Business: Clyde built to prosper.
THE key to a Scottish city's financial success for the future lies firmly along its waterfront.
The banks of the River Clyde in Glasgow are getting a spectacular makeover.
The redevelopment of the quays will open up the river to the public for the first time since the industrial revolution turned the city into a major port and shipbuilding area.
We focused recently on Central Quay, where the prominent Daily Record building has now been joined by No 2 Central Quay, a top quality office block.
At Pacific Quay, on the south side of the river, the second phase of a business park is also being developed.
Now leading UK developer Wilson Bowden are ready to start work on their flagship pounds 120 million Atlantic Quay project - one of the biggest office developments in Glasgow during the last decade.
Part of Glasgow's new financial quarter, the Atlantic Quay development will comprise 400,000 square feet of top quality office space, along with luxury flats, a new civic square, street- level bars, shops and restaurants.
The development is a massive step forward for the plans to create a new financial services district in Glasgow. According to Wilson Bowden director Jim Fitzsimons, it has the potential to attract a European headquarters to the city.
Once fully developed, Atlantic Quay will support more than 4000 jobs and continue the transformation of the waterfront area of the Broomielaw on the banks of the Clyde into a major business area.
WORK is due to start on the first of six separate buildings on the site in the next few days.
The 77,000 square feet, seven-storey office development will feature large, open- plan floorplates, allowing complete fit-out flexibility.
Mr Fitzsimons said: "Atlantic Quay will be a major step towards establishing a new financial hub for Glasgow.
"This exciting development will have a massive impact on the city's economy. We also believe it has the potential to take Glasgow on to a new level, attracting a major European headquarters to the city.
"The Atlantic Quay area is recognised as one of Glasgow's best business locations - but it can be deserted at the weekends and in the evenings.
"This development will change that, establishing a 24-hour culture in the district, complete with shops, cafes and restaurants."
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|Publication:||Daily Record (Glasgow, Scotland)|
|Date:||Jun 3, 2002|
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