Moda Living, Osborne+Co and MRP secure outline planning permission from Glasgow City Council for Lancefield Quay, a landmark Build to Rent development on the city’s waterfront. The decision follows a planning application in late 2021 and a successful public consultation where feedback was generally positive, with most respondents expressing their support for the development and regeneration of the site.
Lancefield Quay will be delivered in a partnership between Moda Living and GDRI – a joint venture between developer and investor, Osborne+Co and MRP, the development and investment arm of McAleer & Rushe. Moda Living will now work closely with Glasgow City Council and key stakeholders to take the site through detailed planning, delivery and into operation.
“With all the fundamentals we look for in a long-term city partner, Glasgow has immense potential for Moda Living and we are thrilled to have been granted outline permission for this key waterside site. Lancefield Quay will provide 730 new homes for rent to Glasgow, at a time when supply of good quality rental accommodation is at an all-time low, and we look forward to working with our delivery partners and Glasgow City Council to deliver a neighbourhood that will benefit its surrounding communities and the wider city for the long term.”Tony Brooks, Managing Director, Moda Living
Vacant since 2007, the four-acre brownfield site will be transformed into a vibrant community, with 730 much-needed homes. The £205m Lancefield Quay neighbourhood will feature best-in-class resident and public amenities, as well as landscaped public spaces that will create a unique destination within the city. The scheme will include an on-site gym, co-working hubs and units earmarked for commercial purposes. The development has been designed to support the health and wellbeing for its residents and visitors – with community, leading technology and sustainability at its heart.
If planning is achieved, the Lancefield Quay development will target three-star Fitwel certification, the highest level of recognition. The scheme will also aim to run on 100% renewable electricity.
“Lancefield Quay represents a truly transformational site that, alongside MRP and Moda Living, we are very proud to reinstate as a destination of choice for people in the city. Glasgow’s waterfront is iconic and intrinsic to its future is ensuring that the location remains relevant, which Lancefield Quay will enable with attractive rental opportunities. We’re looking forward to watching Moda bring the scheme to life as it continues the positive relationships we’ve established with the local authority and community alike.”Conor Osborne, Director and Founder, Osborne+Co
As the long-term operator of Lancefield Quay, Moda is committed to integrating its neighbourhood into the surrounding area. The developer operator will prioritise boosting skills, employment and education in its surrounding communities – contributing to Glasgow’s long-term economy.
Aligning with the council’s City Centre Living Strategy Vision 2035 which aims to create a sustainable, inclusive and diverse city centre population, Lancefield Quay will breathe new life into the waterfront, complementing the wider regeneration efforts along the Broomielaw. Its proximity to Finnieston, the IFSD and transport links to the wider city will be attractive to a mix of demographics seeking high-quality city centre living.
“The granting of outline planning permission for Lancefield Quay is a very significant milestone in the delivery of this exciting new project which will regenerate this historic and important area of Glasgow. Complementing the Council’s strategy, of a sustainable, inclusive and diverse society, Lancefield Quay will provide well-designed, modern homes that will add to the vibrancy of the city centre, enhancing community integration and supporting economic regeneration.
“MRP has a proven track record of delivering important development projects in Glasgow and in many other cities throughout the UK, and we are looking forward to working in partnership with Moda Living and Osborne+Co on Lancefield Quay to bring this transformational project to life.”Stephen Surphlis, Managing Director, MRP
Lancefield Quay is Moda Living’s second Build to Rent development in Glasgow, with Holland Park topping out this year and set to complete in Q3 2023. The neighbourhood will take the developer operator’s Glasgow operations to 1,163 homes, and total investment of £330m into the city, and will form part of its pipeline of 20,000 rental homes worth a combined £6.5bn.