Stamford Property Holdings has received the green light from City of Edinburgh Council for the 20 Haymarket Yards mixed-use development in Edinburgh.
The proposals include the demolition of the existing Elgin House office building close to Haymarket Station and tram link and the construction of a sustainable mixed-use development comprising a 197-room hotel with a ground floor cafe and a separate 183,000 sq ft office building with associated public realm.
Construction of the 7N Architects-designed scheme, which is targeting a minimum BREEAM Excellent and a NABERS 5 rating, is due to start in 2024.
Uri Goldberg, from Stamford Property Holdings, said: “Our development will regenerate and intensify a current brownfield site in Edinburgh city centre, meeting a significant demand for a new kind of workspace that is sustainable and enhances the wellbeing of occupiers, designed to be amongst the highest standards of ESG compliant developments coming forward.
“Addressing a growing demand for modern office workspaces in this historic city, this will help to retain and create jobs in the city centre. Additionally, our hotel offering serves to address a clear need for bed spaces. This will allow people to work and stay in the city centre, supporting local businesses.
“Located at a key public transport hub at Haymarket, and with high-quality public realm on offer, this net-zero development will adopt extensive energy efficiency measures and renewable energy strategies, playing an important role in helping to achieve Edinburgh’s drive towards becoming a net zero city by 2030. We are keen to discuss the opportunities on offer with any potential occupiers.”
The offices are being marketed by Savills and CBRE.
