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12/04/2018

Deal agreed for £250m Glasgow regeneration project

Words: Laura Edgar
Housebuilding / iStock

An agreement between Glasgow City Council, Glasgow Housing Association and housebuilder Keepmoat Homes will see more than 800 homes delivered at the Sighthill Transformation Regeneration Area (TRA) in the city.

The city council said the £250 million Sighthill TRA is the biggest regeneration scheme of its type outside of London.

The residential development will comprise 826 homes – 628 homes will be for sale and 198 will be for mid-market rent. Plans also include retail units and a commercial development.

Glasgow Housing Association will build the mid-market rent homes, and the housing association’s partner Lowther Homes (part of Wheatley Group) will manage them. The private homes, retail unit and commercial development team will be delivered through an agreement between the city council and Keepmoat Homes.

Some 141 Glasgow Housing Association homes are already built and occupied.

The regeneration of Sighthill will deliver nearly 1,000 homes in total, as well as a new community school campus, a new footbridge across the M8 connecting Sighthill to the city centre, a new road bridge across the railway that will link the area with Port Dundas, and active routes to the city centre.

Kenny McLean, city convener for neighbourhoods, housing and public realm at Glasgow City Council, said: “The signing of this agreement between… is another milestone in the regeneration of Sighthill. The transformation of the area will serve as an example of what can be done in urban regeneration, with the creation of a fantastic neighbourhood immediately beside the city centre.”

Transforming Communities: Glasgow, a partnership between Glasgow City Council, Glasgow Housing Association and the Scottish Government, with additional funding from the Glasgow City Region City Deal, is delivering the regeneration project.

More information on the regeneration of Sighthill can be found on the Glasgow City Council website.

Image credit | iStock

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