Tuesday, June 23, 2009

City Legacy consortium picked for Commonwealth Village

The City Legacy consortium has been selected as the preferred developer of the £300m Commonwealth Games Village in Glasgow. The village is being built for the 2014 games which will be held in the city’s east end.

The consortium is being led by developer CCG, housebuilder Mactagget & Mickel and construction firm, The Malcolm Group. The masterplan has been created by RMJM and the consortium also includes the WSP Group and Scottish and Southern Energy. The consortium was advised by Jones Lang LaSalle.

The development of the 95-acre site in Dalmarnock will eventually provide 1,465 homes and a 120-bed care home for the elderly. The first 700 homes will be constructed in time for the games and will accommodate 6,500 competitors and officials. The remaining homes and care home will be built after the games.

It beat off competition from two other consortia – the PPD Consortium, which was led by local developer Progress Property Developments alongside Mace and Caledonian Building and The Gladedale Consortium, which was led by Gladedale, Bellway Homes and the Citta Property Group.

Councillor Steven Purcell, leader of Glasgow City Council, said: ‘The fact that the private sector has demonstrated such confidence in this project shows that Glasgow continues to be an attractive place to do business, and I look forward to the successful delivery of a key part of the Games and later, the creation of a stunning new neighbourhood for the city as Glasgow’s regeneration continues.'

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