Scotland business

Major Glasgow office development approved

Computer generated image of planned St Vincent Plaza
Image caption Work will start on St Vincent Plaza in the next few weeks

Planning permission has been granted for a multi-million pound office development in Glasgow city centre.

Developer Abstract (Glasgow) Ltd said it had been cleared to build 170,000sq ft of "Grade A" office space at a site on St Vincent Street.

The development, known as St Vincent Plaza, will feature a total of 12 floors.

Initial work on the site will start in the next few weeks, with completion expected in 2013.

The building will comprise basement, ground and 10 upper floors together with 78 car parking spaces.

Abstract Securities chief executive Mark Glatman said: "Glasgow City Council has recognised that in order to attract yet more big-name corporates to the city, it is imperative that Glasgow can offer high-quality 'Grade A' office accommodation at an achievable cost."

St Vincent Plaza has been designed by Glasgow-based Keppie Design.

Bowmer and Kirkland has been appointed contractor.

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