Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Plans lodged for £500m Edinburgh commercial scheme

Plans have been lodged by developer Parabola for a £500m mixed-use development in Edinburgh.

The developer behind the Guardian’s HQ in Kings Cross has unveiled plans for up to 1,800 homes on a 17 ha site south of Edinburgh Park business park.

Parabola, which bought the site in 2013, has now submitted plans for the commercial-led scheme to the City of Edinburgh Council to redevelop the site.

The new scheme will see homes built on either side of the tram line close to the Gyle shopping centre, and includes 750,000 sq ft of commercial space, a medical facility, leisure centre, an energy centre as well as the new homes.

Parabola founder and owner Peter Millican said: “Our vision is unashamedly ambitious – to create a new vibrant community and architectural exemplar designed around the happiness and success of its people.

“We are building a new working and living community, redefining modern Edinburgh with a new gateway for the capital. But more than that, we are rethinking how we can all build for better lives and better places to work.”

Opened in 1995, Edinburgh Park is currently home to firms such as RBS, HSBC, JP Morgan and Sainsbury’s Bank.

Sir Robert McAlpine previously built a 300,000 sq ft office development in Kings Place, London for Parabola.

Construction took place from 2005-2008 and is home to Network Rail, The Guardian and Observer.

A concert hall, conference facilities and bars and restaurants were also delivered.

In April the contractor also scooped a contract to build the £150m Nottingham Broadmarsh shopping centre revamp.

Under the £91m deal, McAlpine will demolish and rebuild large areas of the existing complex for client Intu.

Broadmarsh’s gross internal floorspace will more than halve from around 592,000 sq ft to 243,500 sq ft, with around 267,000 sq ft of internal floorspace set to be lost due to either change of use or demolition.

Parabola anticipates work to start on the Edinburgh scheme next year subject to planning consent, with the first offices opening in 2020.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.