A brownfield site in the centre of Scotland’s largest city is to developed to create almost 600 student studio apartments and 20 affordable homes.
Vita Group has submitted a planning application for the 20 India Street regeneration site in Glasgow.
The proposal includes the provision of 20 new affordable apartments which will be delivered with partner West of Scotland Housing Association and will be made up of ten one-bedroom apartments suitable for single people or couples, with ten two-bedroom apartments, suitable for families.
Max Bielby, Vita Group chief operating officer, said: “Over the last six months we’ve been working with the local community, councillors and a broad spectrum of stakeholders to shape plans for 20 India Street, breathing new life into this brownfield site. Now we’re excited to submit our proposals and bring forward plans for affordable housing, student accommodation and new commercial opportunities at this important site.
“The development emphasises our commitment to Glasgow aims to help to alleviate some of the pressures felt across the city as a result of Glasgow’s growing population and lack of available housing types.”
Read the full story here
Electricity and gas giant to pay £1.5m for overcharging customers
Energy giant ScottishPower is paying £1.5 million in refunds and compensation after it charged customers above the price cap during the height of the energy crisis.
Regulator Ofgem said today that ScottishPower Energy Retail Ltd had “agreed the redress package after the supplier confirmed that between 2015 and 2023, it mistakenly overcharged 1,699 direct debit customers a higher rate, which should only apply to those who pay by standard credit (on receipt of bill)”. Ofgem said, in weighing the redress package, it had “considered the additional strain and financial hardship” that ScottishPower’s error may have caused customers.
Read Ian McConnell's story here
Scottish rocket launcher lands multi-million funding deal
Scottish space company Orbex has received £16.7 million from a group of six significant investors to further work on its rocket technology and construction of its launch facility in Sutherland.
The cash injection is an update to its £40.4m Series C funding round completed in October 2022 and takes the total funds raised by the business to £102m. The money will help Orbex ramp up the development of Prime, its 19-metre two-stage rocket designed to transport small satellites into low Earth orbit (LEO).
Read Kristy Dorsey's story here
Borders group hails 'landmark' housing project
Scottish Borders Housing Association has joined forces with Cruden Homes to deliver its biggest-ever new-build project.
Read Scott Wright's story here
The “landmark development” will see the housebuilder construct 70 new affordable homes on the site of the former Howdenburn Primary School in Jedburgh. The homes were delivered after SBHA identified “significant housing demand” in the Borders town, with more than 350 applicants expressing a preference for living in the area. Analysis by the association meanwhile revealed a need for diverse housing options within the town.
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