Work to start by end of year
New Fountainbridge plan gets green light
A new Moxy hotel will be the centrepiece of the New Fountainbridge development in Edinburgh
The redevelopment of the former Fountain Brewery site in Edinburgh has moved a step closer after council planners approved the first phase.
The site has remained vacant since the brewery closed in 2004 but work is now expected to commence by the end of the year.
The first phase of Vastint Hospitality’s proposal will see the construction of a new 262-bedroom Moxy hotel, the provision of 56,000 sq. ft. of office space and several ground floor commercial units.
Located beside Edinburgh’s financial district, the office space is expected to attract a mix of both corporates and small businesses to support the city’s thriving creative and tech sectors.
It is also hoped that the New Fountainbridge site will also include family housing and canal-side apartments, for which planning permission will be submitted later this year.
Chris Jetten, development manager at Vastint, said: “Our plan heralds a fresh start for Fountainbridge and we look forward to working with the community to create a vibrant, new neighbourhood that forms a distinctive, urban quarter in Edinburgh.”