Following its acquisition of the former Granton Gasworks from National Grid Property, the City of Edinburgh Council now controls over 40 hectares of development land at Granton Waterfront. The Council is helping drive forward regeneration by bringing forward proposals for thousands of high-quality new homes. There is strong interest from private housebuilders with Places for People, the McTaggart Group, and the Port of Leith Housing Association all currently on site.
In addition to new homes, Granton Waterfront is rapidly emerging as a creative and cultural hub and has the potential to become one of the best places in Edinburgh to live, learn, work and visit over the next 10 - 15 years.
The area is home to Performing Arts Studio Scotland (PASS), one of Scotland’s leading performing arts academies, as well as the National Museums Collection Centre, a state-of-the-art facility for the curation and research of millions of artefacts. Plans are underway to develop a new National Collections Facility to host Scotland’s national art collection, while the Council is working to develop new flexible workspaces.
The area also has strong potential for leisure and recreation developments. The area is already home to a marina, mountain bike track, golf course, and five-a-side football facilities. Hyatt Hotels has announced plans for a 187-bedroom hotel featuring a spa and conference centre.
The regeneration of Granton Waterfront will create major opportunities for housebuilders and commercial property developers. There are also unique opportunities for developers specialising in the reuse of historic buildings, with potential for the adaptive reuse of the Granton Gasometer (at 48m high one of the UK’s largest remaining gasholders) and the Madelvic Motor Carriage works (a 5,000 sqm former Victorian factory).
The Forthquarter is located 2.7 miles north of the city centre, looking out over Scotland’s iconic Firth of Forth and beyond to Fife. Some 2.4 miles to the east, Leith offers an attractive historic centre populated with small businesses, cafes and bars, as well as the Ocean Terminal shopping centre and the Scottish Office headquarters. It is also the arrival point for the proposed next phase of the Edinburgh tram, with subsequent proposals to extend the line to Granton.
The location is highly accessible by road, with access west to the city bypass and the national motorway network. Lothian Buses run some eight bus routes that pass by The Forthquarter, giving access to the city centre and surrounding residential areas.
The views gathered from a recent public consultation will help to shape the proposed vision for Granton Waterfront and will feed in to the creation of a development framework and delivery masterplan. The development framwork will set out strategies, principles and a vision which will guide future development in the area. By spring/summer 2019 the proposed development framework and delivery masterplan will go to the planning committe for approval as non-statutory planning guidance.
To discover more about this exciting development opportunity, contact:
David COOPER, City of Edinburgh Council, E: email@example.com, T: +44 (0) 131 529 6233
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