CRUDEN Homes (East), together with bid partner Buccleuch Property, has been named as preferred developer to carry out the regeneration of a major brownfield site in Fountainbridge.
The two companies will now start work on a pre-development phase for the former brewery site, positioned on the Union Canal, including finalising designs, preparing for construction and selecting a net zero energy solution for the site, ahead of the full development which is due to start next year.
Cruden Homes and Buccleuch Property will work with 7N Architects, Etive Consulting Engineers, and environmental design consultants, Atelier Ten on this project.
The Fountainbridge masterplan includes a total of 436 new homes, including 113 affordable homes for social rent, 10% of which are wheelchair accessible, 64 homes for mid-market rent and 259 homes for private sale or rent.
The site will also include shops, social enterprise, and community spaces with public realm provision. A 100,000 square foot office building will provide space for early-stage tech companies to ‘scale up’.
Steven Simpson, MD of Cruden Homes (East) Ltd, said, “We are delighted to be announced as preferred developer to regenerate Fountainbridge and to continue our strong working relationship with the City of Edinburgh Council on such a transformative development for both the neighbourhood and for Scotland’s capital.
“We share the council’s vision of building something very special here and we look forward to working with the community to finalise plans to provide sustainable and energy-efficient new homes and a wealth of associated amenities. Importantly, we will bring a number of community benefits, including supporting community groups and providing jobs and training for local people, which will help create a vibrant future for this part of our city.”
Nick Waugh, commercial property director of Buccleuch Property, added, “The opportunity this development brings the local community and wider city is hugely meaningful, particularly at this time. We will be focused on delivering workspace to facilitate entrepreneurs and business start-ups, as well as helping consolidate Edinburgh at the forefront of the tech space sector.”