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£20m hotel and shops plan for former city bank building£20m hotel and shops plan for former city bank building (© Evening Times)
Plans have been unveiled for a new £20 million hotel and shopping development
on a prime city centre site.
The proposals include a 120-room aparthotel at Dale House on West George
Street, opposite Queen Street station, with more than 2000 square feet of
retail space on a ground and mezzanine level. The developers are finalising
a deal with a international hotel chain to demolish the upper floors of the existing
building to create a four-level aparthotel.
Aparthotels offer more flexible accommodation than standard hotels, usually
offering a complete fully fitted apartment. Guests’ length of stay can vary from
anywhere from a few days to months or even years. The project is expected
to create hundreds of shop, hospitality and building jobs.
The shopping space, which will includes an 8000sq ft basement, has already
attracted interest from several big name retailers, supermarket chains and
restaurant firms because of its proximity to the railway station and the city’s
‘Style Mile’. The plans have been put forward by York-based firm Shepherd
Developments Ltd, which owns the Portakabin Group, and who are preparing
to submit a planning application in March.
The building, formerly the Royal Bank of Scotland’s high security cash collection
centre, was later sold to another firm which went into administration. The upper
floors of the building will be demolished to create the hotel which will have
its entrance on Queen Street.
Paul Devine, property consultant and project manager, said: “We have
identified an opportunity to bring this site back into use for the benefit of
the city. We are in talks with a very well known international outfit for a
120-room aparthotel. The site also offers space for one or two large retail units.
We have already had interest from retailers and food outlets. The site is directly
opposite Queen Street station which is the gateway to the city centre, which
is quite an advantage. There are also a lot of retailers who can’t afford the
rates of Buchanan Street.”
The plans are being lodged by GL Hearn on behalf of Shepherd Developments.
A pre-application public consultation event is being held on Friday between
9am and 8pm at the Cafe George, Glasgow Parish Halls at 266 George Street.