten storeys, providing 180,000 sq ft of offices, Building 2 will comprise 95,000 sq ft across six floors and Building 3 will have 15,000 sq ft of retail and residential accommodation. 

The development is expected to have an end value of more than £100 million and support up to 2,750 jobs. Mark Broderick, Development Director Scotland, BAM Properties, said: "There is no doubt that there is an appetite in the city for Grade A office development and despite significant investment recently, demand is still greater than supply so we're confident Atlantic Square will be an attractive offering for potential occupiers".

Letting agents for the development are Cushman and Wakefield.  Its recent report on the Glasgow office market predicted a healthy office market in the city for the second half of 2015 after a first half which saw letting volumes of 228,500 sq ft, 13% above the 5 year average.