BDC

Search
Linkedin

First phase of landmark new rental neighbourhood in Glasgow 100% pre-let as building completes

Moda, Holland Park, a new rental neighbourhood with community and wellbeing at its heart, has reached practical completion and opened its doors to residents in the centre of Glasgow. Proving strong demand for high quality rental homes in the city, Moda, Holland Park opened its doors with all available apartments fully let. With state-of-the-art facilities across its 433 homes and amenities, the neighbourhood cements Moda Living’s reputation for building the happiest and healthiest communities in the UK. With design and materials inspired by Glasgow’s heritage in arts, culture and industry as well as the city’s botanical gardens, Moda, Holland Park, has delivered 433 interior-designed studio, one, two, and three-bedroom apartments for rent on Pitt Street, available furnished or unfurnished. The homes are complemented by 11,000 sq ft of amenities including a 24/7 gym and fitness centre, private dining rooms, cinema and gaming rooms, sky lounges with panoramic views over Glasgow, and landscaped spaces and roof terraces. Rent includes access to these spaces, high-speed wifi, and a 24/7 concierge service. The neighbourhood also offers 15,000 sq ft of commercial space. Health and wellbeing are built into the core of the neighbourhood, with a three-star Fitwel rating, Moda ensures wellness is embedded in every aspect of its buildings and public spaces from initial design to long-term operation. Working closely with team and residents, Moda will continually work to manage the carbon output of the rental neighbourhood. Utopi sensors in each apartment will allow residents to monitor their carbon output through the MyModa app, and ongoing communications with residents will encourage sustainable living within the neighbourhood. The neighbourhood significantly boosted employment and skills in the city centre, with 1,226 local people employed on the project. Training was provided to 24 apprentices and another 120 people under the age of 24. Moda’s construction partner Roberston also diverted 100% of site waste away from landfill. During construction of Moda, Holland Park, £38m was injected directly into the local economy, £11m of which was spent with SMEs. Moda, Holland Park was funded by a JV between Harrison Street, NFU Mutual and Apache Capital. Haus Collective and Ryder Architects were the architects on the project. As the long-term operator of the neighbourhood, Moda will continue to drive social value and contribute positively to its wider community. Earlier this year, Moda announced a three-year partnership with Glasgow School of Art. Moda, Holland Park is Moda’s second build-to-rent neighbourhood in Scotland, following Moda, The McEwan in Edinburgh – also funded by the Harrison Street, NFU Mutual and Apache Capital JV. Andrew Parker, Managing Director of Development at Moda Group, said: “Moda, Holland Park has delivered a new way of living to Glasgow, adding much needed, high-quality housing for its communities to enjoy for generations to come. We’re proud to have completed the build on the neighbourhood and of the jobs and wider economic value the project has delivered to date. We thank Robertson for its hard work on the project to realise the fantastic ambition of the project. “Our first residents are now living in the neighbourhood and we are looking forward to growing our Glasgow community in the coming weeks and months.” Elliot Robertson, Chief Executive, Robertson Group, said: “Seeing Holland Park come to life, as the first residents move in, is immensely satisfying for everyone on the team. The project is an exceptional example of repurposing a city centre site and how buy-to-rent can push boundaries, centred on integrated technology, health and wellbeing. “The site itself presented a challenging city centre interface but through close collaboration with our site neighbours, and a shared ethos with Moda to create positive change in what we do. We continue to champion high quality construction which enhances local communities. Over the course of the project, £38m has been spent with our local supply chain, and the site has provided training experience for over 100 young people.” John Dunkerley, CEO, Apache Capital: “With a conducive policy framework, institutional capital can play a critical role in Scotland’s rental housing market, not only in respect of boosting supply, but also in terms of stock diversification and improvement of the resident experience. Holland Park and The McEwan are exemplary in their approach towards amenity provision, operational management, and local community building, and set the standard of what renters can come to expect through build-to-rent development.”
  • Construction of 433-home BTR neighbourhood completes in Glasgow City Centre
  • First phase of homes 100% pre-let on opening, beating all pre-let targets
  • Project employed 1,226 local people and injected £40m into Glasgow economy

Moda, Holland Park, a new rental neighbourhood with community and wellbeing at its heart, has reached practical completion and opened its doors to residents in the centre of Glasgow.

