Empiric plans student flats in shadow of castle
Student flats development in King’s Stables Road
Plans to redevelop a series of long-derelict council properties in the shadow of Edinburgh Castle have taken a step forward.
Student accommodation provider Empiric is planning a 166-bed accommodation block for students in a £26.6 million development on King’s Stables Road.
The project, close to the Grassmarket, involves demolishing the existing buildings and will be part of a mixed use development of residential, retail and commercial by Peveril Securities.
A revised scheme submitted last year involves involves five times more homes – 59 – than originally planned while the student accommodation is reduced by a third.
It will include commercial – probably retail – units at ground level.
Peveril Securities also wants to build a hotel and a courtyard at the rear, possibly to include arts facilities. There has been speculation that Roomzzz Aparthotel plans to move to the development.
Scheme will have more homes