Moda will build in Scotland for the first time with a £105m build-to-rent scheme on the site of a former police HQ.
HAUS architects will design the scheme at Strathclyde Police’s former HQ.
The developer will build 365 apartments at the Pitt Street site with more than 20,000 sq ft of ancillary ground floor space.
The building will include cafes, restaurants, workspace and gardens.
Moda said it would work with city planners to create a “new vibrant cultural quarter”.
The developer will retain ownership of the properties and operate them only for rent.
The scheme, Moda’s first in Scotland, will replace the existing building with a modern and extensive multi-building development.
The Pitt Street offices, built in 1924, were previously home to Strathclyde Police, which was the country’s largest force from 1975 until the merger of the eight Scottish police forces in 2013.
Moda has a PRS development pipeline of more than 5,000 apartments with an end gross development value of more than £1bn.
Schemes are planned in other prime city centre sites such as Birmingham, Liverpool, Leeds, London, Manchester and more.
Moda head of acquisitions Oscar Brooks said: “The old Strathclyde Police headquarters is a fantastic site right in the heart of Glasgow, and matches our vision of delivering high-quality housing for rent in city centre locations across the UK.
“As an investor, developer, owner and operator we are here for the long term and aim to knit ourselves into the city’s fabric. We are excited to be working with Glasgow City Council in delivering high-quality homes, which help meet a pressing need for decent rental accommodation.”