Location
Pacific Quay & SECC, Pacific Quay
, G51
Description
The Digital Media Quarter at Pacific Quay will provide a physical focus for new media activities in Glasgow and West Central Scotland through a range of property solutions incorporating commercial, leisure and retail uses.
Although focused on Pacific Quay, the Digital Media Quarter is expected to have a positive economic impact on the surrounding area with complementary projects such as Film City Glasgow and Brand Street’s Digital Media Business Centre already completed.
The Digital Media Quarter will incorporate over 32,000m² of business floorspace.
Scottish Enterprise has already undertaken a major package of civil engineering works to realign the edges of Princes Dock Basin and a first phase of infrastructure and environmental works was completed in February 2008 which provides four fully serviced plots for further development.
The first of those plots was developed in parallel with the infrastructure works and Medius is now complete.
A second development, The Hub at Pacific Quay, is also underway at present and is expected to reach completion by Spring 2009.
Cost
The completed development is expected to cost around £80 million and will be funded via a combination of private and public sector investment.
Current status
Market interest in the Media Quarter has increased significantly during the past year and Scottish Enterprise is currently progressing discussions with two preferred developers for the remaining plots within the Phase 1 site. These new projects, for a restaurant and a gateway business development, are expected to be underway by early 2009. Proposals for the second phase of the Digital Media Quarter will be further developed during 2008-09 which will provide further serviced plots for development and will link the Media Quarter directly to Film City Glasgow on its western edge.
Timescale
The Digital Media Quarter at Pacific Quay is expected to be fully developed by 2015.
Lead partner
Scottish Enterprise and private sector development partners.
Project team
Masterplan Lead Consultant: Building Design Partnership
Website
Medius
Contact details
Craig Millar, Scottish Enterprise Glasgow, 0141 204 1111