Work starts on £200 m scheme in Edinburgh
Preparatory work for a £200 million mixed-use development in Edinburgh’s Haymarket has commenced. On-site construction starts in the spring on 37 500 m2 of office accommodation and 5600 m2 of commercial and leisure space. There will also be a 165-bedroom hotel and 320-space underground car park.
Tenants already signed up for the initial development phase include Q Park, Tesco and serviced-apartments provider Staycity. Food chains Prezzo and Pret a Manger are committed to the second phase. Discussions are well advanced with other occupiers for a further 6500 m2 of retail and office space.
Interserve and Tiger Developments entered into a joint-venture agreement in April 2013 to develop the 4-acre site next to Haymarket station.
