The subject property comprises substantially vacant land which forms part of The Forthquarter regeneration area. Landowner National Grid Property has undertaken an extensive programme of site clearance and remediation, and has initiated a mixed use redevelopment including residential, offices, retail, leisure, and education.
The remaining land is a prime development opportunity in the busy Granton Waterfront development zone, which is currently experiencing wide ranging regeneration.
The Forthquarter site is an exceptional opportunity to secure a strategic land holding in one of the areas best positioned to respond to Edinburgh’s high demand for housing, which envisages the need for a further 3,526 households per annum until 2035.
There is a Category B listed gasholder on the site requiring repair at an estimated cost of £11.8 million as part of any development of the site. The vendor is willing to sell the site to a Restoring Purchaser, who will meet the obligations associated with the gasholder.
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. At Granton Harbour, located immediately to the north east, there are proposals for a marina, residential, and retail/leisure project. 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 national rail network can be accessed from the city centre, or from Edinburgh Park and the new Edinburgh Gateway Station some 4 miles away to the west at South Gyle. This also provides access to the Edinburgh tram, and to Edinburgh’s International Airport.
To discover more about existing planning consents for this opportunity visit here or contact;
Alison Kirkwood, Majors Waterfront Team Manager, Planning and Transport, City of Edinburgh Council
Tel: +44 (0) 131 469 3590
To obtain further information about this development opportunity please contact:
Tel: +44 (0) 131 222 4545
Tel: +44 (0) 131 222 4561
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