This would see the group redevelop 40 Anderstone Quay which was formerly the headquarters of the Daily Record and Sunday Mail newspaper. The site forms part of Glasgow City Council’s 2024-2030 City Centre Strategy.

Three blocks would be built on the brownfield site alongside 3,700 sq ft of commercial space. Two of these blocks would be PBSA units, while the third would be allocated for co-living.

The first PBSA block will comprise 551 bedrooms across 29 storeys above ground level and include an outdoor rooftop terrace. The second will house 282 bedrooms over ten storeys above ground level and also include a rooftop terrace.

In the third block, 302 co-living bedrooms will be accommodated over 13 storeys above ground level, with communal lifestyle and supporting amenity spaces on each floor. Occupiers will also have access to rooftop terrace amenity space.

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The PBSA blocks will have a mixture of cluster flats, studios and accessible bedrooms, whilst the co-living block will all be studios and accessible bedrooms. All three blocks will have amenity facilities, including cycle storage, state-of-the-art gyms, games rooms, study spaces, laundries and site management, support and security.

Heat pumps and photovoltaic panels will feature throughout these properties, with designers aiming to achieve BREEAM ‘Excellent’ ratings.

“The scheme not only serves to further Downing’s presence in Glasgow, but also as our new landmark Manchester co-living development Square Gardens achieves 98% occupancy upon completion, clearly demonstrating the high demand for this type of accommodation amongst students and young professionals,” said Ian Harrison, projects director at Downing.

“With over 35 years of expertise creating high-quality living environments for students and local communities in vibrant university cities, we aim to enhance Anderston’s vibrant city centre location and university connections, support Glasgow City Centre’s 2030 vision, and help retain the UK’s and the world’s best students and young professionals.”