It has been called one of the
most important strategic locations in
Scotland. And its transformation will
be one of the most exciting developments
in Renfrew’s history.
Not surprisingly, a great deal of planning has gone into the project, stretching back nearly 20 years. Braehead Shopping Centre, Ikea, the Titanium Business Park and New Audi Experience were Phase I of the project.
Capital Shopping Centres developed the hugely successful Braehead Shopping Centre and Retail Park, including the surrounding infrastructure, in the late 1990’s at an investment of circa £300m. Phase II is the regeneration of over 185 acres of derelict waterfront land stretching from Braehead Shopping Centre to Renfrew Town Centre.
| Advance
Infrastructure |
| Phase I |
£35 million |
| Phase II |
£15 million
on site
£3 - 5 million enabling
works
Porcelanosa / Shiels Gate
|
Decontamination
£3 million spent already
£4 - 5 million still to spend
To ensure the successful delivery of this significant urban regeneration project, which it’s estimated will take 10 years to complete, a new public/private sector partnership has been created.
Called Renfrew Riverside, the new partnership which is focused on enhancing the economy and quality of life in the area, comprises:
|
