International Business Gateway "Edinburgh 205" Comes To Market
Opportunity for the capital to create "an outstanding vibrant urban hub rivalling Copenhagen's Orestad or Amsterdam's Zuidas" adjacent to Edinburgh Airport
An "unrivalled" mixed use development, next to Edinburgh International Airport, that spans 186 acres from the entire 205 acre site, is up for sale. It offers national and international developers a "blank canvas to create a vibrant hub for working, living and leisure" to the west of the capital, according to its owner, New Ingliston Limited.
Allocated in the Edinburgh Local Development Plan (2016), it is envisaged that 'Edinburgh 205’ will combine offices, hotels, retail and housing with public open space. It has a provisional tram halt built into the heart of the site, allowing swift access into the city centre and potentially to Edinburgh’s Waterfront when the tram line is extended.
Twenty five acres of Edinburgh 205 was recently approved planning permission by The City of Edinburgh Council (on 8 May 2019) as part of a wider 2.25 million sq ft proposed mixed-use development.
It sits immediately to the south of Edinburgh’s international airport, immediately to the west of the new Edinburgh Gateway rail station and to the east of the Ingliston Park and Ride and bus interchange. The A8 is located adjacent to its southern boundary and the national road network provides direct links to the M8, M9 and M90 central Scotland motorway infrastructure.
When fully developed, Edinburgh 205 could provide eight million square feet of mixed use accommodation, subject to planning. That would equate to office space for over 20,000 employees and homes for some 6,000 people, depending on the final development layout. New Ingliston Ltd, sole owners of Edinburgh 205, will retain around 19 acres of land which may be offered for sale at a later date.
Roddie Paterson, managing director of New Ingliston Ltd, said:
Edinburgh 205 offers an unrivalled opportunity to open up the west of the capital and create an outstanding vibrant urban hub for working, living and leisure, rivalling Orestad in Copenhagen or in the Zuidas area of Amsterdam.
Undoubtedly it’s the best development site in Scotland and is strategically important for both Edinburgh and for Scotland. As an allocated site located outside of the UNESCO World Heritage restrictions in Edinburgh and with the public transport infrastructure already in place, it now offers the perfect opportunity for the ultimate developer to take on this blank canvas and shape it to their final vision.
Edinburgh 205 is fully supported by The City of Edinburgh Council and is a standalone development. Its transport needs are captured in the 25 year West Edinburgh Transport Appraisal.
The area around the airport has been identified by the Scottish Government as of national economic importance.
Miller Mathieson, executive director of CBRE, marketing agents for Edinburgh 205, added:
With an acute shortage of development space in Edinburgh for a site of this scale, we anticipate strong demand for Edinburgh 205 from both the UK and overseas. Edinburgh 205 could make a huge impact on the supply – particularly for Grade A office and housing stock – that the capital needs for continued economic growth.
Visit the Edinburgh 205 website by clicking here