Investment planned in centre
Shopping mall revamp ‘will create sense of arrival’
Waverley Mall: plans for a makeover
Plans have been unveiled to recreate the elegance of the square neighbouring the Balmoral Hotel in Edinburgh.
The 1980s Waverley Mall will be given a long-planned makeover by asset manager Moorgarth, which it hopes will revitalise the shopping centre and create a new rooftop piazza.
The centre is currently home to 35 retail units and the idea is to create more shops, restaurants and leisure units opening onto Princes Street and surrounded by landscaping.
Waverley Mall began life as the Victorian Waverley Market, housing many independent fruit and vegetable retailers. The market was replaced by a shopping mall.
The owner wants to include a social area capable of hosting concerts and events at night.
Tim Vaughan, CEO of Moorgarth said “This has brought about a vision that looks to return areas of the mall back to the original market concept, whilst looking to create something of real quality and vibrancy within the heart of the city.
“Along with improved roof space, the new entrance and widening of the pavement on Princes Street are all about establishing a greater sense of arrival into Edinburgh that capitalises on its unique location.
“Through innovative design we can create a truly destinational scheme offering facilities that Edinburgh currently doesn’t have. We must evolve to meet demands for residents, businesses and visitors.”