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12 www.glasgowchamberofcommerce.com


£80m INVESTMENT FOR QUEEN STREET STATION


The revised plans for Queen Street Station include extensive retail and food opportunities


economic and business opportunity into Glasgow city centre. Working in partnership with various


A


stakeholders, including Glasgow Chamber of Commerce, Scottish Ministers have decided to move on with an enhanced development at the North Hanover Street car park site in an investment of around £80 million. The revised scheme could also unlock


future development by LandSec, owners of the prestigious Buchanan Galleries, including its flagship John Lewis store, who had put their plans to enhance its major mall on hold. The Galleries straddle the main Edinburgh to Glasgow railway tunnel. The new plans being taken forward include extensive retail, food and beverage opportunities, and will also deliver a development deck upon which further private sector investment can be taken forward. Stuart Patrick, Chief Executive,


Glasgow Chamber of Commerce, who has joined the steering group, said: “We warmly welcome the Ministers’ decision to progress the more ambitious scheme at Queen Street Station. The enhanced retail and leisure offer will improve the passenger experience, and provide more job creation opportunities for the


revised and upgraded plan for Queen Street railway station and its concourse is likely to bring greater


city centre. It’s accepted that Glasgow requires more Grade A offices, and the development deck will provide a desirable location for such investment in the heart of the city.” Commentators have suggested that the original ambition for the scheme was lacking when compared with the regeneration of mainline stations such as King’s Cross/St Pancras in London and Birmingham New Street, where retail and eating places are closely connected to the platforms, and premium grade office space is available close by. Humza Yousaf, Minister for Transport and the Islands, said: “The new proposal will help deliver a 21st-century station acting as a catalyst for further private sector investment. Alongside the redevelopment of Queen Street Station being delivered as part of the Edinburgh Glasgow Improvement Programme (EGIP), this will see a significant


improvement to the overall passenger experience and deliver significant economic benefits to the city.” Alex Hynes, ScotRail Alliance Managing Director, said: “We look forward to working with the Scottish Government, and other commercial partners, on this ambitious vision for Queen Street.” Councillor Susan Aitken, Leader


Buchanan Galleries shopping centre


of Glasgow City Council, said: “The revised plans for Queen Street Station will deliver far greater local economic benefit, securing the full potential of the site and will provide significant employment opportunities once the development deck has been fully delivered. The redevelopment will both give the station a retail offer befitting one of Scotland’s busiest transport hubs and provide a striking entry into the city for travellers coming to Glasgow.” The new below-deck development will provide around 3,800 square metres for such facilities, in comparison to the 500 square metres that would have been provided by the partially constructed project. Works continue on redeveloping the main station building as part of the Edinburgh Glasgow Improvement Programme (EGIP) with the recent commencement of the main demolition works of Consort House, which is needed to make space for the new Queen Street station frontage.


Image: Network Rail


© cornfield / shutterstock.com


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