The currently provides free care for more than 1,000 adults and their families each year.
Speaking about the investment, Rhona Baillie, Chief Executive of The Prince & Princess of Wales Hospice, said the planning committee's approval was a "major milestone" in building a new hospice, making the new state-of-the-art facility a "reality".
Ms Baillie added: "Our current home at Carlton Place is at capacity and has served us exceptionally well for over 30 years. The new facility will enable us to extend our services to the people of Glasgow in purpose built facilities situated in stunning surroundings of Bellahouston Park.
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"Once open, our new Hospice will enable us for the first time to offer increased facilities for younger patients aged 15 and above, in surroundings that are appropriate for the transitional age group. This includes increased privacy with single rooms and family accommodation, as well as access to beautiful gardens and increased parking facilities.
"In addition, we will also be able to offer more flexible out-patient facilities, as well as extended education facilities. Our new Hospice will allow us to host national and local training events."
The running costs are currently £5m, of which the hospice need to raise £3m from fundraising and voluntary donations.
(JP/CD)
