Savills Planning secures permission for major mixed-use project in Glasgow

The scheme will deliver up to 250,000 square feet comprising of a combination of distribution, industrial, commercial, storage, retail and hospitality space, with a gross development value of £25 million. Savills has worked closely with project architects 3D Reid in formulating innovative and forward-looking plans to revitalise Queenslie Park.

Savills Associate Ruth Highgate said: “Savills Planning and Development Scotland is delighted to have secured consent for this major project. It unlocks the potential for wider provision of industrial and business use as well as supporting retail, leisure and other commercial uses, which will help improve the overall quality of Queenslie Park. The combination of its location on the M8 east of Glasgow, and the exciting opportunities that can be delivered through this planning consent, will really put Queenslie on the map. This is a significant prospect for both the city of Glasgow and the community living and working in and around Queenslie.”

The 16 acres form part of Warehouse REIT’s wider 56 acre holding at Queenslie Park, including approximately 350,000 sq ft of existing floorspace.

Andrew Bird, managing director of Tilstone Partners, the manager of Warehouse REIT, said: “Securing this permission marks the culmination of over 24 months working closely with a number of stakeholders, ranging from the City Council and local elected members through to existing occupiers and local residence, as well as providing a further example of how the management team continues to extract value from the original portfolio acquired at IPO.”

Mark Lorimer, Associate Director 3DReid said: “In our role as architects and masterplanners, we are thrilled to be part of the Tilstone Partners team for Queenslie Park. The client has a clear vision to transform Queenslie Park, and we very much look forward to helping them realise the full potential of the development.”