Situated in the city centre and overlooking the River Clyde, the property will feature 242 chambers and grand chamber suites.
The hotel will also include meeting and event spaces, and a number of dining and drinking outlets, such as Commons Club, the restaurant, bar, and modern social club, and Funny Library Coffee Shop, a communal workspace filled with books and games.
Sir Richard Branson, founder of the Virgin Group, said: “Since launching the first property in 2015, Virgin Hotels has established a beloved brand amongst many, always ensuring that all offerings embrace and showcase the local community culture for all travelers to enjoy; and this property will surely do the same.”
James Bermingham, CEO at Virgin Hotels, said: “We are thrilled to announce this exciting development in the vibrant city of Glasgow.
“Glasgow features distinctive art, music, shopping and much more—making it the perfect location for the newest hotel.
“We look forward to welcoming locals and visitors alike to enjoy our distinctive lifestyle experience.”