Ten-Year Regeneration Plan Laid Out For Spango Valley Site In Greenock

Posted on: 4 March 2020

Ten-Year Regeneration Plan Laid Out For Spango Valley Site In Greenock

Transformation of the former IBM complex in Greenock is expected to take around ten years to complete.

Documents submitted to Inverclyde Council's planning department reveal more details of the £100million mixed-use proposals being put forward by local businessmen Sandy and James Easdale, in partnership with Advance Construction.

A statement included with an application seeking planning permission in principle explains:

“The indicative construction programme for the proposed development is anticipated to span approximately 10 years, subject to market influences.

“Construction of the proposed development is anticipated to commence in 2020, subject to gaining planning permission, with indicative completion year of 2030.”

The proposed development will provide:

- Up to 450 new homes
- Land for employment (15,000 square metres)
- Local retail (1,500 square metres) and leisure — public house/restaurant (1,500 square metres)
- Eighty-five space park and ride beside the re-opened railway station
- Open space/parkland

The site covers about 32.4 hectares of the overall 56 hectares designated by planners as the Spango Valley Priority Place.

Other aspects of the proposals include:

- Upgrading the road junction with the A78 on the east side of the site including traffic lights with pedestrian crossing
- Provision of pedestrian/cycle routes through the site connecting with core paths to the north and south
- Potential bus route through the development

The statement continues:

“Our vision seeks the sustainable redevelopment of a brownfield site, creating a new village and community with exceptional access to open space and recreation, local retail and employment with sustainable transport on its doorstep.

“While the predominant height will be two storeys, apartment blocks of up to four storeys in height or townhouses set at three storeys will be appropriate in central locations.

“The relationship between the new community and its environment is a key characteristic of the proposal. All streets will have views towards open space and landscape, with amenity areas no more than 100 metres from anyone’s front door.

“This mixed-use community will also benefit from the opportunity to access the wider green network which surrounds it.”

Spango Valley is one of a number of sites the Easdale family has purchased in recent years through its Arranglen Investment company.

Download the masterplan, here.

Download the public consultation documents, here.

Bowman Rebecchi supports Arranglen with the letting of its Commercial Property Portfolio. To learn more, contact us.

Article and images courtesy of Inverclyde Now, with the consultation plans courtesy of Barton Willmore.

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