Market Leads & Opportunities

£30m residential development launched in Edinburgh city centre

Source: http://www.scottishconstructionnow.com

A £30 million development has been launched to meet growing demand for residential space in Edinburgh city centre.Located on Gorgie Road, two miles west of the city centre, Embankment West will see two former Chesser House office blocks transformed into residential living, as well as affordable housing with retail and leisure space.The development by Regency Residential, part of the MCR Property Group, comprises 163 apartments available as one, two and three-bedroom configurations. Regency Residential will sell 123 apartments in the rear block privately, with the other 40 contained in the front block being sold separately.Regency has retained the existing building with the addition of a glazed rooftop level. Retail and leisure space has been incorporated to the ground floor.