At the COP26 climate summit in Glasgow today, Therme Group, a global developer and operator of state-of-the-art wellbeing destinations, signed heads of terms with Peel for the location of its second UK project.
On a waterfront site in central Glasgow, known as Glasgow Waters, the project will be constructed on the Peel Waters 21.5-acre site adjacent to the Riverside Museum, at the intersection of the Kelvin and Clyde rivers.
Therme is aiming to submit a planning application for Therme Scotland to Glasgow City Council in 2022. Therme Scotland is expected to be around 320,000 sq ft in size and to cost around £100 million to build. It will include a next-generation indoor water park, extensive thermal pools and spa, and a health and wellbeing centre. Additional elements of the project also include a vertical farm, which will enable sustainable and locally grown, nutrient-rich fresh produce to be available to the millions of guests that will visit every year.
The inherent link between sustainability and wellbeing are at the heart of Therme, who work to enhance urban environments and deliver long term population health benefits. At Therme Scotland, in addition to the vertical farm and botanical gardens, the group is looking at how it can introduce renewable heat sources and is considering both geothermal energy and water source heat pumps.
The site is easily accessible to sustainable transport, being in close proximity to Partick interchange. Plans also include a bridge across the River Kelvin, linking the Riverside Museum to Therme Scotland and expanding access to the Glasgow waterfront. A second bridge will be built by Glasgow City Council over the River Clyde, between Govan and Partick which will enable access for all communities.
Therme Scotland will be Therme’s second wellbeing destination in the UK after the Therme Manchester £250+ million project, also on a site owned by Peel Waters. Therme’s unique city-based wellbeing resort concept has been highly successful in Europe for more than 20 years. The group is rolling out a global development programme, with active projects in cities around the world, including Toronto and Frankfurt.
Therme is driven by a vision of ‘wellbeing for all’, in part enabled by accessible entry price points. The group will work with local stakeholders to create schemes for people with health challenges and from all backgrounds to access Therme Scotland at reduced rates and experience the wellbeing benefits it brings. Located between the University of Glasgow, Queen Elizabeth University Hospital and the city centre, Therme Scotland will partner with academic experts on multi-disciplinary research to maximise the health and wellbeing benefits delivered to the community
Stelian Iacob, Senior Vice President of Therme Group and CEO of Therme Group UK, said:
“The primary purpose of Therme projects is to benefit the communities they serve. This is achieved both as a direct result of the Therme experience and by acting as a catalyst for wider activities around biodiversity, cultural inclusion, urban greening and more. Therme projects are also key drivers of post-Covid economic, social and environmental recovery. Therme Scotland will create a fun and accessible experience with profound health and wellbeing benefits for all. We look forward to engaging with the Glasgow community as we progress with the design and development of Therme Scotland”.
James Whittaker, Peel Waters Executive Director of Development said:
“We are excited to agree Heads of Terms with Therme Group. This significant health and wellbeing destination will be a unique and sustainable addition to Glasgow Waters, Peel Water’s major waterfront regeneration project. This important facility on the Clydeside, adjacent to Peel L&P’s existing and proposed developments, will benefit the whole region as well as attracting visitors from further afield to come and enjoy Glasgow. Peel Water’s vision for Glasgow Waters is to develop the waterfront as a key retail, leisure and tourism destination on the Clyde, which will complement, support and revive the surrounding area. Therme Scotland will be an exciting visitor attraction and bring investment into the area. We look forward to working with Therme Group and engaging with local communities and public authorities to progress the design and delivery of Therme Glasgow.”