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12 . Glasgow Business March/April 2013


Caledonian boosts Scots economy by £444m


Report Glasgow Caledonian University (GCU) boosts the Scottish economy by £444 million each year.


Independent research by


Biggar Economics estimates that GCU supports 10,000 jobs and that it generates £7.20 for every £1 it receives through the Scottish Funding Council. The analysis also highlights


GCU’s Scotland-wide impact through its commitment to making a positive contribution to society. The university does this through its research and partnerships with the public, private and voluntary sectors scholarship and teaching, community involvement and leading initiatives to widen access to higher education. The results mean that GCU


has increased its contribution to the Scottish economy by £38m since a 2010 report by Biggar Economics identified a £406m economic impact. The report also highlighted GCU’s commitment to widening access: “The university provides a pathway into education and employment to young people living in deprived areas.”


College campuses set to change city landscape


C


ity of Glasgow College has announced that Glasgow Learning Quarter (GLQ)


has been identified as the preferred bidder for its new £228 million campus developments in the heart of Glasgow aſter completing a rigorous selection process. Te college has revealed


images of how the innovative Reiach and Hall and Michael Laird Architects-designed campuses will look in three years’ time – with dynamic graphics of the plans for the new buildings at Cathedral Street and at its Riverside campus at


» City of Glasgow College announces ‘preferred bidder’ for new super campus


Tistle Street, designed to cater for about 40,000 students and 1,200 members of staff. Te identification of a


preferred bidder is a major step forward in realising the college’s new campus vision and the college is delighted to have reached this important decision right on schedule. Tis investment is publicly


and privately financed with funding support from the Scotish Government via the Scotish Funding Council


and from the City of Glasgow College’s financial reserves. Te European Investment


Bank has, in principle, approved up to £100m of financing. Tese state-of-the-art


campuses have been meticulously designed to have student learning at their very core. Tey represent the single


largest estates investment in the college sector in Scotland and will help transform the city centre landscape for generations to come.


How one of the new state-of-the-art developments for City of Glasgow College will look


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