City of Glasgow College construction date set
January 25 2012huge new college in Glasgow has been slated for the summer of 2013 following a decision by the Scottish Government to commence procurement works.
This has seen the design, build, finance and maintenance costs associated with the build handed to a private sector special purpose company which will work with the College to ensure capital costs are repaid over a 25 year period through a “unitary charge” applied following completion.
The Scottish Funding Council have committed up to £193m to the project with a further £5.67m being invested directly by the college.
80% of the required accommodation will be built on the site of the existing Allan Glen building in a new build block fronting Cathedral Street, designed by Atkins..
It is projected that this development alone could introduce up to 10% of additional pedestrian activity to the once bustling thoroughfare, linking the medieval High Street to the commercial core.
The scheme is scheduled to be delivered by 2016.