The minister hailed the investment as "a shot in the arm for the Glasgow economy".
The business park is Glasgow's newest advanced manufacturing destination and just ten minutes from Glasgow city centre, and has already attracted international businesses such as Glacier Energy Services, Torishima Service Solutions Europe, Network Rail and BT Open Reach.
Work begins only a few months after a Memorandum of Understanding (MoU) between Scottish Enterprise and Clyde Gateway was signed, aimed at unlocking investment, including the £2.4m of funding to develop the three new units. The units are on course to be completed in Summer 2024.
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Overall the MoU hopes to leverage up to £16m of support from Scottish Enterprise towards a planned £60m construction programme over the next five years, with £4m funding from the Scottish Government's Regeneration Capital Grant Fund and £950,000 from Glasgow City Council's Vacant and Derelict Land Fund.
The three new units will total 57,791 sq ft of high specification space with car, EV and cycle parking. Each unit includes secure yardage, low energy lighting, air source heat pumps, PV panels on the roof and a fibre connection. The buildings will be able to access a 'Smart Grid', improving the efficiency, reliability and economics of an organisation's needs.
This far in advance of practical completion there may be the opportunity for bespoke modifications to meet specific occupier requirements. A design team is on hand to assist.
The business park lies within an area qualifying for Tier 2 Regional Selective Assistance meaning that occupants could be eligible for a contribution of up to 35% towards establishing a new manufacturing facility there.
