ScottishPower approve 14 storey Glasgow HQ plans
July 19 2012Glasgow’s St Vincent Street after the plans were approved by its board of directors.
This follows selection of Helical Bar and Dawn Developments as preferred developer for the site following a competitive tender process.
Under the terms of the agreement Helical Bar will take possession of ScottishPower’s three existing office locations in Cathcart, Yoker and Falkirk to ready them for future redevelopment once the energy giant has consolidated its operations.
Ignacio Galan, ScottishPower Chairman, said: “Our plans in the UK in the coming years require an office complex that is fit for purpose to deliver and manage these investments.
“This new development will ensure Glasgow remains home to ScottishPower’s UK headquarters for the long term and will be a hub for delivering the £10billion of planned investment over the coming years.”
The 220,000sq/ft development is expected to commence construction in 2013 for completion by late 2015 and will be the largest single occupier office development in the city for a quarter of a century.
The scheme will rise directly opposite Keppie's St Vincent Plaza.