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EDINBURGH SECOND MOST PROSPEROUS UK CITY OUTSIDE LONDON


Granton Waterfront. Copyright Aerial Photography Solutions T


he City of Edinburgh Council’s Housing and Economy Convener Kate Campbell, describes how the local authority is intervening to ensure the city’s continued success. Edinburgh


Kate Campbell


continues to be the second most prosperous UK city outside London. Our economy strategy, due to be considered by councillors in March, has at its heart the aim that this prosperity reaches everyone,


in every neighbourhood, in the city. To help support Edinburgh’s continued growth, as a Council, we are taking a proactive approach to stimulate development. The intention is to unlock brownfield sites across the city for house builders and developers so that they can deliver the quality housing that we so desperately need and the space to allow businesses to start up, grow and thrive. Along with our housing association partners, we are delivering the biggest


COMMERCIAL PROPERTY MONTHLY 2018


council-led affordable housing programme in the UK with 20,000 affordable homes planned for the next decade. This will help us to tackle the shortage of good quality homes for people on low and middle incomes in the city. There are currently over 2000 affordable and low cost homes under construction on 31 sites across the city. This will make a big difference but it's just the start


Last month we bought the National Grid site at Granton on Edinburgh’s Waterfront. This purchase is another step towards the delivery of The Granton Masterplan. An ambitious vision that will see the area transformed into a vibrant new community.


This is hugely important to us as the


Waterfront is one of seven key strategic development areas identified in the Edinburgh and South East City Region Deal, signed by all partners last summer. In addition to the land for housing, community and business development, the site, set in parkland, includes an iconic last remaining gas holder in the city and the former Granton railway station, both of which are grade B listed buildings. Given the significance of these structures they will form a key role in the development proposals for the land.


Over in the west of the city we built industrial units after carrying out research which identified an increasing shortage of good quality industrial space. These units are now fully let. It is clear that there is a need for quality accommodation for businesses that are struggling to expand. The development has 16 small starter units totalling 1,600sq.m (17,200 sq.ft) of modern industrial space which, as well as meeting the increasing demand and shortage of quality units in the city, will also give us a new high-quality income generating asset.


There has been an enormous amount of interest in the development, which has excellent transport connectivity, lying within 500m of the City Bypass and within 100m of Edinburgh Park railway station and tram stop. Although all the units are now let, officers are still receiving enquiries. This is a model we are keen to replicate elsewhere in the future.


This is the kind of project that, alongside our ambitious plans to accelerate a programme of new affordable homes, will make sure Edinburgh keeps its place as one of the best cities in the world to live and work.


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