GLASGOW Chamber of Commerce has welcomed today’s approval of masterplan proposals to redevelop St Enoch centre.
Property developer and asset manager, Sovereign Centros, has secured approval from Glasgow City Council for its outline masterplan for the reimagination of St. Enoch Centre in Glasgow.
The decision follows stakeholder and public consultation around the major proposals, which focus on the creation of a best-in-class mixed-use development, focusing on retail, leisure, entertainment, hotel, offices and city centre living.
Stuart Patrick, Glasgow Chamber of Commerce Chief Executive, said: “Glasgow has witnessed seismic changes to consumer and visitor habits in the past three years and it’s vital the city landscape is given the space to grow and adapt if it is to survive and thrive in this new environment.
“Today’s approval for the Sovereign Centros plans creates the opportunity for Glasgow to do that by establishing a new, dedicated space for retail, leisure as well as residential living in a large city centre district which was previously largely closed off from its surrounding streets.
“The implementation of these plans will be one of the key building blocks to future proof the city and increase our prospects of attracting local and international investment.”