The new venue is intended to be able to host a varied programme of seasonal attractions and entertainment, including gigs, fan zones and sports events.
Organisers Derek Martin and Simon McGrath said the location would let them build the popular festival “from the ground up”.
“The scale, the riverside setting and the industrial landscape around it feel completely aligned with Terminal V and give us the freedom to create something we simply couldn’t have done before,” they said.
“We’ve seen venues like Silverworks Island [in London] demonstrate just how exciting these large-scale outdoor inner city spaces can be for electronic music, and we believe Clydeside Live has the potential to become one of the most exciting new outdoor event destinations in the UK.
“For our 10th anniversary, we have the opportunity to build the festival from the ground up, rethink our stages and production for the setting and create an experience that feels distinctly Glasgow while still being unmistakably Terminal V.”