07 July 2020
Telereal Trillium’s plans to regenerate a city centre site and create up to 140 new homes have been approved in principle by Aberdeen City Council.
The proposals, which Telereal Trillium brought forward in August 2019 for public consultation, will see the major residential redevelopment of Greyfriars House at 54 Gallowgate, replacing the existing disused, 1950s office block with up to 140 high quality apartments.
Greyfriars House has been vacant since January 2019 when its long-term tenant the Department for Work and Pensions (DWP), vacated the building. Following no further interest from other businesses to occupy the building, Telereal Trillium reconceptualised the well-located site in accordance with the City Council’s planning policy of encouraging city centre living.
The apartments will be spread across three new buildings with car parking for 33 cars including accessible spaces and provision for electric vehicle charging points.
In bringing forward the development, Telereal Trillium will also fund improvements to local education, healthcare and transport facilities, including car club and bus stop upgrades.
Sam Rosenkranz, Asset Manager at Telereal Trillium, said:
“Greyfriars House represents a great opportunity to bring this city centre location back to life and reignite its contribution to the local economy. We want to thank the City Council and members of the local community that contributed to consultation events for their assistance in moving this important project forward and giving us the ability to unlock the regeneration of this part of Aberdeen.”
Claire Crawford from Savills said:
“We are delighted to have assisted Telereal Trillium alongside Richard Slipper Planning Consultants and CDA (Architects) to create a scheme which is marketable and deliverable. The Council have allowed flexibility where it is needed in order to encourage the development of high-quality apartments at scale, something the City Centre has not seen in many years. We look forward to marketing this opportunity and expect developers to be enticed by the affordable housing waiver, the quality of design and the excellent city centre location.”
Telereal Trillium has retained CDA Group Architects to undertake the design project and lead the planning application. Savills has advised on the property’s marketing, having undertaken a 2018 study on city centre living for the City Council.