Minister visits Clyde Gateway to see why companies are flocking to the area

Minister visits Clyde Gateway to see why companies are flocking to the area

Clyde Gateway was established in 2008 to regenerate 840 hectares across the east end of Glasgow and South Lanarkshire. Working in partnership with Glasgow City Council, South Lanarkshire Council, Scottish Enterprise and the Scottish Government, Clyde Gateway is driving forward £1.5 billion of private sector investment to establish this area as a hub of business activity.

The success to date has been remarkable – of the 800,000 square feet of Grade A office and industrial space that Clyde Gateway has already developed, over 85 percent has been let or sold.

In the last year alone, Clyde Gateway has successfully attracted two global energy companies - SHARC Energy Systems and TransCanada Turbines - to locate their UK workforces in the area.

TransCanada Turbines, which repairs and maintains aero-derivative gas turbines for the oil and energy markets, recently signed a 10-year lease with Glasgow-based developers Harris Finance on a 13,000 sq ft speculatively built industrial unit at Rutherglen Links Business Park.

SHARC Energy Systems, the European arm of Vancouver-based SHARC International Systems, has designed and developed a new method for extracting waste heat from raw sewage flows. Through heat pump technology, it produces clean, renewable thermal energy for buildings. In August 2017, SHARC opened its new European headquarters at the Red Tree Office Suites in Bridgeton.

Business Minister Paul Wheelhouse said: "I have been very much impressed by the exciting work being done by Clyde Gateway to bring derelict land back into use, enable quality new build premises and homes to be constructed, and to bring businesses to the area and encourage local businesses to grow. Clyde Gateway are doing a great job in creating new, sustainable employment opportunities for local people and delivering on inclusive growth across the area.”

Ian Manson, Chief Executive of Clyde Gateway said: “It has been a pleasure to welcome the Minister to Clyde Gateway and show him why the regeneration of this area has been so successful to date. Companies tell us they are being attracted by the quality of business space, the excellent transport links, the cost savings compared with city centres and the business support on offer. The fact that a workforce of 1.5 million live within a 60 minute commute of Clyde Gateway also makes recruitment easy, which is an added bonus.”

Gordon Hope of TransCanada Turbines said: “When we decided to vacate our shared premises in Cumbernauld, we carried out an extensive search of what was available on the market. As the unit at Rutherglen Links was still under construction, we were able to make the adjustments to the specification that we needed. Clyde Gateway being able to provide business support made moving to this new facility possible.”

Russ Burton, Chief Operating Officer at SHARC Energy Systems said: “We are really excited to be supporting Clyde Gateway’s ambitions, and having established the viability of our technology and business solution as a method for developing a low carbon / renewable district heating solution, we are delighted to be nearing financial close on the development of the project, which is also supported by the LCITP.

“It was a great pleasure to meet Paul Wheelhouse and to have the opportunity to discuss the Scottish Government’s ambition for a low carbon economy and the transition strategy they are pursuing in this quest.

“SHARC is working hard to ensure its technology meets the Scottish Government’s policy criteria and we look forward to continuing to support the delivery of this progressive agenda being championed by the Minister and his department, across Scotland.”

Published: 04 April 2018

Article by BQ News
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