Car giant puts major Finnieston development site on market

A PROMINENT site has been put up for sale by car giant PSA Group in Finnieston, signalling the prospect of further development of the popular Glasgow district.

Finnieston, in the west end of the city, has flourished over the last decade thanks in part to the opening of the SSE Hydro, a major concert hall, nearby. It has become home to some of Glasgow’s most popular bars and restaurants, as students and young professionals have flocked to live there.

Now there is the prospect of further development in the area, after a 2.39-acre development site, situated between Finnieston Street, Minerva Street and West Green Place, was placed on the market.

The site was formerly home to a Citroen/ Peugeot dealership, and is being marketed for redevelopment as residential property or for mixed use. A 220-apartment block is currently under development on an adjacent site, which was also formerly home to a Peugeot showroom.

Sven Macaulay, partner at property agent Gerald Eve, which is marketing the site for PSA Group, said: Finnieston as an area has undergone a renaissance in recent times, driven by both its architectural heritage and convenient location between the city centre and the west end.

“This site represents an excellent opportunity for mixed-use and residential developers seeking to capitalise on this resurgence and help shape the future of one of Glasgow’s hippest districts.”

The Herald Scotland

The Herald Scotland

The Herald is a Scottish broadsheet newspaper founded in 1783. The Herald is the longest running national newspaper in the world and is the eighth oldest daily paper in the world. The title was simplified from The Glasgow Herald in 1992