Expressions of Interest sought from third party owners for City Deal Quay Wall funding
Almost £50 million of funding from the Glasgow City Region City Deal will be used to further the development of the Clyde Waterfront through improvements to the river's edge. As part of this funding, Glasgow City Council is seeking expressions of interest from third party owners of quay walls on the Clyde who have project proposals which - if they align with City Deal objectives - may allow access to funding.
This ring-fenced funding is part of the wider City Deal objectives for the waterfront, which include not only improving the structural integrity of quay walls, but making it easier for pedestrians and cyclists to access the area and unlocking the development potential of vacant and derelict sites beside the river. Another key aim of this project is to make the waterfront - the attractions on which bring more than six million visitors a year - an even more vibrant space for the city.
The deadline for expressions of interest is noon on 22 June. For more information, interested organisations should email email@example.com with the title 'City Deal Quay Wall Funding: Expressions of Interest' in the subject header.
Meeting these objectives is key to the possibility of third-party owners of quay walls on the river between Albert Bridge at Glasgow Green and the Riverside Museum accessing this funding. Works such as routine maintenance and projects that do not meet the City Deal objectives will not be considered.
The City Deal proposals for the waterfront will continue the river's regeneration, which in recent times has seen the growth of the International Financial Services District, the SEC, Pacific Quay and Glasgow Harbour.
Councillor Susan Aitken, Leader of Glasgow City Council and Chair of the Glasgow City Region Cabinet, said: "We have set aside funding for third-party owners of quay walls on the Clyde who have proposals for projects that align with City Deal objectives to fully regenerate the river. We look forward to working with organisations with such proposals to create a waterfront that plays its proper role in the city and our economy, fulfilling its potential as a great location on which to live, work, visit and invest."
The £50 million for improvements to the banks of the Clyde comes from infrastructure funding of £113.9 million from the Glasgow City Region City Deal through the Waterfront and West End Innovation Quarter project. This investment will further develop the waterfront as an urban quarter that attracts investment and supports economic growth.