£500m regeneration proposal for Glasgow and Rutherglen

More than 100 hectares of land in Glasgow and Rutherglen could be converted into homes, hotels and business space under proposals from an urban regeneration company.

Clyde Gateway say its plans – estimated at £500m – would help create jobs, support businesses and boost sustainable energy throughout the area.

The project would include a new 130 bed hotel near Dalmarnock Station and Celtic Park, joining a previously proposed 150 bed hotel on the site of disused greyhound racing track Shawfield Stadium.

The proposals have been backed by Scottish Enterprise and local councils, but Clyde Gateway will seek private investment to accelerate the plan.

The company will formally unveil the scheme, called Clyde Gateway Innovation, at an investment forum event in Leeds later.

It says the land earmarked for development is around the size of 130 football pitches, and would be converted into a “dynamic, mixed-use ecosystem” that would have direct access to green infrastructure on the river Clyde corridor.

As well as the hotels, an anchor building called the Innovation Central building would take up part of the space, comprising a café, gym and space for events.

Other parts of the land would be turned into laboratories, research facilities, and offices.

The previously proposed redevelopment of Shawfield in Rutherglen would see a new hotel and 450 homes built, with South Lanarkshire Council having granted outline planning consent.

Clyde Gateway chief executive Martin McKay said the plans were “the next chapter” in regenerating Glasgow’s east end.

He added: “With a focus on high-growth sectors like advanced manufacturing, life sciences and clean energy, this masterplan reflects our ambition to create a place where innovation and community go hand in hand.

“We’re building a sustainable, scalable ecosystem that will support everything from start-ups and university spinouts to major employers, while continuing to deliver jobs, homes and opportunities for local people.”

Clyde Gateway’s previous projects include the Cuningar Loop nature trail in Rutherglen and the Malls Mire woodland retreat in Toryglen.