Construction has begun on the second and third phases of Drum’s G3 Square residential property development in Finnieston, Glasgow.
The final phases at Minerva Street will provide 114 new build-to-rent apartments which has been forward-funded by Edmond de Rothschild Real Estate Investment Management and will be constructed over an 18-month long programme.
The new apartments will complete G3 Square, following the completion and sale of the first phase at the end of 2021. The highly sought-after homes in one of Glasgow’s most fashionable districts were a huge hit with buyers, with all 108 properties being sold.
Once complete, G3 Square will comprise of three separate buildings, ranging to six storeys and offering a selection of one, two and three-bedroom apartments and penthouses. The architecture echoes the height and feel of nearby traditional sandstone buildings and crescents, with contemporary interiors. Residents also benefit from an innovative sustainable district heating system, which provides heating and domestic hot water to each of the apartments, reducing both environmental impact and costs.
G3 Square has landscaped outdoor areas, with dedicated car and cycle parking spaces, and its location, close to the M8 and Exhibition train station and within walking distance of the city centre, has proved very appealing to a wide range of buyers and tenants.
Finnieston, labelled as one of the “top 10 coolest neighbourhoods” in Europe by The Independent, has a prominent presence in Glasgow’s West End. The G3 neighbourhood is home to a variety of fashionable bars, restaurants and boutique shops, with internationally acclaimed music and entertainment venues SSE Hydro and SWG3 nearby.
Graeme Bone, Group Managing Director of Drum said:
“At completion, G3 Square will contribute significantly to the ongoing regeneration of this key part of Glasgow. The high-quality accommodation across the development has created significant interest from buyers and tenants, and we look forward to completing the development and delivering more much-needed homes for local people.”