AN £80 million ‘Skyliner’ site in Edinburgh has been given the go ahead.
A planning application submitted by S1 Developments has been granted by Edinburgh Council for the development in the Leith area of the city.
The development management committee voted in favour of the 338 apartment build-to-rent scheme on a brownfield site at Ocean Drive on the edge of Albert Dock. The build will see four blocks of 14 to 10 storeys with 25% ‘tenure build’ affordable housing.
Subject to conditions, the scheme will be funded by Legal & General as the company’s first build to rent development in Edinburgh and second in Scotland.
Luke McClelland, project manager at S1 Developments, said, “I’m delighted with the decision taken today by councillors. As an Edinburgh-based family company, we are thrilled to see this exciting project given the green light and look forward to breathing new life into a long-neglected area of Leith.
“A key element of the scheme is delivery of a new public boardwalk, served by established cycle routes and the new tram connection, which will provide the local area with a fantastic new amenity space.
“We look forward to getting these proposals underway and to continue working with council officials and the local community to deliver them.”
Dan Batteron, head of build to rent at Legal & General, added,“Skyliner is another great example of Legal & General investing in a location with significant urban regeneration potential and delivering much needed city centre homes. With Edinburgh predicted to continue to see notable population growth, we are pleased that our plans to deliver this scheme have been approved by Edinburgh City Council. In light of today’s decision, we can now move forward to deliver these 338 new homes, which will provide flexibility and security to elective renters.