Marsichal Square scoops top award

Marischal Square has been named Regeneration Project of the Year at the sixth annual Scottish Property Awards (SPA).

The Aberdeen City Council, Muse Developments and Aviva Investors backed £107 million development was named joint winner in the category along with West Dunbartonshire Council’s Hub West.

A panel of leading commercial property experts reviewed a record 60 entries across 16 categories.

Councillor Marie Boulton, Aberdeen City Council’s City Centre Masterplan spokesperson, said: “This award recognises the positive impact Marischal Square has had on the city centre. It has breathed new life into the area, created new jobs and is making a valuable contribution to civic life.

“The development has been successful in generating footfall in the east end of the city as the public embrace the new leisure opportunities. Marischal Square is part of the wider ambitions of the City Centre Masterplan.”

The project created a mixed-use quarter which includes Grade A office space, a hotel, cafes, restaurants and civic space.

Eleven major businesses have so far taken space at Marischal Square including Spaces, RBS, Aberdeen Journals, NHS National Services Scotland, Tenaris, Mackie’s, All Bar One, Prezzo, Costa, Tony Macaroni and Marriott International.

Muse Developments Director, Scotland, Steve Turner, said: “This award is fantastic recognition of everything we have achieved at Marischal Square to date.

“Tenants now include a diverse mix of international, national and local companies who were attracted to a first-class development that is making a significant contribution to transforming the city centre and making it a place where people want to work and relax.”