Plans have been unveiled to convert Glasgow’s ‘Met Tower’ into a mixed-use hotel, office, retail and leisure development.
The city’s council has granted planning permission for the £100 million project, which is set to offer a 260-room hotel, as well as office space for up to 1,200 people, and 23,000 square feet of retail leisure, food and drink space.
The 11-storey B-listed tower is located on Hanover Street, and originally opened in 1964 as Glasgow’s College of Building and Printing.
Osborne and Co said that plans called for the demolishing of an existing ‘podium’ building facing Cathedral Street to make way for the hotel, which would connect to the Met Tower via a landscaped plaza.
The developers said that a flexible double-height auditorium space is to be created below the plaza, linking to the reception level of the tower and with its own separate entrance on North Hanover Street.
Commenting on the news, Osborne and Co development director Will Hean said:
“Achieving planning consent comes at a critical time in the real estate market which continues to be challenged because of the coronavirus pandemic.
“Despite this, we are committed to investing significantly in Glasgow as we recognise the strength and diversity of the Glasgow economy. Glasgow’s tech sector in particular will be significant as the economy works its way back to strength.”
Last year global real estate advisor CBRE named Glasgow among “the key European cities well positioned for hotel performance recovery” post-coronavirus.