International Financial Services District

International Financial Services District
Sgìre Seirbheisean Ionmhais Eadar-nàiseanta (Scottish Gaelic)
Current logo of the IFSD
Part of the IFSD, with the Tradeston Bridge in the foreground, May 2016
Map
General information
StatusCompleted
TypeFinancial, Government agency, National government, insurance, corporation headquarters
LocationBroomielaw, Glasgow, Scotland
Coordinates55°51′24″N 4°15′45″W / 55.85677°N 4.26241°W / 55.85677; -4.26241
Current tenantsSee Buildings & Notable Residents
Construction started2001
Opened2003
Cost£1 billion
OwnerScottish Enterprise, Glasgow City Council
ManagementScottish Government, Scottish Development International, Skills Development Scotland, Glasgow Chamber of Commerce
Grounds3 million sq ft (across multiple buildings)[1]
Website
International Financial Services District

The International Financial Services District (IFSD) (Scottish Gaelic: Sgìre Seirbheisean Ionmhais Eadar-nàiseanta) is a financial district in the city of Glasgow, the largest city in Scotland. 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.[2]

The district 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. 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.[3]

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.[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.

  1. ^ "Business Relocation – Facts about Glasgow's Financial District - IFSD".
  2. ^ "Wall Street on the Clyde' in world Top 40". Glasgow Times. 26 September 2012. Retrieved 27 November 2023.
  3. ^ "Business Relocation – Facts about Glasgow's Financial District - IFSD".
  4. ^ "Business Relocation – Facts about Glasgow's Financial District - IFSD".
  5. ^ https://www.investglasgow.com/ [bare URL]