International Financial Services District | |
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Sgìre Seirbheisean Ionmhais Eadar-nàiseanta (Scottish Gaelic) | |
General information | |
Status | Completed |
Type | Financial, Government agency, National government, insurance, corporation headquarters |
Location | Broomielaw, Glasgow, Scotland |
Coordinates | 55°51′24″N 4°15′45″W / 55.85677°N 4.26241°W |
Current tenants | See Buildings & Notable Residents |
Construction started | 2001 |
Opened | 2003 |
Cost | £1 billion |
Owner | Scottish Enterprise, Glasgow City Council |
Management | Scottish Government, Scottish Development International, Skills Development Scotland, Glasgow Chamber of Commerce |
Grounds | 3 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.