clyde gateway




The 2019 version of the world’s largest property fair, MIPIM, is being held in Cannes, France from 11-15 March.

Clyde Gateway is in attendance as part of Team Scotland, showcasing the opportunities on hand to investors and developers, with a particular emphasis on sustainable construction.

Martin McKay, our Executive Director of Development, is in Cannes to make the case direct on our behalf through a number of speaking engagements at seminars and presentations. His pitch to investors will be expanding on his opinion piece that was published in The Scotsman on 11 March:-

You perhaps don’t expect a regeneration programme like Clyde Gateway to be showcased at a glossy international event such as MIPIM, but I believe that we have to think global but act local. MIPIM gives Clyde Gateway a fantastic platform to demonstrate how developers and investors can deliver resilient, sustainable neighbourhoods here in Scotland.

From the start, Clyde Gateway has encouraged innovative ideas to minimise energy use in the construction and powering of our new developments as an essential part of each design, rather than an afterthought. For example, the leather adorning the aeroplane seats of many MIPIM attendees will have made its way from Andrew Muirhead of Scottish Leather Group. Soon that leather will be produced using low carbon renewable heat. This is happening in Glasgow, as Canadian firm Sharc Energy Systems brings its heat recovery energy centre into use.

Sharc will use a significant waste water resource, located right in the heart of Clyde Gateway’s regeneration area, to heat and cool the commercial buildings that we are developing. This will have notable benefits for occupiers in terms of energy and cost savings – a live example of how the real estate industry can capitalise on renewable technology to produce developments that are robust, low-carbon and less dependent on fossil fuels. The spin-off of this investment is that low cost heat can also be delivered to local homes, so that everyone benefits.

Our ambition at Clyde Gateway is to create a truly sustainable city district on a par with European exemplars. The next round of our low carbon journey will see us working in partnership with cities in the Netherlands, France, Belgium and England as we explore fifth generation district heating and cooling networks (5GDHC). This will provide cooling networks designed to support next generation workspaces, with offices which are cooled by low cost renewable resources.

We’re seeing a change in occupier priorities. No longer focused purely on cost, they increasingly understand their corporate responsibilities and want their buildings and places to reflect their values and offer a good quality of life and wellbeing for their staff. You can already live and work in Clyde Gateway – our partners are nearly halfway to completing more than 6,000 new homes within 20 minutes’ walk of Magenta, our major office development with our partner Highbridge Properties – which is also being promoted at MIPIM by the Department for International Trade. A model like this means people become less car dependent and more active, and employers enjoy access to a ready-made labour market in their local community.

Regeneration is a long-term commitment, and patient investors and developers looking for sustained growth can enjoy those benefits in areas like Clyde Gateway. When investment is combined with low carbon technologies, offers jobs to local people and helps businesses grow, then the social value of that investment becomes very significant. That’s a message worth spreading far and wide.

Published Date: 13th March 2019
Category: Uncategorized