The construction of a proposed residential development on the site of the former Jordanhill Campus would create almost 200 new jobs and significantly boost the Glasgow economy, according to new research.
An economic impact assessment, carried out by independent infrastructure and development consultants Peter Brett Associates, reveals that the estimated construction cost of the proposed development is £94 million.
The report says that the project would take six years to build, supporting 1,002 person years of construction employment – the equivalent of 100 jobs. The construction stage would also support a further 95 indirect jobs in the wider economy, it adds.
Amongst the study’s other key findings are that the 100 construction jobs created by the proposals would contribute over £5m of Gross Value Added (GVA) to the Glasgow economy and that post construction the development would raise an extra £1.3m in council tax to be spent on public services in the city.
Other significant findings include:
- During construction, the development would support 167 construction jobs annually
- A total of 1,034 residents could be attracted to the site once completed, including 561 economically active people
- 420 new trees are set to be planted at the site as part of the proposals
- In addition to 106 refurbished apartments in the Category B-listed David Stow building, 306 new family homes and flats will be created within the Glasgow boundary
- Glasgow retailers would additionally enjoy a retained resident spend of £5.8m, amounting to 36 retail jobs.
The analysis was undertaken as part of a Matters Specified in Conditions planning application lodged with Glasgow City Council. Planning Permission in Principle was previously obtained by the University of Strathclyde, owners of the 31-acre site, for a residential development.
Central to the proposals is the retention of the university’s Category B-listed David Stow building, which will be refurbished to a high standard to offer luxury apartments. Two other buildings, Graham House and Douglas House, which don’t have listed status, are also to be conserved and converted under the plans.
The plans will enhance the existing landscape and create new public access to parkland located within the site. More than 40% of the proposed development will be retained as greenspace. Playing fields and acres of ancient woodland located on the site will be protected with designated play areas created.
A new community facility operated by Glasgow Life will also be made available to local schools.
Jim McIntyre, managing director of CALA Homes (West), said: “Jordanhill Campus offers a fantastic opportunity to create much needed high quality homes in a desirable Glasgow location, which is currently derelict and is not adding value to the local community or the city.
“We now know it also has the potential to deliver 100 new construction jobs and support a further 95 jobs locally during the construction phase. That would be a real boost for job prospects in Glasgow, especially in the construction sector.
“Longer term, our proposals for Jordanhill Campus will help Glasgow to retain economically active people and protect council tax income to spend on public services across the wider city.
“I’m extremely proud of our plans for Jordanhill Campus and the many benefits it could bring to the local and wider community.”
The residential development proposed for the site has been designed by architects 7N.
Source: Scottish Construction Now!
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