Market Leads & Opportunities
Planning submitted for another 315 homes at Pennywell
Regeneration firm Urban Union and architects Barton Willmore have submitted plans for the next phase of regeneration at the Pennywell Living development to the City of Edinburgh Council.The application includes plans for 315 dwellings, landscaping and associated drainage and infrastructure at the site. If successful the dwellings will comprise 175 flats and 140 houses of which 134 will be available for private sale.The plans form phase three of four at the Pennywell development, which is part of the council’s 21st Century Homes programme and is one of Scotland’s largest housing-led regeneration projects.Urban Union has already delivered 193 homes of which 108 were for social and mid-market rent and 85properties were offered for private sale. In total over 700 homes will be delivered at the development, with work expected to be completed in 2021.The extensive Pennywell development is the result of a major investment of £42 million by the City of Edinburgh Council and includes £7.9m grant funding from the Scottish Government. It was also recently shortlisted in the Inside Housing Best Regeneration Project (non-London) Awards with the results announced in November.Urban Union creates revitalised communities through building new, high quality, affordable homes. It currently has three live developments in Glasgow, Edinburgh and Perth with plans to add a further two Glasgow locations in 2017.Urban Union – a partnership between Robertson and McTaggart Construction – is keen to ensure projects benefit the local landscape and community so the site features a linear park and a mix of accommodation, with potential for commercial opportunities and retail outlets.
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