Topping out marked at 16-storey Glasgow PBSA
Seamus McAleer, chairman, McAleer & Rushe; Kevin Davidson, managing director, Puma Property Finance; and Eamonn Laverty, chief executive, McAleer & Rushe at the ceremony
Developer MRP, contractor McAleer & Rushe and funding partner Puma Property Finance have marked a major construction milestone with the topping out of Broadway Studios, a 432-bed purpose-built student accommodation (PBSA) scheme in Glasgow city centre.
The 16-storey concrete frame topped out in late 2025 and the ceremony to mark the milestone was held recently bringing together key stakeholders and guests to celebrate this significant stage of progress.
Once complete, Broadway Studios will provide residents with a sophisticated, contemporary interior design and extensive shared amenities, including a rooftop sky lounge, fitness suite, cinema, gym, private dining, and games facilities - all within a secure and vibrant environment.
Broadway Studios will be the first student development in Glasgow to fully align with the city’s new PBSA spatial standards, setting a benchmark for quality and compliance in the city.
Stephen Surphlis, managing director, MRP; Seamus McAleer; Cllr Ruairi Kelly, city convener for housing and development; Kevin Davidson; and Eamonn Laverty
Designed with sustainability and resilience at its core, the scheme will achieve BREEAM ‘Excellent’, WiredScore ‘Platinum’, and an EPC rating of A, while exceeding Glasgow City Council’s energy efficiency requirements by 20% (Gold Level). The building incorporates air-source heat pumps and high-performance building materials to deliver long-term operational efficiency.
The centrally located development offers outstanding convenience for students attending the University of Glasgow, The Royal Conservatoire of Scotland, The Glasgow School of Art, University of Strathclyde, and Glasgow Caledonian University.
Puma Property Finance provided £58 million in development finance to MRP, with construction being delivered by McAleer & Rushe. The project remains on track for completion in Summer 2026, ready to welcome students for the 2026/2027 academic year. The building will be operated by Prestige Student Living with rooms available for booking now.
Shane McCullagh, director at McAleer & Rushe, said: “Reaching the topping out milestone is a testament to the expertise and collaboration shown by everyone involved in bringing Broadway Studios to life. Thank you to our design team, supply chain, and all other partners who have supported us thus far.
“We are proud to be playing our part in delivering high-quality, sustainable student accommodation in the heart of Glasgow, and we look forward to maintaining this momentum as we progress towards completion later this year.”
Speaking at the topping out ceremony, Shane McBride, development director at MRP, said: “We are delighted to reach this significant milestone in the delivery of Broadway Studios and would like to thank our exceptional construction colleagues at McAleer & Rushe, our funding partner Puma Property Finance, Glasgow City Council, our dedicated subcontractors, professional consultant team, and the local community for their continued support throughout the development.
“We are also pleased to have appointed Prestige Student Living to operate the building on our behalf and are already taking room bookings for the 2026/27 academic year. The project progresses at pace towards completion, and we look forward to opening the doors to our residents in early September 2026.”
Speaking at the topping out ceremony, Kevin Davidson, managing director, Puma Property Finance, said: “It was a pleasure to attend this milestone event at Broadway Studios and see first hand the great progress being made by MRP, McAleer & Rushe and the wider construction team in bringing this high quality student accommodation scheme to Glasgow this year.
“We look forward to continuing the excellent working relationship we have with MRP and seeing progress to completion this summer and students taking up occupation for 2026/27 academic year.”

