MEPC chief hails Clyde Gateway East
15/02/2012
Rick de Blaby, the chief executive of MEPC, the majority owners of the Hillington Park estate for the past 16 years, has paid tribute to the vision that lies behind the new Clyde Gateway East business park in the east end of Glasgow.
On one of his regular visits to the site, located just off the new M74 motorway at Junction 2A, he spoke in passionate terms of the tremendous opportunity which the development represents, not just for MEPC, but also for employment in the area.
MEPC has joined forces with developers SCOT Sheridan and Clyde Gateway, the urban regeneration company that cleared and levelled the derelict former steelworks site and created the infrastructure for further economic activity.
Work has just started on the construction of three warehouse units of between 16,100 and 22,200 square feet, and MEPC is committed to further occupier-led commercial property initiatives with the potential to fill at least half of the new industrial estate area.
“This is all part of the imaginative regeneration of Glasgow’s East End for the Commonwealth Games,“ said Mr de Blaby. “But the new motorway is the gamechanger, which we believe makes this investment so attractive.”
This, he explained, was why MEPC had decided on its first new venture in Scotland outside of Hillington Park. “The two locations complement each other, at each end of the brilliant motorway link across the south of the city.
“We are keen to expand our activities in Scotland, even in the current commercial property climate; this is a great way to start. And we intend to bring the same standards of customerfocused park management that have made Hillington such a success.”
Mr de Blaby revealed that, already, there have been a number of serious enquiries from companies interested in taking up the new units that will be completed within the next six months. “Further development will follow, and its nature will be determined by the interest shown by the market.
“There is a real lack of new-build industrial units across the city, and we expect these will be let quickly. The target now is to get the next schemes ready to meet customer demand at both Clyde Gateway East and Hillington Park,” added Grant Edmondson, managing director of MEPC Hillington Park, who was showing Mr de Blaby the latest progress at the Clyde Gateway site.
Contact Grant Edmondson, 0141 883 5760
Web: www.clydegatewayeast.com
