Mixed use project up for sale
Vast airport development site goes on the market
Edinburgh 205 airport plan: ‘could rival Copenhagen or Amsterdam’
A 186-acre development site next to Edinburgh Airport, with plans for offices, hotels, shops and housing, is up for sale.
Edinburgh 205 forms part of the planned International Business Gateway. It has a provisional tram halt built into the heart of the site, allowing swift access into the city centre and potentially to Edinburgh’s Waterfront when the tram line is extended.
Planning permission for 25 acres of Edinburgh 205 was granted by the City of Edinburgh Council last month as part of the wider 2.25 million sq ft proposed mixed-use development.
When fully developed, Edinburgh 205 could provide 8m sq ft of mixed use accommodation, subject to planning. That would equate to office space for more than 20,000 employees and homes for some 6,000 people, depending on the final development layout. New Ingliston Ltd, sole owner of Edinburgh 205, will retain around 19 acres of land which may be offered for sale at a later date.
Roddie Paterson, managing director of New Ingliston Ltd, said: “Edinburgh 205 offers an unrivalled opportunity to open up the west of the capital and create an outstanding vibrant urban hub for working, living and leisure, rivalling Orestad in Copenhagen or in the Zuidas area of Amsterdam.
“As an allocated site located outside of the UNESCO World Heritage restrictions in Edinburgh and with the public transport infrastructure already in place, it now offers the perfect opportunity for the ultimate developer to take on this blank canvas and shape it to their final vision.”
Miller Mathieson, executive director of CBRE, marketing agents for Edinburgh 205, added: “With an acute shortage of development space in Edinburgh for a site of this scale, we anticipate strong demand for Edinburgh 205 from both the UK and overseas. Edinburgh 205 could make a huge impact on the supply – particularly for Grade A office and housing stock – that the capital needs for continued economic growth.”