Project: Residential / Commercial
Buchanan Wharf is ideally located on the Clyde riverside, facing the International Financial Services District. With direct access to bus, rail, cycle and motorway networks, and only 15 minutes from Glasgow International Airport, the ambitious and dynamic place making at Buchanan Wharf will activate over a quarter of a mile of river frontage in one of the UK’s most aspirational cities.
Drum Property Group has agreed a multi-million pound deal with Barclays to develop a new state-of-the art campus headquarters for the bank at Drum’s Buchanan Wharf development in Glasgow.
The deal to purchase around 470,000 sq. ft. of prime Grade A office space will create space for around 2,500 additional jobs, almost doubling Barclays current workforce in Scotland and making the bank one of Glasgow’s biggest commercial employers. Barclays also have an option to extend their campus by an additional 210,000 sq ft, in a second phase of development at the site.
Drum has started construction on the new purpose-built campus which will be at the heart of the wider mixed-use Buchanan Wharf site, Glasgow’s most significant waterside city-centre development.
In January 2019, Drum agreed a deal with Legal & General to forward fund the delivery of 324 Build To Rent (BTR) apartments at Buchanan Wharf. Consisting of two 18 storey towers, current design iterations include dining space, a gym, a residents’ lounge and a games room. The development, which overlooks the River Clyde, will also offer a 4,250 sq ft communal roof terrace.
The Barclays and L&G deals at Buchanan Wharf herald one of Scotland’s biggest ever construction projects. When complete, the Clydeside site will provide more than a million square feet of prime Grade A office space, residential accommodation and a mix of local amenities and landscaped public spaces.