Funding to progress a potential redevelopment of a derelict category A-listed building in the centre of Glasgow has been approved in a bid to bring it back into use.
Glasgow City Council has given the green light for up to £600,000 in grant funding to support the early stages of plans to turn the Egyptian Halls, designed by legendary Scottish architect Alexander “Greek” Thomson, into a hotel.
The four-storey building on Union Street, near Central Station, was built in the 1870s and has been on the buildings-at-risk register since 1990.
The funding package will be used to develop the council-backed plans before a possible compulsory purchase of the building.
Under the council’s chosen plans, Edinburgh-based property developer Ediston is seeking to convert the ground floor – currently home to shops – and first floor into leisure uses, with the vacant upper floors becoming a hotel.
Glasgow City Council’s funding package will help to create a business case for a compulsory purchase order (CPO).
CPOs are legal mechanisms that allow councils to purchase vacant buildings to bring them back into use.
The council’s housing and built heritage convener Councillor Ruairi Kelly previously described the CPO process as “lengthy and complex” and no timeline has been set for the completion of the Egyptian Halls purchase.
Despite this, the funding represents a major step forward in bringing the building back into use.
The fund is expected to be used by Ediston to carry out work, such as engineering and property surveys, that will further prepare the building for a CPO transfer.
It has been drawn from the council’s £10m “Bringing Property and Land Back Into Productive Use” budget.
After the decision, Kelly said: “This award is another key stage in the work to bring back to life an outstanding example of Glasgow’s built heritage.
“The funding will help to support the development of an exciting proposal to return what is a long-term vacant and deteriorating heritage building back to full and productive use.
“The redevelopment and repurposing of fantastic historic buildings such as this is a key part of our strategy to create even more attractive and remarkable places in our city centre.”
BBC News
