After purchasing a “extensive waterfront site” on Cardross Road just outside Dumbarton, the entrepreneurs Sandy and James Easdale have more land deals in the pipeline, likely to be revealed in the first quarter.
The site of the former St. Michael’s Primary School, less than a mile west of Dumbarton town center, was bought by the brothers, who own McGill’s bus company, from the trustees of the Sisters of Notre Dame de Namur for an undisclosed amount through broker JLL.
The deal paves the way for the construction of around 100 homes on the site for £ 30 million, taking the value of the proposed building projects of the brothers to the £ 400 million mark. These ventures also include Glenrothes’ proposed 250-million-pound housing development and Spango Valley’s 100-million-pound housing development. A £ 20 million development of the former Watt Brothers building in Glasgow is also planned by The Easdales.
“We expect to make more acquisitions in the near future.” Sandy Easdale said. James Easdale said, “While others are shying away from investment, we are looking for new opportunities in both construction and transportation.”