Summary:
- Vita Group has acquired Glasgow’s vacant Met Tower and plans to introduce its Union co-living concept, aiming to create new residential communities for city centre professionals and support Glasgow City Council’s strategy to double the city centre population by 2035.
- The £60 million tech hub redevelopment by Bruntwood SciTech was cancelled due to economic challenges, leaving Vita Group as the key developer revitalising this landmark building with plans for communal spaces and improved connectivity.
- Vita Group’s ongoing investment in Glasgow includes sites at India Street and Sauchiehall Street, with over 2,200 student and professional beds planned or underway, reinforcing its role in the city’s growing innovation economy and residential transformation.
Original article:
https://www.heraldscotland.com/news/25373060.student-housing-developer-acquires-glasgows-met-tower/