FORE Partnership, the purpose-driven real estate investment platform, has announced that it has started on site with the construction of Cadworks, its 96,000 square foot highly sustainable ‘Grade A’ office development for Glasgow City Centre.
The firm also announced that it has awarded the £23 million contract to Bowmer + Kirkland. B+K started on site this week and expects to complete the project in the second quarter of 2021.
Cadworks will be Glasgow’s most green office development, offering the country’s only cycle-in access ramp and the City’s most comprehensive facilities for cyclists. It is targeting a BREEAM rating of ‘Excellent’ and an EPC ‘A’ rating and has also been awarded a WiredScore ‘Platinum’ accolade for its hyper-connectivity.
One of the only speculative Grade A developments in the Glasgow pipeline, Cadworks will deliver desperately-needed high-quality space whilst generating circa 200 construction jobs within the local community.
FORE Managing Partner, Basil Demeroutis, said: “The appointment of Bowmer + Kirkland signals our readiness to start on site and deliver our flagship Scottish development.
“Cadworks will embody our vision of creating a new way of designing commercial space, one where social responsibility and ethics can be powerful drivers of returns on investment.
“As with our other buildings throughout Europe, we will deliver office space of the highest quality whilst remaining uncompromising on our values.”
Alan Johansen Regional Managing Director of Bowmer + Kirkland added: “We are delighted to have been appointed as main contractor for a building that will not only meet the urgent demand for top-quality city centre space, but will also be the country’s most sustainable. Cadworks is one of the city’s most high-profile sites and we look forward to bringing our team’s unparalleled expertise to this new and welcome addition to Glasgow’s skyline.”
Cadworks will complete in the second quarter of 2021. The development is jointly marketed by GVA, Ryden, and Savills.
For more information, please visit www.cadworksglasgow.com