Developer Lujo Properties Limited announced that work has now started at ‘MAGWRX’ on Sauchiehall Street.
The property firm will transform the former Magnet showroom into a ‘contemporary workspace’ that is aiming to ‘drive the area’s continued revitalisation’.
Set to deliver fully-fitted suites of between 541 and 11,540 square feet, the office studios will be fully electric and rated EPC ‘A’, as well as benefitting from 24/7 access, a new entrance foyer, cycle storage, and meeting and kitchen areas
The building’s exterior will also be ‘radically transformed’ with new brickwork to better reflect and complement its neighbours on the busy street.
The redevelopment of the building is being carried out by Lujo Properties, which is a Glasgow-based family property investment and development fund.
Meanwhile, C2: Concepts has been appointed as the development’s interior designer.
Savills will be appointed as the building’s property manager, and MC2 will be its letting agent.
The redevelopment will be completed by the end of 2025