PROPERTY developer and operator, PLATFORM_, has submitted an application for the build of a ‘high-quality’ built-to-rent (BTR) accommodation in Edinburgh.
Located at the site of the derelict John Lewis depot, the proposals will see a mix of studios, one, two and three-bedroom apartments spread across three blocks ranging from four to seven storeys.
PLATFORM_ said that, across the UK, the median salary of residents in their developments is £29,510. They added that their model represents an ‘affordable and integrated offering’ where residents have access to gyms, communal workspaces, bike clubs and a full time concierge service all within their building.
Matt Willock, Development Director at PLATFORM_, commented, “We’re thrilled to submit this application for our BTR scheme in Edinburgh. Bonnington Road Lane is an ideal location to spearhead PLATFORM_’s vision in Edinburgh. Not only will we develop the site, but we will operate the building. Our residents may rent an apartment, but will also have an abundance of common amenities at their disposal, including a gym, communal workspaces, a bike club, and rooftop gardens.
“These proposals not only serve to redevelop a vital location, but help to tackle Edinburgh’s crisis in realistic housing, especially in Edinburgh city centre. BTR is a new, upward trend that offers high-quality rented accommodation at competitive prices for a wide-ranging demographic. Across the UK, nearly 60 per cent of our residents earn less than £30,000 a year.
“We’ve consulted widely and diligently with stakeholders in Edinburgh and the public in Leith to ensure they’ve had an opportunity to input their views about the proposals. The plans represent a collaborative discussion about how best to make this site work.”