Scottish developer Cruden Group has been chosen to work in partnership with the council to deliver around 750 Net Zero homes, plus new commercial space and sustainable transport infrastructure. The first phase will also see the creation of a new school and medical centre.
“This is the largest regeneration project of its kind in Scotland and it’s giving us a once-in-a-lifetime opportunity to transition towards a greener economy in our capital city while building many of the affordable homes Edinburgh needs within 20 minute communities with shops, healthcare, cultural and leisure and education facilities all nearby,” said council leader Cammy Day.
“This new approach to urban development is transformational and will provide a blueprint for the future as we reconnect the capital to the Firth of Forth and create a new coastal neighbourhood which will become one of Europe's largest coastal amenities,” added Cruden Group director Fraser Lynes.
The two parties are expected to sign the contract for the first phase of the regeneration scheme “in the coming weeks”, according to Edinburgh Council.