Application to revamp giant retail unit
Plans to transform Bhs building into 12-storey tower
Developers want to revamp the Bhs store in the centre of Glasgow in a £75 million project that will create a 12-storey tower with 130,000 sq ft of high-spec Grade A office space.
The current building in Bath Street with be remodelled and refurbished to retain retail space on the ground floor, while a third building facing Sauchiehall Street will revamped to give a total area of 240,000 sq ft of floorspace.
The Bhs building will get a makeover with an exposed structure and “industrial aesthetic”. New offices will feature design-led interiors to complement the new contemporary exterior.
Developer, Formal Investments, has submitted a proposal of application notice to Glasgow City Council ahead of a public consultation in June to be followed by a full planning application.
Last year Formal Investments took a long lease on the £20 million buildings, which are also home to Mountain Warehouse. Those units, in a separate building on Sauchiehall Street, will continue to provide retail locations.
The new building on Bath Street will create business offices for approximately 1,750 workers in 80,000 sq ft of offices above Bhs and are aimed at creative businesses seeking units of 500 sq ft and upwards.
Formal Investments director Nicholas King said: “This proposal shows a really exciting vision for an important site in Glasgow city centre and will provide the highest quality environments for retailers and businesses large and small.”
The architectural design is by Glasgow practice Stallan-Brand, whose associate Patrick Wilson said: “Formal Investment’s proposed redevelopment presents a unique opportunity to revitalise and transform the quality of the urban environment and public realm in this location, through the creation of new public spaces and improved and more appropriate mixed use activity.”
Shahid Ali, associate director of planning and development at the Glasgow office of property consultants JLL, said: “This proposed development will bring much needed additional office space to Glasgow whilst strengthening its retail presence, and play an important role in the regeneration of Sauchiehall Street.”
The public consultation will be an open drop-in from 2pm to 8pm on Thursday June 9 at the CitizenM Hotel on Renfrew Street.