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17/06/2009

Clyde Waterfront – flowing with opportunities

The River Clyde’s revitalisation continues to buck most economic trends, with 65 percent of the 200 plus developments announced to date complete or under construction, creating many opportunities for businesses and the public alike

 

With £5-6bn public and private investment planned over 20-25 years, Clyde Waterfront Strategic Partnership facilitates and promotes the Clyde’s regeneration from Glasgow city centre to Dumbarton, potentially creating 50,000 new jobs, 24,000 new homes and 900,000sq m of new commercial space by 2027/8.

Due to Clyde Waterfront’s scale, it is sub-divided into six key character areas namely:- Glasgow City Centre, SECC/Pacific Quay, Greater Govan & Glasgow Harbour, Renfrewshire Riverside & Scotstoun, Clydebank & Erskine and Old Kilpatrick to Dumbarton. Within these areas are several centres of excellence, for example:-

  • Financial services in Scotland have been enhanced by the development of Glasgow’s multi award winning International Financial Services District (IFSD
  • ifsdglasgow.co.uk). With over £1bn invested to date, the IFSD has attracted several world class financial services companies, creating 16,000 new jobs since 2001.


The digital sector is thriving in Glasgow at Pacific Quay (dmq@pacificquay) with the relocation of SMG (2006) and BBC Scotland (2007) into purpose built broadcasting centres and the development of Medius (2008) and the Hub (2009), providing smaller units for digital media SMEs – linked to the city centre by the Clyde Arc “Squinty” bridge.

Shipbuilding BVT Surface Fleet’s two yards in Govan and Scotstoun are currently recruiting 100 apprentices to join the 3,500 strong workforce to build £650m Type 45 Destroyers and two new 65,000 ton aircraft carriers for the MoD, over the next six-eight years.

Medical science will be boosted by the £842m re-development of the Southern General Hospital, expanding the maternity hospital and two new hospitals to provide 1,700 beds and capacity for 725,000 patients a year.
 
Leisure and tourism new attractions such as the £74m Riverside Museum and 12,500 seat National Arena will grow tourism, whilst the Glasgow Science Centre, Xscape, the Titan Crane and Loch Lomond Seaplanes have all become very popular since opening.

Major hotel developments are also planned e.g. the recently announced five star deluxe £125m Jumeriah Hotel close to the IFSD. The Glasgow Festival on the Clyde (July 25-26), with a host of water based activities, has become a leading event in Scotland’s calendar.

Retail at Clyde Waterfront boasts some of the best destinations in the UK. Braehead now has over 100 stores and restaurants, attracting 20 million customers a year. Glasgow’s Buchanan Street has been voted the best shopping street in Britain and nearby the St Enoch’s Centre is undergoing a £100m refurbishment.

New homes and attractive environments are integral to Clyde Waterfront’s plans. Glasgow Harbour’s £1.2bn riverside apartments and leisure developments epitomise waterfront living and the new Ferry Village near Braehead, involving six developers, is creating 2,000 homes beside the new Clyde View park.

Education is imperative as an innovative resource (clydewaterfronteducation.com) has been developed offering teachers 200 lesson plans linking 12 Clyde themes with the Scottish curriculum as well as “Classroom on the Clyde” school trips on Clyde Marine’s MV Cruiser which started in May.

And a “Visit the Clyde” initiative was launched recently comprising a new 28 page heritage guide and website (clydewaterfrontheritage.com) that  focuses on 12 areas from Glasgow Green to Dumbarton, an advertising campaign on public transport that contrasts the Clyde’s heritage with its regeneration and the promotion of river trips via Seaforce’s powerboats, Clyde Marine’s MV Cruiser and The Waverley Paddle Steamer.

Clyde Waterfront is making the most of its skilled workforce, excellent communications and new infrastructure to develop an international waterfront location that appeals to investors, businesses and the public.

Contact information:
Clyde Waterfront, 4th Floor, Atrium Court
50 Waterloo Street, Glasgow G2 6HQ
0141 229 5423
www.clydewaterfront.com  

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