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The new SCO project is earmarked for RBS-owned land surrounded by the new St James and Registers development in the east end of the city centre.
The Dunard Fund has purchased an empty bank office building between the Harvey Nichols department store and the RBS headquarters, which it has owned since 1825.
RBS Scotland chairman Malcolm Buchanan said: “We’ve been a part of the fabric of Scottish life for nearly 300 years and this latest venture is a fantastic opportunity for us to play a major role in supporting the arts and education in Scotland.
“While we will be retaining our historic branch at 36 St Andrew Square we will be assisting in the build by making available the land around the building and 35 St Andrew Square to help make this project a reality.”
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Presume they will want pedestrian access through the RBS car park to 'St. James Quarter'?
Cycle too??