APPLECROSS WHARF
Phase 1 Expressions of Interest ClosedProject Value: More information will be disclosed at Phase 2 of the competition. Investment Type: Scottish Canals are keen to work with interested parties to create a suitable financial development model and terms are open for discussion. Location: Glasgow's Canal District Landowner: Scottish Canals Status: Applications are open
PROJECT OVERVIEW
Applecross Wharf is one of the sites competing in this year’s C40 Reinventing Cities competition. C40 Reinventing Cities competition is a call for proposals to transform underutilised urban sites into innovative, zero-carbon and resilient urban projects.
The proposed plots are divided into two areas: Applecross Wharf and Baird’s Brae, which are situated along the Glasgow Canal in north Glasgow. The combined sites are located in the heart of the Glasgow Canal Regeneration Action Plan area, within the Applecross-Firhill zone. The site is currently occupied by Scottish Canals Head office at Canal House, Applecross Street, and Scottish Canals operational buildings.
The bascule bridge which connects the site locations across the canal is a busy pedestrian route, connecting primarily residential areas to the north with the towpath and extending further into the city to the south. The development of the site is the next step in the promotion and delivery of the coordinated regeneration of places and communities along the Forth & Clyde Canal. The previous five years of the Action Plan have seen the start of a huge physical transformation.
The canal and its towpaths are busier than they have been in generations; a new Local Nature Reserve has been established at Claypits; significant amounts of vacant and derelict land have been brought back into use; City Deal’s ‘Canal and North Gateway’ programme has tackled many of the infrastructure issues of the area; and the ‘Smart Canal’ is facilitating current and future housing development via its groundbreaking approach to unlocking sites via remediation and disposal of surface water.
INVESTMENT OPPORTUNITIES
Both plots are wholly owned by Scottish Canals (SC). SC are keen to work with interested parties to create a suitable financial development model. The terms of any such agreement are open for discussion, with SC anticipating that their contribution on this project is via land ownership solely, with external funding coming from the project providing development capital and ultimately delivering a suitable return to SC. SC may be able to assist via facilitating any possible grant funding, however the availability of any such grants will require to be established. More details on the minimum financial value achieved for SC will be released in Phase 2.
The expected land use for the site is a sustainable mixed-use development, with active ground floors, focused on resilience, nature conservation and creation of mixed services and housing for the community, fostering connectivity and active mobility. The proposal should utilise the existing heritage buildings in a vibrant way, and create an activity node at this important point on the canal. The project presents an opportunity to unlock the potential of the canal to create a further vibrant neighbourhood for people to live, work and visit. Full information on the site can be found here.
SC are keen to work with interested parties to create a suitable financial development model. The terms of any such agreement are open for discussion, with SC anticipating that their contribution on this project is via land ownership solely, with external funding coming from the project providing development capital and ultimately delivering a suitable return to SC. SC may be able to assist via facilitating any possible grant funding, however the availability of any such grants will require to be established. More details on the minimum financial value achieved for SC will be released in Phase 2.
STATUS UPDATE
Phase 1 Expressions of Interest has closed.
Site ownership or control is secured
The proposed plots are divided into two areas: Plot A - 17,710m2 (1.7ha) and Plot B - 4,060m2 (0.4ha). Both plots are wholly owned by Scottish Canals. In a wider context, some of the surrounding land is owned by SC.
Proposed use is identified or permitted in planning
The site is currently occupied by SC Head office at Canal House, Applecross Street, and SC operational buildings. The expected land use for the site is a sustainable mixed-use development, with active ground floors, focused on resilience, nature conservation and creation of mixed services and housing for the community, fostering connectivity and active mobility.
With outline planning consent, the project is ready to enter the detailed design stage with a construction start thereafter.