Chroma Developments will invest up to £3m over the next two years in creating a new events hub on Dundee’s waterfront, which will also be home to the visual effects technology lab announced by Abertay University last week.
A meeting of Dundee City Council’s planning committee on Monday approved proposals to transform vacant space at the south end of its Water’s Edge building on Camperdown Street.
The Water’s Edge site is Chroma’s first major development, revitalising one of the oldest buildings in the former Dundee docks area - the historic ‘Shed 25’ - to create 17,500 square feet of Grade-A office space.