Updated proposals to be unveiled for Edinburgh residential-led development

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A second public consultation event for a proposed Edinburgh city centre residential-led development will be launched this month.

The regeneration of the site is being progressed by Artisan Real Estate and joint venture partner REInvest Asset Management.

The proposal is to redevelop the former Deutsche Bank House at 525 Ferry Road, which was vacated by the bank in 2018.

Updated design information for the development – to be known as 525 Park View – will be available to view at a drop-in public event on Wednesday December 21 from 3pm-7pm at the Village Hotel, 140 Crewe Road South.

The project will feature one, two and three-bedroom apartments built to the standards of Artisan’s ‘signature’ low carbon specification. With sustainability and external spaces at the heart of design concepts, the development will mirror Artisan’s previous sites including Canonmills Gardens, a collection of 179 homes overlooking the Water of Leith, and Rowanbank Gardens, which features 126 new homes next to Gyle Park.

David Westwater, Artisan’s regional director for Scotland, said, “Following on from our initial public consultation in October, we are delighted to bring forward updated proposals for comment. Our initial consultation identified significant feedback supporting the provision of new homes as a good use of this brownfield site.

“We also intend to provide community and commercial facilities and the consultation has flagged support for café and shared workspace, a nursery, gym and small retail provision.”

A project website www.525parkview.co.uk has been set up to provide details of the proposals and consultation process. All updated design information will be published on the site on December 22, with an opportunity to comment and provide feedback by January 10. There will be a third and final public information event ahead of planning submission in spring 2023.

Thomas Merkes, head of asset management at REInvest Asset Management, added, “As our joint venture partnership with Artisan progresses, we are interested to hear community views and consider how they can contribute to final designs for this significant city centre site.”