A £1million university campus on the River Clyde waterfront has been given the green light.

Glasgow City Council approved up to £1million of Glasgow City Region City Deal funding to the University of Glasgow for the development of the proposed Clyde Waterfront Innovation Campus in Govan.

As part of the £1.13billion Glasgow City Region City Deal - an agreement between the UK Government, Scottish Government and eight local authorities across Glasgow and the Clyde Valley - the proposed campus will be a key part of the City Deal: Clyde Waterfront Innovation Quarter.

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It aims to regenerate the waterfront as an attractive urban quarter while bringing in private sector investment to Glasgow and "unlock the economic potential" of vacant and derelict sites close to Queen Elizabeth University Hospital.

By the end of the deal, it's expected almost 4,000 new jobs will have been created, along with 184,000 square metres of new commercial floorspace.

The campus is set to be a high technology innovation facility holding the likes of Life Science and Further Education sectors.

The first stage of the campus will feature an enhanced James Watt Nanofabrication Centre and a Precision Medicine Living Laboratory, as well as a technology accelerator, with a flexible space where companies can co-locate, carry out collaborative research and develop innovative products.

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The campus is expected to cost £80m to complete, and the University of Glasgow has submitted a bid of £25m for UK Government Strength In Places funding, and has identified in-principle funding support of £10m from Glasgow City Region City Deal.

The funding approved by the council today will support design, site investigations and technical studies.

Councillor Susan Aitken, leader of Glasgow City Council, said: "The Clyde Waterfront Innovation Quarter will bring thousands of jobs to communities on the banks of the river, and the Innovation Campus will help to unlock the enormous potential of these sites in Govan.

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"The City Deal funding the council has now approved will help deliver a facility that will further enhance Glasgow’s reputation as a leading city in technology and innovation, attract investment, and deliver inclusive economic growth."