Green light for 400 new build-to-rent homes in Edinburgh
The Grosvenor Group said the consent unlocks the potential for its proposed build-to-rent scheme in the former industrial area close to the city centre.
The group has already completed the first phase of the development at Springside which comprises 250 homes, including homes for sale, affordable homes for the ‘frail and elderly,’ serviced apartments and two student residences providing accommodation for over 600 students. Grosvenor has also delivered 46 private rented homes that demonstrate an appetite for well-managed and well located rental properties.
David Yaldron, director city centre developments, at Grosvenor, said: “We welcome the City of Edinburgh’s forward-thinking decision in granting planning consent. Our project team has collaborated closely with local neighbourhood organisations and today’s decision marks an important and exciting step forward for the area’s wider regeneration.
“In addition to new homes, this consent includes plans for a new public square, community spaces and commercial and retail space, which we hope will add to the vibrancy of the neighbourhood and re-position it as one of the best places to live in Edinburgh.”
The architects on the scheme are CDA and HTA.