A £60million regeneration scheme will complete the missing link of one of Scotland’s most famous streets.

Sanctuary Scotland Housing Association plans to build 206 flats on Argyle Street at Finnieston.

In the 1960s, tenements on the 200m long site were demolished and replaced with blocks of flats.

Sanctuary plans to demolish the blocks and replace them with a mix of social rent and mid-market rent flats.

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The £26m final phase of the regeneration, which will complete the masterplan for the area, will bring more families to Anderston and take the number of new homes to 540. It is hoped work on the new flats will be finished by summer 2018.

The site, which includes a junction with St Vincent Street, is currently occupied by large, 10 storey prefabricated slab blocks as well as a number of four storey blocks. Part of the development will include a car free environment.

The reinstated section of Argyle Street will provide pedestrian and cycle access to the rest of Anderston and connect to new amenity spaces which are to be built across the whole of the site.

When the masterplan is completed, it will provide hundreds of homes for existing residents, replacing outdated and sub-standard housing.

It will reinstate the historic Victorian street pattern which was lost through comprehensive redevelopment more than half a century ago leading to the loss of tenements, churches and a significant section of Argyle Street.

The housing association’s group director of development Peter Martin said: “It is fitting the final piece of Sanctuary’s £60m regeneration jigsaw will restore the missing link.

“The transformation of Anderston has reinvigorated the community and shows how successful inner-city regeneration can be.”

Sanctuary say the regeneration has only been possible because of support from the city council and the Scottish Government.

George Redmond, the council’s jobs, business and investment spokesman, said: “This will be a fantastic new housing development for Anderston, bringing family homes to an area which has been transformed in recent years.

“Glasgow City Council is delighted to be a partner of Sanctuary Scotland Housing Association in this regeneration project and I look forward to these new homes being occupied in 2018.”

Alastair Wylie, chairman and chief executive of Sanctuary site contractor CCG, said the new homes would deliver the final phase of one of Glasgow’s largest regeneration schemes.

The housing association which was set up in 1969 is a registered charity which operates in nine local authority areas in Scotland and owns over 2900 homes.