£25m investment to transform Custom House Quay

Current proposals would see £25 million Glasgow City Region City Deal funding used to transform Custom House Quay, which sits on the north bank of the Clyde in the city centre between Victoria Bridge and Glasgow Bridge.

Custom House Quay is the City Centre’s main frontage to the River Clyde but it does not currently make the contribution it should towards the council’s aspiration for a multifunctional and vibrant waterfront. Concerns about the structural integrity of the quay wall mean that use of this section of the waterfront for large scale events is discouraged and a lack of attractions means that the area does not benefit from footfall, particularly in the evening.

It is proposed that City Deal funding of approximately £25 million is used to fund the construction of a re-aligned quay wall and provision of development platforms within a high quality public realm setting, enhancing pedestrian and cycle connectivity along the waterfront.

Initial feasibility work has demonstrated that the construction of a new quay wall 20 metres into the river enables the site to accommodate a mixed-use development which retains public access along the river edge and delivers significant public spaces at the axis with Dixon Street and in front of St Andrew’s RC Cathedral.

A mix of residential, hotel and commercial uses with active ground floor uses such as bars and restaurants will generate footfall and offer the level of passive surveillance necessary to ensure the area achieves its full potential as an attractive waterfront destination for Glasgow’s citizens and visitors to the area.

Soft market-testing indicated significant developer interest on Custom House Quay as a development opportunity. The redevelopment of this site would be expected to act as a catalyst for other regeneration projects on the Clyde.

The council recently consulted on the Strategic Development Framework for the River Clyde, which aims to reposition the river corridor as a vibrant and multi-functional part of Glasgow. These plans are being supported through just over £50million of Glasgow City Region City Deal funding that has been allocated for investment in quay walls on the Clyde between the city centre and the Riverside Museum.

This particular City Deal funding has four specific aims: addressing the structural integrity of quay walls; enhancing pedestrian and cycle connectivity along the waterfront; unlocking the development potential of vacant and derelict land close to the waterfront; and bringing greater vibrancy to the river and its banks.

Councillor Susan Aitken, Leader of Glasgow City Council and Chair of the Glasgow City Region Cabinet, said: “Custom House Quay is very important both in terms of its location on the riverside in the city centre, close to Buchanan Street and St Enoch Square, and as an attractive development opportunity. Glasgow City Region City Deal funding means that its redevelopment can now take place. Investment in strategic sites on the Clyde is currently taking place at Glasgow Harbour and at Tradeston with the Barclays campus, and the development of Custom House Quay would be another step towards realising the full potential of the waterfront.”

Next steps for this planned transformation will be the development of design for the proposal and the submission of an application – supported by a masterplan – for planning permission in principle. Construction is expected to begin in Spring 2022 with completion in Spring 2024.

Read the full news release from Glasgow City Council

    Fill out the form below and one of our experts will contact you. Office hours are Monday - Friday, 9:00 - 17:00.

    Briefly describe how we can help. Please be as specific as you can with your enquiry so that we can efficiently deal with your query.

    Latest News

    Framework to guide city centre development until 2050 adopted

    The Strategic Development Framework (SDF) for Glasgow city centre – the document which will help guide the area’s development...Read More

    Glasgow 3rd most green place to live and work in the UK

    Several Scottish cities have ranked highly in BNP Paribas Real Estate’s top 10 list of green places to live...Read More

    Major Refurbishment Project on Waterfront Building Commences

    • 79,300 sq ft landmark office development 200 Broomielaw undergoing extensive programme of works• Works include installation of touch-free...Read More

    News by Sector

    News Archive

    Email Alerts

    Sign-up to our email updates for the latest investment opportunities and information in Glasgow. Fill out the form below with your email.