Glasgow Property Market Information

Glasgow enjoyed something of a renaissance as the 20th century ended. Multi-million pound investment in the city is leading to exciting urban regeneration that continues to have an impact as 2006 dawns.

Home to the City of Architecture 1999, a lasting legacy is the attention paid to the city’s many museums and art galleries, highlighting some of the finest and most beautifully preserved buildings in the Victorian heart of the city.
The Clyde waterfront is at the centre of a ten-year development plan, with a projected end value of more than £500 million.

The Homes for the Future project overlooking Glasgow Green was an innovative development that arose because of that designation. It has transformed a derelict site into a prestigious residential development, with 250 state-of-the-art homes planned.

The level of scientific research carried out at the city’s universities has helped Glasgow become the third science city in the UK in terms of funding invested in research.

Glasgow is a leading location for hi-tech industries such as biotechnology, and public awareness of the importance of science and technology has been fostered since 2001 by the popular Glasgow Science Centre (www.glasgowsciencecentre.org) on Pacific Quay.

The area around Pacific Quay, just a short distance up the Clyde river, is also becoming a hub for digital media, with the BBC relocating to new studios and Glasgow School of Arts’ Digital Design Studio also moving in.

In fact the Clyde waterfront is at the centre of a ten-year development plan, with a projected end value of more than £500 million. By 2011, 120 acres once given over to shipbuilding will create a new district incorporating residential, commercial, retail and leisure space.

With the last sea-going paddle steamer berthed at nearby Anderston Quay, the new Riverside Museum will sit alongside 2,500 new homes.

Glasgow won another European accolade in 2003, becoming the European Capital of Sport in recognition of its many intitiatives promoting sport, participation and fitness to a more active population. The Spanish and Italian judges were especially impressed by the range of new sporting facilities, among which is Scotland’s first School of Sport, at Bellahouston Academy (www.glasgowschoolofsportbellahoustonacademy.co.uk). It is dedicated to nurturing and developing young talent.

All this activity is creating a thriving cultural hub, with hundreds of restaurants; museums such as the Gallery of Modern Art (www.glasgowmuseums.com); and top concert venues such as the SECC (www.secc.co.uk). In fact, Glasgow was recently voted “UK’s Coolest City” in a magazine poll.

The second largest shopping centre in the UK, with three major shopping malls – Princes Square, St Enoch Centre and the Italian Centre – in the city centre, it’s little wonder tourism is booming, with upwards of four million visitors annually.

Source: http://www.talentscotland.com/view_item.aspx?item_id=3900