CALA Management has submitted plans for its Waterfront Plaza development in Leith.
The 425-home development will offer one, two and three bedroom apartments, colonies, studios and townhouses and will be built on brownfield land in Leith’s former docklands, opposite Ocean Terminal.
Craig Lynes, land director at CALA Homes, said, “Having engaged with the local community, businesses and key stakeholders to help shape this exciting development, we are proud to be able to offer a project that strikes a real balance.
“Leith has been transformed over the past 30 years, however progress has slowed. It is clear that there is a demand for a range of high quality properties to include desirable apartments and family homes in the area.
“This development not only helps address the substantial shortfall in housing that typifies the Edinburgh property market, but it will also provide excellent affordable housing in a project with high quality design appropriate to the waterfront location.”
Work is expected to commence in early 2017, subject to planning permission.
The final plans will provide 27 studio apartments, 27 colonies, 35 townhouses and 230 one, two and three bedroom apartments. There will also be 100 affordable apartments and six townhouses.
Craig added, “It has been evident through our engagement with local stakeholders, that there is a real willingness to positively engage and support the redevelopment of the site. With the nearby Leith Cruise Liner Terminal attracting an increase in visitors, the phrase “Linger Longer in Leith” was used with an emphasis in supporting local business and wider regeneration of Leith.
“We believe the residential led proposal at Waterfront Plaza has a key role to play in this.”