Glasgow is set to create a new £46 million drainage system, which is expected to help unlock the development of 22,000 new homes across the region.
The Metropolitan Glasgow Strategic Drainage Plan (MGSDP) has been set up to remove drainage constraints to development plans and reduce the impact of flooding, helping to increase economic growth.
The Glasgow City Region City Deal Cabinet (GCRCDC) has confirmed that £3.17 million will be invested to fund the next phase of the project, which aims to unlock a significant portion of brownfield land to build 22,000 new homes. The project has also been designed to reduce the risk of flooding, safeguarding over 7,000 existing nearby properties.
Councillor Frank McAveety, chair of the GCRCDC, said: “The drainage plan will help to deliver 22,000 new homes, many new jobs and a huge economic boost to the Glasgow city region. This plan is a great example of how City Deal funding can enable development that would otherwise not happen, bringing tremendous economic and social benefit.
“This fantastic project will unlock a huge amount of the area's economic potential, and prevent the impact of flooding on residents and businesses.”
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Simon Dancer is a Board Member of the Institute of Economic Development, and a Director at AMION Consulting.
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