A NEW £94 million premium residential development on the site of Glasgow’s former Jordanhill Campus could create up to 200 jobs and give a significant boost to the city economy, according to a new study.

The economic impact assessment for developer CALA Homes from consultants Peter Brett Associates said the project would take six years to build and would support “1002 person years of construction employment” – the equivalent of about 100 jobs. It also suggested that the construction stage would support a further 95 indirect jobs in the wider economy.

The 100 construction jobs created would, said the study, contribute more than £5m of Gross Value Added (GVA) to the city’s economy. Post-construction, the development would be expected to raise an additional £1.3m in council tax.

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Other significant findings from the assessment include: support for 167 construction jobs per year over the six-year build; a total of 1034 residents could be attracted to the site once completed, including 561 who are economically active; and 420 new trees would be planted at the site. The development would see 106 refurbished apartments created in the Category B-listed David Stow, plus 306 new family homes and flats. City retailers would enjoy a retained resident spend of £5.8m, amounting to 36 retail jobs.

The analysis was undertaken as part of CALA Homes’ planning application to Glasgow City Council. Planning permission was previously granted in principle to Strathclyde University, owners of the 31-acre site.

Central to CALA’s proposals is the retention of the David Stow building. Two other buildings, Graham House and Douglas House, which have no listed status, will also be conserved and converted under the proposals.

The housebuilder said its plans will enhance the existing landscape and create new public access to parkland within the site.

More than 40 per cent of the proposed development will be retained as greenspace. Playing fields and acres of ancient woodland which are located on the site will be protected with new designated play areas. A community facility operated by Glasgow Life would be made available to local schools.

Jim McIntyre, managing director of CALA Homes (West), said: “Jordanhill Campus offers a fantastic opportunity to create much-needed high-quality homes in a desirable Glasgow location which is currently derelict.

“We now know it also has the potential to deliver 100 new construction jobs and support a further 95 jobs locally during the construction phase. That would be a real boost for job prospects in Glasgow, especially in the construction sector.

“Longer term, our proposals for Jordanhill Campus will help Glasgow to retain economically active people and protect council tax income.

“I’m extremely proud of our plans for Jordanhill Campus and the many benefits it could bring to the local and wider community.”