The Met Tower

Glasgow, United Kingdom

The Met Tower is a Glasgow icon, standing as the tallest building on the skyline, the Grade II listed building was originally built as the teaching facilities of the City of Glasgow College, one of the cities most established and well-known educational institutions.

Osborne+Co acquired the building directly from the College. Working through an RFP process, the company were successful against strong competition convincing the College of our vision in reimagining the building as a vibrant mixed-use commercial development.

As part of our deal, we proposed a long-term overage and incentive share with the College as we progress through development and achieve certain commercial milestones resulting in true alignment with the College.

Project summary

Value: £100m

Sector or building type: Value Add, Mixed Use Development, Speculative Build and lease up

Total sq footage: 250,000ft2

Download jobsheet

The results

Osborne+Co has achieved detailed planning to deliver a 120,000 sq ft NIA of high quality, refurbished office space in the main building which will enjoy unparalleled views over the city, together with planning for a 260-bed hotel on a site to the rear of the building.

Adjacent to Queen Street station and in the heart of the CBD, our strategy is to deliver this as the pre-eminent business hub in Glasgow for tech, media and professional tenants.

Key stakeholders

  • Glasgow City Council
  • Historic Environment Scotland
    City of Glasgow College
  • Glasgow City Innovation District Glasgow Chamber of Commerce
  • Community Interest Groups and Resident Associations Scottish Government Stakeholders including local MPs and Business Lobby Groups

 

Osborne+Co’s role

  • Equity investor
  • Securing JV equity for project
  • Design development and management
  • Securing planning and listed building consent
  • Community Liaison
  • Leasing management
  • Investment Sale

Project gallery