He added: “The Barclays deal is a significant statement of intent, heralding an exciting future for the rest of the development. With prime office space plus an exciting mix of homes, local amenities and open public spaces, Buchanan Wharf will be a stimulating and attractive environment in which to work, live and to visit. It will transform not just this neglected part of the waterfront but the entire city centre of Glasgow, once again placing the Clyde at the heart of the city’s economic and cultural regeneration.”
Paul Compton, Chief Operating Officer at Barclays, said:
“The Glasgow campus at Buchanan Wharf will be a flagship project for the bank, which builds on Barclays’ long history in Scotland and clearly demonstrates our commitment to supporting the UK economy.
This is a fantastic opportunity to deepen our close ties with local communities and academic institutions, attracting and retain the very best talent. It will be somewhere that our colleagues are incredibly proud to work.”
The Barclays deal has been endorsed by Scotland’s First Minister, Nicola Sturgeon. She said: “This is a project that will be transformational for Glasgow, creating up to 2,500 new jobs in the heart of the city.
“The new campus will strengthen Glasgow’s financial services sector and shows Scotland continues to be a highly attractive location for inward investment.
I am particularly pleased that as part of this investment, Barclays has committed to employing local people who often face barriers into work, including those with disabilities and young people.”
Detailed planning applications will be submitted shortly, with construction expected to begin by the end of the year, pending the appropriate planning consents.