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We are thrilled to have acquired the Grade B listed Station House in Glasgow City Centre in a multi-million pound deal for conversion to affordable housing.
Station House at 34 St Enoch’s Square consists of two Victorian blocks, originally built in the 19th century as the headquarters for the Glasgow and South Western Railway Company. The location is adjacent to the SPT underground network, the retail offer of St Enoch’s Centre, Argyle St and Buchanan St and all the services that Glasgow city centre provides. The property extends over five floors from first floor level, with retail on the ground floor in separate ownership.
Of the acquisition, Director of Development and Asset Management at WSHA, Andrew Kubski said:
"We are thrilled to have acquired Station House on St Enoch Square in the heart of the city centre as our first conversion project. We are looking at developing the site into mid-market rent properties which will provide new affordable housing options for residents. We have been supported in this purchase by the City Council through the Affordable Housing Supply Programme and delighted to play a part in the Council's strategy to bring people back into Glasgow city centre to ensure the sustainability of the city for the future."
The acquisition of Station House and its development will mark West of Scotland’s first Glasgow City Centre mid-market rent properties. We currently own and manage 144 new-built MMR properties in Dundashill and Dalmarnock, Glasgow, and welcomed the first tenants to these homes in December 2023. Generally aimed at those on a low to moderate income who wouldn’t qualify for social housing but can’t afford to pay market rent or buy a property, the development of MMR homes is an important facet of our mission to provide affordable housing options to residents across the country.
Councillor Kenny McLean, convener for Housing at Glasgow City Council, said:
“This is significant news that illustrates the changes underway in Glasgow city centre, and we are delighted to support West of Scotland Housing Association on this project. The repurposing of this vacant property, and increasing the city centre population, are key goals in our strategies for the area. The plans for this striking building will not only bring it back to life, but also help revitalise St Enoch’s Square as residents enjoy affordable, high-quality and energy-efficient homes in the centre of Glasgow.”