Two new high-rise buildings containing 324 build-to-rent apartments has been completed on Glasgow's Clydeside.
The Solasta Riverside is part of the ongoing Buchanan Wharf regeneration, and follows the Barclays Northern Europe HQ which opened in 2021.
The two 18-storey towers house a dedicated dining space, gym, residents’ lounge and games room as well as a roof terrace with views over the Clyde.
Built by the Drum Property Group with forward funding from Legal & General Investment Management, the complex has been designed to meet increasing demand for rental accomodation in Scotland.
Another development, a 75,000 foot office for the Student Loans Company is due to be completed in 2023.
Mike Powell, head of transactions, BTR, at LGIM, said: “With a commitment to transform UK towns and cities, creating jobs and driving economic growth, the delivery of 324 high quality, well-located rental accommodation is an important part of Legal & General’s regeneration activity in Glasgow city centre.
"The city has seen particularly low levels of residential development over the last 10 years and an increasing demand for high quality, well-located rental accommodation in the city centre.
"This acute supply and demand imbalance means the completion of our BTR development at Buchanan Wharf will bring a long-term sustainable rental scheme to Glasgow, meeting the demands of this vibrant and fast-growing city.”
Buchanan Wharf is located on the south side of the River Clyde, a short walk from Central Station.
It's connected to the city centre by the Tradeston bridge.
Graeme Bone, group managing director of Drum Property Group, said: “This is another important milestone for Buchanan Wharf and the transformation of what was a large, neglected industrial brownfield site into a thriving commercial and residential community.
"The new apartments and facilities will bring an exciting dynamic to the area, making Buchanan Wharf a stimulating and attractive environment in which to live, work, and visit.”
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