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DUNDEE WATERFRONT TOASTS 5 NEW INVESTMENTS WORTH > £70M


Mike Galloway


linked to Dundee Waterfront. First was the news that the leading UK


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development and regeneration company, Our Enterprise, is to invest £20m in sites 2 and 5 in the Central Waterfront. The company will create a new city square, together with a design and innovation quarter designed to help attract and retain graduates emerging from the city’s universities and colleges. Two city blocks will be built, and will


house ‘Design, make and sell’ units suitable for small, craft and artisan enterprises. Above this hub will be built high-quality apartments designed for professionals and couples. Our Enterprise, which has developed a pioneering ‘social legacy’ business model, will also build offices suited to a wide range of occupiers. Robertson, one of Scotland’s leading


construction and infrastructure companies, is to invest £60m developing flats, premium office space and a hotel on site 6, which is adjacent to the V&A Museum of Design,


COMMERCIAL PROPERTY MONTHLY 2016 81


016 began with a rush of new private sector investment announcements


Dundee. The development will see 67 flats built


for the private rented sector, 50,000 sq.ft of Grade A office space over four floors, and a new 120-bed hotel targeting the premium end of the visitor market. Commenting on these major private


sector investments, Dundee City Council executive director of city development


Mike Galloway said: “The proposals are imaginative and match our desire to work with commercial partners that will deliver our vision for the Waterfront. “It is very rewarding that Dundee


Waterfront is clearly attracting investment from top quality businesses wanting to share in the UK’s 3rd largest waterfront regeneration project. We are open to joint


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