EDINBURGH’S transformation continues as property developer, S Harrison Developments has submitted a planning software for a c. £100 million residential-led growth at Ocean Level 2 in Leith.
These plans will probably be along with the continuing transformation of the Waterfront and delivering additional vibrancy to the world.
Neighbouring Ocean Level 1, the event of the brownfield web site will present two buildings and comprise a mixture of build-to-rent houses (BTR), together with flats particularly for households, alongside purpose-built scholar lodging (PBSA), delivering a very combined group.
In complete, 120 BTR houses are proposed, offering a mixture of studio, one-bed, two-bed and three-bed flats to satisfy a spread of housing wants.
1 / 4 of those are three-bed flats, designed for households.
There are 404 PBSA beds on provide, cut up between cluster lodging and studio bedrooms. The previous lodging is meant to be a mixture of 5 and 6 bedrooms.
Pupil numbers have risen considerably within the metropolis over latest years, with full-time scholar quantity rising by greater than 1 / 4 (25.1 per cent) between 2016/17 and 2021/22.1 PBSA, of which there’s little within the Leith space, has the potential to free-up a lot wanted household houses regionally at present occupied by college students.
Business area/co-working and amenity area are additionally proposed as a part of Ocean Level 2, providing improbable energetic frontage to Ocean Drive, with significantly enhanced public realm encouraging energetic existence.
Along with delivering houses, the brand new growth will ship important native spend, amounting to some £5.3 million by residents and guests yearly, supporting an estimated 60 retail and leisure jobs.
It has been estimated that 325 jobs will probably be created immediately within the development of the general scheme.
The event neighbours Ocean Terminal, which is ready to bear a £100 million transformation, delivering a mixed-use growth comprising residential, industrial, retail and hospitality.
The extension of the tram line between Edinburgh and Ocean Terminal additionally gives connectivity between the growth and Edinburgh metropolis centre inside 20 minutes.
Harrison has an extended pedigree of working within the metropolis, starting from delivering the Malmaison at St Andrew Sq. to scholar developments at Westfield and Gorgie and resort growth at Osborne Home, Haymarket.
A spokesperson for Harrison Developments commented: “Our proposed growth, if accepted, will convey much-needed houses and scholar lodging to an space which is present process a speedy transformation, delivering a very combined group.
“Regenerating a present brownfield web site, this growth boasts glorious transport hyperlinks, particularly with the brand new tram line, and can ship a big funding into the area people.”
Planning and growth consultancy Turley offered planning companies for the venture with CDA performing as architects.