Airport development plan for 90-acre site
Edinburgh Airport has unveiled plans to build a business and housing development on land occupied by a barely used second runway.
The 90 acre site, stretching from south east of the passenger terminal to the Gogar roundabout, would be turned into a business park and residential area.
Gordon Dewar, the airport’s chief executive, said: “We have long believed that the land around Edinburgh Airport is a valuable strategic asset, from which local communities and the economy should benefit.
“This venture will accelerate that process and we look forward to working with John Watson and his team, and the Scottish Government and City of Edinburgh Council, to promote opportunities to put the land to good use.”
John Watson, chief executive of the new development company and a former chief commercial officer of the airport, said: “There is a really great opportunity in the west of Edinburgh, to build infrastructure from which future generations benefit.
“We will be investing significantly in the land opened up by the closure of the second runway and will work with other developers in the area to promote the wider opportunity we believe exists.”
Construction could start next year if planning permission is approved.
Glasgow riverside development
Plans for two new bridges are included in a £90.7 million to regenerate part of the Clyde waterfront and the area close to the airport.
The project, led by Renfrewshire Council is part of the £1.13 billion Glasgow City Region City Deal.
It includes construction of the only opening road bridge across the River Clyde and new roads and cycle routes to improve links with Renfrew, Yoker and Clydebank.
Miller makes progress
Miller Homes Scotland says its is 90% forward sold across its developments for 2017.
Stewart Lynes, managing director, said: “The first half of 2017 has been exceptional in terms of forward sales and leaves us in excellent position for the rest of the year and into 2018.
“The market in Scotland has remained optimistic despite the uncertainty you would expect in a general election year not to mention post Brexit referendum.
“Sustained demand from purchasers, low interest rates and improved mortgage lending have meant customers have pushed aside any fears of uncertainty, continuing with their day to day lives.”