FUNDING of £45,000 is expected to be awarded to Govan Housing Association this week in a bid to transform the area.

If approved the city council grant will be used to part-fund the commercial property demand which will form part of the re-development of Water Row in the heart of Govan.

The local authority has been supporting the regeneration of Govan since 2006 when it first approved 500 new homes and 28,000 square feet of commercial floorspace.

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Last week the council gave the green-light to a £57 million masterplan to build a further 200 new homes, including 159 flats and 41 terraced houses as well as commercial space.

The plan also integrates the south landing of the planned Govan-Partick Bridge, walking and cycling connections throughout the city and the proposals for the redevelopment of the Category A listed Govan Old as a cultural destination and enterprise hub.

Water Row was historically a key site for Govan and the wider city, being a significant crossing point across the Clyde and home to shipbuilding companies.

Planning studies carried out over the last decade have found that the redevelopment of Water Row will play a pivotal role in the regeneration of Central Govan and transform the city’s waterfront.

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As a result the masterplan was developed. Consultation with the community and partner organisations, including five public events, a series of design and workshops allowed members of the public and private organisations to have their say.

Glasgow’s housing service is now working with the Govan Housing Association and local stakeholders to make the site viable for mid-market rented accommodation.

Developers will not only focus on housing but making the area a lively focal point with a mix of commercial, civic economy, community, leisure and residential use.

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Work is expected to be completed in stages.

Phase one on the project is expected to begin early 2020 and completed by May 2021. The masterplan aims to make the most of the assets in the immediate area, including its unique heritage and cultural offering, excellent connectivity and distinct riverside location.

The city administration is expected to approve the proposal on Thursday.