£100m scheme in Glasgow
Hotel under way at heart of Love Loan regeneration project
Love Loan development site
Work is due to start on a hotel which forms a central part of a £100 million regeneration of a development site in Glasgow city centre.
The 245-bed AC by Marriott hotel is the first stage of a plan to transform the north east corner of George Square into the city’s newest neighbourhood.
It includes recreating Love Loan, a long-lost lane that was a 19th century home for cane and fancy chairmakers, sewing machinists, glass, paper and glue merchants, shopkeepers, coal dealers and cotton manufacturers.
After Strathclyde University took up residency in the area the lane disappeared from record. Chris Stewart Group’s ambition is to bring it back as part of a renewal of the area.
Chris Stewart Group was selected as preferred developer by Glasgow City Council in 2015 and is now finishing demolition works.
AC by Marriott, the hotel group’s design-led product, has been confirmed as the operating brand at Love Loan.
As well as a hotel, there will be new homes, an electric car club and extensive bicycle storage facilities.
Overlooking George Square and Glasgow City Chambers, the project involves bringing A and B listed buildings back into public use.
It will underpin the area as a place to live, work and visit– Chris Stewart
Mr Stewart said: “We have a great relationship with Marriott having opened the Courtyard hotel in Edinburgh a number of years ago. We’re delighted to be working with them again on the same franchise basis, this time bringing their AC brand to Scotland. The interiors of the hotel are very much understated elegance and timeless in style, which works in both the new build element as well as the A listed 266 George Street element.”
A new pedestrian lane, to be known on completion of the development as Love Loan, will provide a link from North Frederick Street to John Street, offering an east/west thoroughfare for University of Strathclyde students and faculty, as well as residents, visitors and hotel guests.
“It will underpin the area as a place to live, work and visit – to enjoy a fitness class, a great cup of coffee, some good food, or to stop and browse the studios and retail spaces – as it complements the wider development and offers the variety of lifestyle options and sense of community that today’s city centre residents look for.”