Market contagion strikes Ruchill Hospital
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October 17 2008
The spreading contagion of house price falls has now infected Gladedale and Bellway, prompting the pair to scrap plans for 500 homes on the former Ruchill Hospital site.
Despite being scheduled to commence early next year a planning application has never been submitted to Glasgow City Council... and won’t be anytime soon.
The land remains the possession of Scottish Enterprise who must now undertake the unenviable task of securing an alternative developer for the site, in the teeth of an onerous commercial headwind which has already bitten Gregor Shore.
Back to October 2008
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