Sale of Ingram Street site to Artisan Real Estate
City Property Glasgow (Investments) LLP (CPGI) is pleased to confirm the recent sale of 69-97 Ingram Street to regeneration specialists Artisan Real Estate.
Construction of 109 new low carbon homes and 10,000 sq. ft. of commercial space in the heart of Glasgow’s city centre will begin later this year following the sale of a site on Ingram Street to regeneration specialist Artisan Real Estate.
The site which is currently used as a temporary carpark will be transformed into a mixed-use development bringing together sustainable apartments for sale on the open market and ground floor commercial space housed in buildings varying in height from four to seven storeys. Site preparation work is expected to commence in autumn 2026 with completion planned for 2028.
David Westwater, Managing Director for Artisan Real Estate Scotland, said:
“We are delighted to confirm that we will be on site to deliver this transformational development this year, bringing much needed new housing right into the heart of Glasgow’s city centre.
“Artisan will bring significant investment to this important Merchant City site, creating a landscaped and carbon friendly mixed-use development on what is currently a temporary car park, having remained a key gap-site for decades. We have set out an innovative design to attract life and excitement into the Merchant City, closely following the Council’s well-stated ambitions to encourage more people to move into Glasgow city centre.”
Designed by Scottish architects AMA Studio, the Ingram Street apartments will include a range of one, two and three bedroomed properties providing the latest in low carbon, fossil-fuel free living – including energy-efficient air source heat pump technology and high levels of sound and thermal insulation.
Central to the development’s design is a publicly accessible landscaped garden courtyard filled with newly planted native and nature-friendly trees, together with flower boxes, raised beds for growing vegetables and landscaped rooftop gardens and terraces to encourage local biodiversity.
The ground floor commercial space will accommodate up to four separate units ranging in size from 1750 to 2750 sq. ft. suitable for a range of uses including leisure, office, retail or restaurants and cafés. The public spaces will also embrace the area’s well-known public murals, most of which will be retained.
Welcoming the conclusion of the purchasing agreement, Andrew Johnston, Asset Manager for CPGI, said:
“We are pleased to confirm the sale of the Ingram Street site to Artisan Real Estate for a new mixed-use development – a welcome addition to the Merchant City.
“The development will bring new sustainable homes into the City Centre and aligns with City Property’s vision to invest in the inclusive growth of Glasgow’s economy. The mixed-use development will be a huge attraction for people who wish to live and work in the city, and we look forward to seeing the works commence later this year. We would like to thank the team at Artisan as well as our legal advisors, Harper Macleod, for their efforts in concluding this significant transaction”.
Founded in 2009, Artisan Real Estate is an independent developer and investor operating primarily in key regional city centre locations across the UK, with an established track record in Glasgow. More information about Artisan Real Estate can be viewed at: www.artisanrealestate.co.uk