M&G Real Estate has been granted planning consent for its £100m office redevelopment at Corunna House in central Glasgow.
M&G will demolish the two existing Corunna House buildings and replaced them with a new 12-storey block rebranded as 33 Cadogan Street.
The development will deliver 275,000 sq ft of office space designed to BREEAM “excellent” and WELL “shell & core ready” standards.
Work is expected to commence in Q2 2018.
Lynn Smith, director – development management, said: “There is a clear occupier appetite for high-quality office space in Glasgow and a lack of supply in the city’s office market, which makes it a prime location for investment.
Cooper Cromar acted as planning adviser for M&G.
To send feedback, e-mail alex.peace@egi.co.uk or tweet @egalexpeace or @estatesgazette