Green Light for Edinburgh Fountainbridge Scheme

Posted on 3 May, 2015 by Cliff Goodwin

Two key elements for the regeneration of Edinburgh’s Fountainbridge district have received approval. Work on the Freer Street site, west of the city centre, is expected to begin by the autumn.

Green-Light-for-Edinburgh-Fountainbridge-Scheme

The first scheme to get underway — as part of the City of Edinburgh Council’s master plan for the area — will be for a Union Hanover Securities-backed Urban Villa hotel.  Meanwhile, more detailed design work will continue after outline planning consent was granted for a mixed-use residential, leisure and office scheme.

Both projects, together valued at £120m, are being managed by Harrogate-based Amco Developments. Amco is working in conjunction with Union Hanover to deliver a £35m canalside Urban Villa Aparthotel in the Scottish capital.

One of five Urban Villas currently planned for the UK, the Edinburgh hotel will be the “brand defining” flagship and has been designed by New York-based architect Gryzwinski and Pons in conjunction with Edinburgh’s Michael Laird Architects.

The hotel has always been seen as the catalyst for the Fountainbridge site and will contain 180 apartments, lounge and restaurant facilities, a gym and be managed exactly like a traditional luxury hotel.

The city council’s overall vision for Fountainbridge — the area of Edinburgh where James Bond actor Sean Connery was born — will see the construction of 140,000 sq ft of Grade A offices, 182,000 sq ft of retail and commercial space and 78 residential apartments.




Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

Interest Rates Impact on Commercial Property

Commercial Property Investment Outlook for 2023

The best places to stay on the Riviera

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants