The chain will become the fifth of six restaurants opening in the newly-developed Standard Life building in St Andrew Square. The £90 million development by Standard Life Pooled Property Pension Fund and Peveril Securities is now fully let and includes the TK Maxx store as well as offices for Aberdeen Standard Invesments.
The Argentine steakhouse has signed a 20-year lease for a 6,512 sq ft unit next to Wagamama. The Ivy brasserie and Vapiano are opening soon, while Drake & Morgan has launched The Refinery and Dishoom has created a Bombay-style café.
We have attracted a great mix of restaurants and chefs to Scotland for the first time, and created a new high-quality leisure hub in the heart of the city. St Andrew Square is a fantastic location and we are proud to have played a major part in its renaissance and regeneration.David Stewart, Fund Manager, Aberdeen Standard Investments
Ralph Jones, managing director of Peveril Securities, added: “As work draws to a close on the development, Gaucho joins an impressive collection of restaurants and is the last piece of the jigsaw on the south side of the square. What used to be an unloved, half-empty street is now a flourishing desirable destination.”
The 165,000 sq ft mixed-use development comprises 100,000 sq ft of office space, plus 65,000 sq ft of shops, restaurants and apartments...