A former textiles warehouse in Glasgow's Merchant City has been transformed into a new centre for artists and arts companies in a £3.5 million regeneration plan.
The South Block in the Merchant City area will contribute £69m
to the local economy, according to its developers, the Scottish
arts charity Wasps Studios.
The building in Osborne Street, with 50,000 sq ft of space, now
houses studio space for artists and craft makers as well as
offices. South Block has already secured tenants for around 70 of
the available 96 work spaces in the four-floor Edwardian
building.
South Block is part of a project to develop five new arts
buildings in five communities in five years with £2.5m National
Lottery investment from Creative Scotland, the national arts
funding body. Scottish Enterprise estimates that the project
is likely to generate economic benefits of £69m over the next 20
years.
Once the building is fully let it will provide a cultural and
creative industries hub for around 200 people.
Source:
The Herald - Studios to nurture creative talent