The contractor’s appointment for the 143,000 sq ft development at 1 West Regent Street follows the completion of the site’s acquisition by Mountgrange Real Estate Opportunity Fund and PRUPIM. They acquired the site from Duddingstone House (Renfield Street) Ltd.
The development site is located in the central core of Glasgow, near Queen Street station and next to the Buchanan Street shopping area. The 10-storey building will be the first significant newbuild Grade A office building started in Glasgow’s Central Business District in nearly five years.
Demolition is expected to start on site shortly and be completed by the end of the year. Sir Robert McAlpine is expected to complete the new development in December 2014.