Planning and Property: Scotland £59m Glasgow PBSA Scheme at 38 Cadogan Street Nears Planning Approval February 23rd, 2026 Mya Driver A £59 million purpose-built student accommodation (PBSA) scheme proposed for 38 Cadogan Street in Glasgow city centre is progressing towards planning approval, signalling a significant new addition to the city’s student housing pipeline. The development has been brought forward by Bankfoot APAM on behalf of an investor fund and would replace an outdated, energy‑inefficient office building currently occupying the site. Major Redevelopment in Glasgow’s Business District The proposals involve demolishing the existing structure and constructing a modern PBSA block designed to improve the area’s environmental performance and contribute to wider regeneration activity in Glasgow’s core. The scheme includes around 259 student bedrooms, delivered through a mix of studio accommodation and cluster flats to suit varied living preferences. As part of the planning submission, the ground floor is designated for multiple uses, including retail, restaurant and non-residential institutional space. These elements are intended to support footfall and introduce new active frontage within the surrounding streetscape. Sustainable Architecture and Student-Focused Amenities Designed by Russ Drage Architects, the project incorporates features aimed at delivering strong sustainability outcomes and enhancing student wellbeing. Plans include: Rooftop growing garden Communal roof terraces Cooking classroom Gym facilities Lounges and social spaces Co-working and dedicated study areas The design prioritises energy efficiency and encourages social interaction while supporting academic requirements. Planning Progress and Anticipated Programme The development follows a statutory pre-application consultation carried out in 2025, which included at least two public exhibition events at the Cadogan Street site. A full planning application has been submitted to Glasgow City Council, and the scheme is reported to be close to securing approval. Earlier project details indicated a potential start on site in late 2026, with completion targeted ahead of the 2028 academic year. These timelines remain dependent on final consent and delivery sequencing. The proposed PBSA adds to ongoing investment in Glasgow’s city centre and reflects continued demand for purpose-built student housing across the city’s higher education market.