Direct Line Group Chubb, Atkins Credit Suisse, Direct Line, Barclays, BNP Paribas, JPMorgan Chase, NFU Mutual, Morgan Stanley, JPMorgan Chase, SWIP, esure, HM Revenue and Customs, Scottish and Southern Energy, Scottish Courts and Tribunals Service, Department for Work and Pensions, Aon
Groundbreaking
2000–2001
Construction started
2001
Completed
2003
Opened
2003
Renovated
2018–present, new buildings under construction
Cost
£1 billion
Client
Scottish Enterprise
Owner
Scottish Enterprise, Glasgow City Council
Management
Scottish Government, Scottish Development International, Skills Development Scotland, Glasgow Chamber of Commerce, Glasgow Economic Leadership, BT and numerous, financial institutions, property developers and investors
Grounds
3 million sq ft (across multiple buildings)[1]
Website
www.ifsdglasgow.co.uk
The International Financial Services District (IFSD) (Scottish Gaelic: Sgìre Seirbheisean Ionmhais Eadar-nàiseanta) began being marketed and developed in succession to the Broomielaw Project pioneered by the Scottish Development Agency in the late 1980s. A public-private financial district in Glasgow, Scotland; attracting inward investment for leading international financial services companies and a re-location option for existing Glasgow-based companies, seeking to expand their operations.
The district is over 3 million sq ft of office space which has been developed at the district since the start of the project in 2001.[2] Nicknamed "Wall Street on the Clyde", it ranked in the top 40 of international financial districts, ahead of cities including Brussels, Madrid, Helsinki, Milan and Dublin.[3] Today, it is a major hub in Glasgow for international business, as well as a major contributor to the Economy of Scotland. Notable tenants include Morgan Stanley, JPMorgan Chase and Barclays.[4]
The separate marketing of the area has now ended, in 2023, and city promotion is part of InvestGlasgow.[5] headquartered in Glasgow City Council.
^"Business Relocation – Facts about Glasgow's Financial District - IFSD".
^"Business Relocation – Facts about Glasgow's Financial District - IFSD".
^"Wall Street on the Clyde' in world Top 40". Glasgow Times. Retrieved 27 November 2023.
^"Business Relocation – Facts about Glasgow's Financial District - IFSD".
^https://www.investglasgow.com/
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