Sovereign Centros has submitted plans for its reimagining of the St Enoch Centre in Glasgow.
The outline masterplan proposes a revitalised shopping and leisure offer, up to 1,700 homes, new offices and a four-star hotel.
Guy Beaumont, director at Sovereign Centros, said: “A great deal of effort has been invested into the creation of this masterplan, which reflects extensive engagement with key stakeholders across the city. We have been clear that there is still a lot of detail to be developed and this is the start of a long journey, however we are confident what we have set out represents an excellent contribution to the city and will future-proof the site.”
When the property developer and asset manager secures consent for the outline masterplan, more detailed proposals will be prepared for consultation.
It has already held two public consultations, inviting the community to find out more about its long-term vision for the centre, which will be sustainably developed over the next 15-20 years.
Following the first public consultation, proposals were revisited to include widened streets, increased daylight and a public square. This ensured more breakout space and better connectivity to the retail and leisure offer and neighbouring parts of the city.
Sovereign Centros also recently submitted a change of use application for the upper floors of the former Debenhams building, which is currently vacant. The space would be transformed into flexible office space, complemented by a rooftop restaurant.
Stuart Patrick, chief executive of the Glasgow Chamber of Commerce, added: “The plans proposed by Sovereign Centros are a vote of confidence for Glasgow in the face of a changing retail landscape, and it is encouraging to see those plans set out a mixed-use development that expands leisure activities as well as workspace and residential.”
Discover which agents are shifting the most space in the Sottish retail market >>
To send feedback, e-mail piers.wehner@eg.co.uk or tweet @PiersWehner or @EGPropertyNews
