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£90m Broomielaw plan ‘will deliver 2500 jobs’£90m Broomielaw plan ‘will deliver 2500 jobs’ (Evening Times)
PLANS have been unveiled for a £90million development which will bring more
than 2500 jobs to Clydeside's 'Wall Street' area.
The Atlantic Quay project will see two office buildings and a six-storey,
150-bedroom hotel built on the site between James Watt Street and York
Street.
A public square will also be created along with shops and leisure facilities
and developers hope to include a health club and conference centre.
The plan, lodged with Glasgow City Council by the Capella Group, is a
key part of the regeneration of the former Broomielaw area -now known
as the Inter-national Financial Services District.
Dubbed "Wall Street on the Clyde" it has attracted 15,000 jobs and major
financial institutions like Barclays, Morgan Stanley and Direct Line since it
was launched in 2001.
The chief executive of the Glasgow-based Capella Group said he wanted
to create a "heart" for the district, formerly made up of warehouses and
built around Broomielaw Quay, the traditional departure point for Clyde
and Irish steamers.
The company is retaining the A-Listed warehouse facade on James Watt
Street, built in the mid-19th century.
In 1968 the street was the scene of a major tragedy when 22 people died
in a fire in an upholstery factory.
James H
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