Proving strong demand for high quality rental homes in the city, Moda, Holland Park opened its doors with all available apartments fully let. With state-of-the-art facilities across its 433 homes and amenities, the neighbourhood cements Moda Living’s reputation for building the happiest and healthiest communities in the UK.

With design and materials inspired by Glasgow’s heritage in arts, culture and industry as well as the city’s botanical gardens, Moda, Holland Park, has delivered 433 interior-designed studio, one, two, and three-bedroom apartments for rent on Pitt Street, available furnished or unfurnished.

The homes are complemented by 11,000 sq ft of amenities including a 24/7 gym and fitness centre, private dining rooms, cinema and gaming rooms, sky lounges with panoramic views over Glasgow, and landscaped spaces and roof terraces. Rent includes access to these spaces, high-speed wifi, and a 24/7 concierge service. The neighbourhood also offers 15,000 sq ft of commercial space.

Health and wellbeing are built into the core of the neighbourhood, with a three-star Fitwel rating, Moda ensures wellness is embedded in every aspect of its buildings and public spaces from initial design to long-term operation.

Working closely with team and residents, Moda will continually work to manage the carbon output of the rental neighbourhood. Utopi sensors in each apartment will allow residents to monitor their carbon output through the MyModa app, and ongoing communications with residents will encourage sustainable living within the neighbourhood.

The neighbourhood significantly boosted employment and skills in the city centre, with 1,226 local people employed on the project. Training was provided to 24 apprentices and another 120 people under the age of 24. Moda’s construction partner Roberston also diverted 100% of site waste away from landfill. During construction of Moda, Holland Park, £38m was injected directly into the local economy, £11m of which was spent with SMEs.

Moda, Holland Park was funded by a JV between Harrison Street, NFU Mutual and Apache Capital. Haus Collective and Ryder Architects were the architects on the project.

As the long-term operator of the neighbourhood, Moda will continue to drive social value and contribute positively to its wider community. Earlier this year, Moda announced a three-year partnership with Glasgow School of Art. 

Moda, Holland Park is Moda’s second build-to-rent neighbourhood in Scotland, following Moda, The McEwan in Edinburgh – also funded by the Harrison Street, NFU Mutual and Apache Capital JV.

Andrew Parker, Managing Director of Development at Moda Group, said: “Moda, Holland Park has delivered a new way of living to Glasgow, adding much needed, high-quality housing for its communities to enjoy for generations to come. We’re proud to have completed the build on the neighbourhood and of the jobs and wider economic value the project has delivered to date. We thank Robertson for its hard work on the project to realise the fantastic ambition of the project.

“Our first residents are now living in the neighbourhood and we are looking forward to growing our Glasgow community in the coming weeks and months.”

Elliot Robertson, Chief Executive, Robertson Group, said: “Seeing Holland Park come to life, as the first residents move in, is immensely satisfying for everyone on the team. The project is an exceptional example of repurposing a city centre site and how buy-to-rent can push boundaries, centred on integrated technology, health and wellbeing.

“The site itself presented a challenging city centre interface but through close collaboration with our site neighbours, and a shared ethos with Moda to create positive change in what we do.  We continue to champion high quality construction which enhances local communities. Over the course of the project, £38m has been spent with our local supply chain, and the site has provided training experience for over 100 young people.”

John Dunkerley, CEO, Apache Capital: “With a conducive policy framework, institutional capital can play a critical role in Scotland’s rental housing market, not only in respect of boosting supply, but also in terms of stock diversification and improvement of the resident experience. Holland Park and The McEwan are exemplary in their approach towards amenity provision, operational management, and local community building, and set the standard of what renters can come to expect through build-to-rent development.”

Building, Design & Construction Magazine | The Choice of Industry Professionals

LinkedIn
Twitter
Facebook
Pinterest
WhatsApp
Email
Picture of Kenneth Booth

Kenneth Booth

All Posts »

Latest Issue

BDC 319 : Aug 2024