CELEROS Flow Technology has appointed Cala Homes as its residential development delivery partner as it looks to fulfil its plan of ‘harnessing its property portfolio to provide future stability and investment’ for its ClydeUnion Pumps facility in Cathcart, Glasgow.
The firm announced in August its intention to grow and invest in its Cathcart operation by offering six acres of redundant land and buildings to the residential market, retaining 12 acres of operational land and buildings.
Demolition of the redundant buildings on Inverlair Avenue is underway and Celeros and Cala will submit a Proposal of Application Notice to Glasgow City Council for a change to residential use. A formal planning application for around 300 new apartments is expected to be submitted early next year, following a period of community consultation. If successful, Cala will complete the purchase of the site from Celeros FT, with the intention to start building by winter 2023.
Chris McVicker, chief financial officer for Celeros FT, said, “Our vision for the site will enhance the local area by providing much needed family housing in Glasgow whilst enabling us to focus on continuing the legacy and heritage of over 135 years of design and manufacturing of pump equipment in Cathcart. Selling the surplus land helps provide a stable and sustainable future for Cathcart that unlocks new opportunities for the business and the local economy, securing our commitment to the area for the next 25 years and beyond.
“Cala is a highly respected housebuilder with a fantastic reputation for creating quality homes. We’re very pleased to be partnering with the business for this important project for the future of our company and the Cathcart community.”
Moray Stewart, land director from Cala Homes, added, “We’re excited to be appointed by Celeros to create a residential development next to its Cathcart facility. The proposed development would bring the unused area, which is surplus to Celeros’ requirements, into positive use by providing around 300 new apartments in a highly accessible, sustainable location which benefits from close proximity to amenities, services and an abundance of public transport routes.”
Streets-UK is organising a series of community consultation events over the coming months on behalf of Celeros FT and Cala so that the two companies can explain their vision and plans for the site, and to give the community the opportunity to raise any points or questions regarding the proposals.