NORTHUMBERLAND Street Properties (North) has submitted plans for the conversion and extension of Edinburgh’s No. 1 Broughton Market from office use to short-term let accommodation.
The conversion of the standalone property is said to provide an ‘attractive addition’ to North’s portfolio in the expansion of the company’s offer in this sector.
The proposal by 3DReid seeks to build on the ‘idiosyncrasies’ of the existing structure and industrial heritage of the immediate area in providing ‘distinct, contemporary’ additions to the property.
Vertical circulation limitations within the existing building are described as being resolved through the formation of a new staircase, which reconciles the currently truncated roof form through the creation of a new gable end which ‘completes’ the historic warehouse form.
Residual land to the eastern end of the plot is repurposed for building servicing requirements, including the introduction of air source heat pumps.
The proposal comprises seven new one and two-bed apartments, inclusive of a new penthouse.
Grant Rawlinson of North said, “No.1 Broughton Market will become the fourth property in our portfolio of very high quality short let accommodation, building on an existing reputation for innovative design in top-end, purpose-built and professionally managed accommodation within the city of Edinburgh.”
Chris Dobson, director at 3DReid, added, “Whilst situated in the heart of Edinburgh’s New Town, the Broughton Market area continues to hold onto its distinct charm, long established before its amalgamation within a Georgian urban block. It’s been a real pleasure to be afforded the opportunity to consider a contemporary intervention to this location, one which seeks to draw upon its rich industrial heritage and idiosyncrasies, whilst further diversifying the use and animation of the area.”