COUNCIL UNVEILS PLANS FOR AFFORDABLE HOMES AND WORKPLACES IN FOUNTAINBRIDGE
A former brewery complex in Fountainbridge is to be developed by the City of Edinburgh Council to deliver a vibrant city quarter including over 400 new homes, as well as quality office space which will promote innovation and a small element of retail.
Work to prepare the site is set to commence early next year, with the site expected to be fully developed by 2025.
The Council owns 4.7 hectares of brownfield land at Fountainbridge, 1.2 hectares of which have already been used to build the new Boroughmuir High School, leaving the remaining land for mixed-use development.
The Council will seek a development partner to deliver over 400 new homes across four blocks, comprising a mix of social housing; homes for rent from the Council’s housing partnerships; and homes for sale, helping the Council to deliver 20,000 new affordable homes in the next ten years. Retail and business units will also be developed on the ground floors.
The next Housing and Economy Committee will consider a report which will include options for the site to the east of Gilmore Park, which has been designated as office-led development in the masterplan.
In addition, a small proportion of land (0.57 hectares) is being sold to Vastint Hospitality BV by the Council to enable their development, which will complement the place-making requirements of the wider masterplan.
Councillor Kate Campbell, Convener of the Housing and Economy Committee, said: “Regeneration of Fountainbridge is hugely important for the city’s economy. At the heart of this development is our aim to ensure that prosperity and growth benefits everyone, in every neighbourhood.
“The committee’s decision is a huge step towards the transformation of Fountainbridge, making it an even more desirable place to live and work.”
Councillor Lezley Marion Cameron, Vice Convener of the Housing and Economy Committee, said: “I’m delighted that Fountainbridge will become home to a wide range of different house types and tenures so close to the city centre, which also includes a substantial element of social and family housing.
“Our aim is to create a successful and high quality mixed use development which balances residential, commercial and community uses in a sensible, sensitive and sustainable way.”
An Energy Strategy for the site is also being developed, with the Council aiming to introduce a district heating scheme if viable.
Consideration is also being given as to how the industrial heritage of the site can be celebrated, with a refurbishment of the adjacent former North British Rubber Company works into a new home for Edinburgh Printmakers already underway.
You May Also Enjoy
UK rents fall for first time on record
London boasts most slow-to-sell properties
Rental availability rises 25%
From loft insulation to lower interest rates: How energy efficiency really pays off
How homeowners can save big by going green
