Clyde Waterfront Regeneration

Clyde Waterfront is a 20 km stretch of the River Clyde, Scotland, running east-west from Glasgow Green in the heart of Glasgow, to Dumbarton on the Firth of Clyde. With over 200 projects on both sides of the Clyde, this is one of Britain's largest urban renewal projects. Throughout the Clyde Waterfront area, projects are in place to transform business, housing, tourism and the infrastructure of the area. The total anticipated investment in Clyde Waterfront from public and private money is now estimated at £5-6 billion.

As well as supporting inward investment and tourism, the aim of the regeneration of the Clyde is to benefit local communities. It is intended that local people will benefit from the improvements to transport and leisure facilities, shops and businesses, and from new jobs coming into the area. An estimated 50,000 new jobs will be created as businesses relocate in the area and more housing is built. Re-training is vital and a range of support is available locally to make sure residents can exploit the new opportunities as they arise.

Clyde Waterfront, the group which co-ordinates and promotes the regeneration, is a partnership between the Scottish Government, Scottish Enterprise and the local authorities of Glasgow, West Dunbartonshire and Renfrewshire.

In Glasgow city centre, the International Financial Services District (IFSD) has been set up to attract new financial companies to the city. The IFSD, a joint partnership led by Scottish Enterprise and Glasgow City Council, has created almost two million square feet of new Grade ‘A’ office accommodation in the centre of the city. Since the launch of the project in 2001, over 15,000 new jobs have moved into the area, and over £1 billion has been invested.

Braehead, on the south side of the river at Renfrew, includes a large shopping centre and new businesses continue to move into the area. Business parks are growing, the town of Renfrew is being regenerated, and a number of leading house builders are creating 2,000 new homes at Ferry Village, close to the Xscape leisure development.

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Wikipedia