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PROPERTY WEEK. Weds 12th January 2011
Wed 12th Jan 11 - 15:25

"Glasgow takes plunge in £30m floating village plan"

Manchester-based developer Floating Concepts has been picked as the preferred bidder to develop a £30m floating village at Pacific Quay in Glasgow.

Economic development body Scottish Enterprise today announced that Floating Concepts would lead the development of a marina, shops, a hotel and roof-top concert arena, floating above Glasgow's Canting Basin.

The proposals were designed by Glasgow-based ZM Architecture and Baca of London.

Floating Concepts hopes to begin work in the middle of next year. Chief executive David Beard said the plans were a break-through in recognising the potential of so-called "blue-field" sites  for bringing forward development.

He said: "After 4 years spent exploring the potential for floating structures in the UK, we now have the design technology to undertake sustainable developments, not only on protected inland and impounded water areas, but in more challenging situations such as land at risk of flooding or coastal locations which may be subject to major tidal ranges, such as here on the River Clyde."

The regeneration project, on five hectares of water bordering the Science Centre and Imax cinema on the South Side of the river, is expected to take up to three years to complete.

Under the plans, employers would be encouraged to own boats allowing workers to use the river for getting to and from work and for recreational activities.

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