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The development site stretches along


8km of prime River Tay waterfront, and currently has a diverse profile of occupiers, from industry and light manufacturing through to professional services firm, retailers and hotels. Last year a further 1 million sq.ft of


development space was released, and is available as 8 different sites. Three of those sites have now been reserved by Our Enterprise (Sites 2 and 5) and Robertson (Site 6). Uses for the remaining sites include


professional services firms, financial services, public and government organisations, technology, bio-sciences,


software, contact centres, retail, hotels, bars, restaurants, leisure and recreation. Development Director Allan Watt says


the choice of uses is only really restricted by imagination: “Dundee Waterfront is a blank canvas of development opportunity. With the V&A Museum of Design Dundee, we will have one of the UK’s leading museum assets that will attract significant numbers of visitors to the city. “This development alone offers major


opportunities for small and medium sized businesses to invest in the Waterfront. At the other end of the market, large businesses, private equity and investment businesses have a rare opportunity to


shape the development of the Waterfront over the next few years. It is a hugely exciting time, and we would just say ‘don’t delay, give us a call!” A new set of online design and planning


guidelines for each individual site steers investors, developers and their advisers on how to approach building projects. The objective is to encourage sustainable, design-led development that reflects Dundee’s status as the UK’s first UNESCO City of Design. Mike Galloway, Executive Director of


City Development with Dundee City Council said: “The guides will help investors gain an understanding of our approach to development, and how they can partner with us as Dundee Waterfront expands. Almost all of the sites within the Central Waterfront are owned by Dundee City Council, so we can work in partnership with investors and take a long-term holistic approach to development to get the best for the City. We are also open to joint ventures so would encourage businesses and entrepreneurs to explore potential opportunities with us.” Interested developers, investors and


entrepreneurs can contact the City Development team direct on info@dundeewaterfront.com


COMMERCIAL PROPERTY MONTHLY 2016


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