Glasgow Harbour, one of the UK’s largest waterfront regeneration projects, is in talks with the city council to potentially double its retail space.
Peel Holdings’ Clydeport and Bank of Scotland — the joint venture partners behind the £500m scheme — want to increase the proposed retail offer from 250,000 sq ft, possibly to as much as 500,000 sq ft, according to one source.
Euan Jamieson, managing director of Glasgow Harbour, said it was too early to decide on the size of the extenstion.
But local agents and developers are concerned about the potential impact on Glasgow’s other retail developments at Pollock, Glasgow Fort and Ravenscraig, and on expansion plans at Buchanan Galleries in the city centre.
A source said: “This will have a considerable effect on trade in Glasgow generally and it is a sea change away from what Glasgow Harbour originally intended.
“This was to be a mainly residential scheme with ancillary retail. It will draw people away from the city centre and may jeopardise Glasgow’s position as the best retail offer outside of London,” he added.
