Elphinstone Place is a cancelled

skyscraper A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-ri ...

project that was scheduled to be built in

Glasgow Glasgow ( ; sco, Glesca or ; gd, Glaschu ) is the most populous city in Scotland and the fourth-most populous city in the United Kingdom, as well as being the 27th largest city by population in Europe. In 2020, it had an estimated pop ...

Scotland Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to th ...

. The building, which had been in the planning stage since 2004 would have been a

mixed-use development Mixed-use is a kind of urban development, urban design, urban planning and/or a zoning type that blends multiple uses, such as residential, commercial, cultural, institutional, or entertainment, into one space, where those functions are to ...

consisting of office, retail and residential. It was to be built on the site of the former

Strathclyde Regional Council Strathclyde ( in Gaelic, meaning "strath (valley) of the River Clyde") was one of nine former local government regions of Scotland created in 1975 by the Local Government (Scotland) Act 1973 and abolished in 1996 by the Local Government et ...

Headquarters. In July 2008 The developers Elphinstone announced that the building had been cancelled due to the difficulties arising from the

subprime mortgage crisis The United States subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010 that contributed to the 2007–2008 global financial crisis. It was triggered by a large decline in US home prices after the coll ...

, with one of the main financial backers of the project being the failed

Lehman Brothers Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, a ...

. Although ground work had been completed for the tower it was indicated by the developer that a "fall-back project is not in place" for the site. At 39-stories the structure would have been the tallest building in both Glasgow and

. The building would have been situated at the western end of

Blythswood Hill Blythswood Hill, crowned by the elegance of Blythswood Square, is the wealthiest part of central Glasgow, Scotland. It extends from the west edge of Buchanan Street to Gordon Street and Bothwell Street, Charing Cross, Sauchiehall Street ...

on the edge of Glasgow's financial district ( IFSD). In July 2012, it was announced that the site would instead be used for a new headquarters complex for the energy company,

Scottish Power Scottish Power is a vertically integrated energy company based in Glasgow, Scotland. It is a subsidiary of Spanish utility firm Iberdrola. ScottishPower is the distribution network operator for Central and Southern Scotland, Merseyside, No ...

; that project, of more modest height (albeit still around 60 metres) was completed in 2017.

References

External links

Official Website
*{{SkyscraperPage, 28738
Summary at SkyScraperNews website
Skyscrapers in Glasgow Unbuilt buildings and structures in the United Kingdom

See also

References

External links