Monthly Archives: March 2017

£40m residential conversion planned for former Scottish Power HQ

March 22, 2017

Detailed plans have been lodged for a £40 million conversion of the former Scottish Power headquarters in Cathcart, Glasgow.

Following extensive public consultation and positive feedback, the property developer FM Group has refined the design of the Spean Street site with the local authority’s planning department and put forward a detailed planning application.

The site comprises the Grade B-listed Cathcart House and a late nineteen sixties office building conversion. Under FM Group’s plans, the B-listed building will be sensitively converted into 80 apartments over five levels.

Integral to the design is the reinstated central light well and amenity courtyard. The ground floor space will accommodate new leisure and commercial outlets. Meanwhile, the office extension building will be refurbished to make way for 45 apartments over six levels with underground car parking and a feature garden terrace.

Jonathon Milne, director of FM Group, said: “These plans have been well received locally and we are excited about the potential for this development which will provide highly desirable, city living, in line with Glasgow City Council policy.

“FM Group has gained a reputation for refurbishing buildings into award-winning mixed use projects. Projects in Glasgow include, The Pinnacle on Bothwell Street, which has positively added to the immediate area and led to further development, 53 Morrison Street, which was the catalyst for the redevelopment of the Tradeston area, and the iconic Herald HQ building.”

FM Group is currently working on the restoration of Ury Castle in Aberdeenshire, alongside its Jack Nicklaus signature golf development and a refurbishment of Dalnair Castle near Loch Lomond into luxury apartments and Sunnyside Estate, an exciting mixed-use development at Montrose.

To register your interest please get in touch by telephoning 0044 (0)131 226 4135
Or email: enquiries@fmproperty.co.uk

£100 million redevelopment of Sunnyside Hospital update

March 16, 2017

Plans for the £100 million redevelopment of a former hospital site near Montrose have now submitted the proposals to Angus Council.

The former Sunnyside Royal Hospital site in Hillside was acquired by the FM Group and Montrose-based Pert Bruce Construction Ltd from NHS Tayside in a seven figure deal in August.

The mixed-use development, called Sunnyside Park, will comprise housing, retail, commercial and social housing including affordable, retirement and assisted-living housing in a mixture of apartments and family homes.

Sunnyside Estate Ltd, the joint venture company responsible for the transformation, has lodged its planning-in-principle application for a mixed use development on the 64-acre site.

The development plan indicates the release of around 265 houses, with 140 in the first phase period to 2021, with the remainder to follow within five years.

David Stewart, director of Sunnyside Estate, said: “Our vision is for a distinctive development which enhances and benefits the local area, sustaining and creating local jobs, has been foremost in our thinking for Sunnyside”.

Read the full story.

ICMI Group partners with the FM Group to create a luxury 5 Star Hotel and Golf course experience

March 9, 2017

ICMI group that runs tennis star Andy Murray’s Cromlix Hotel has joined forces with the FM Group who is the developer for the URY Estate to launch a golf resort that is set to rival US presidential candidate Donald Trump’s Menie Estate complex.

Inverlochy Castle Management International, whose portfolio includes the Cromlix Hotel in Perthshire as well as Inverlochy Castle Hotel in Fort William, will run the hotel on the Ury Estate near Stonehaven on behalf of the FM Group.

The complex, which will see the derelict Ury House converted into a 50-room boutique hotel and spa, will include a Jack Nicklaus-designed golf course as well as 90 houses and a conference centre.

ICMI managing director Norbert Lieder said “there is a real need for a resort of this quality in the north east” while a spokesperson for the FM Group said the development will help put the region on the global golfing map.

Read the full article in The Herald