CV 55 2024 | Page 12

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FORMER SCHOOL BUILDING IN GLASGOW CITY CENTRE TO BE TRANSFORMED INTO BUILD-TO-RENT HOMES

A HISTORIC former school and hospital building in Garnethill will be restored as part of an ambitious plan to create 21 new homes in Glasgow City Centre .
The B-listed Mount Building , which back to 1882 , will be transformed into a vibrant residential community , with the build-to-rent development expected to be completed in around 12 months from site start .
Originally established as Glasgow ’ s first Hospital for Sick Children , the Mount Building held a key role in the city ’ s healthcare provision until 1914 , when the hospital moved to Yorkhill . Then , it became part of St Aloysius ’ College , housing its Music and Art department .
Developer Nevis Properties , renowned for its commitment to preserving architectural heritage while adapting spaces to modern living , acquired the Mount Building from the school in October .
In the firm ’ s latest ambitious project , Nevis Properties will partner with acclaimed architects Mosaic Architecture & Design , on the building ’ s sensitive restoration , ensuring its rich heritage is preserved .
The plans for the build-to-rent development , which were validated by Glasgow City Council on 20 December , will transform the B-Listed building as 18 one and two bedroom apartments – five of which will feature private terraces – alongside a trio of new three-bedroom mews houses which will all have a private patio .
Residents will also have access to carefully planned landscaped areas , designed to foster a sense of community and well-being .
This project aligns with the Glasgow City Centre Living Strategy – Glasgow City Council ’ s roadmap to double the city centre ’ s residential population by 2035 .
Marc Taylor , Nevis Properties ’ director , said : “ Our ambitious plans to repurpose the Mount Building are testament to our dedication to transform vacant spaces into sustainable urban living areas , occupied by vibrant communities – all while preserving Glasgow ’ s architectural heritage through sensitive restoration wherever possible and appropriate .
“ This project aligns with Glasgow City Council ’ s vision . We are excited to further contribute to the city ’ s growth and offer a distinctive , high-quality living experience in this historically significant building .
“ Given the exceptional demand for rental properties in Glasgow , and increased appetite for city centre living , we expect this development to be extremely popular among renters .”
Dan Challis , an associate at Mosaic Architecture & Design , added : “ We have worked with the existing building layouts to ensure that any alterations being made will minimise their impact on the existing structure thus safeguarding the building ’ s historic integrity . Furthermore , extensive research has been carried out on the city ’ s traditional Mews style buildings to provide a design for the new build homes that is in keeping with the city ’ s historical language .”
Nevis Properties aims to commence construction in the summer of 2024 and complete the development by summer 2025 .
Nevis Properties ’ parent company Kelvin Properties was behind one of Glasgow ’ s first BTR developments , Candleriggs Court . The sector , which is well-established in England and Europe , is predicted to double in total value over the next five years , reaching £ 126bn by 2028 according to experts Knight Frank .