A York-based property developer has received planning approval for an £80m scheme in Edinburgh.
The Ocean Point 2 project in Leith will include 112 build-to-rent homes, ranging from:
- One- to three-bedroom flats
- 404 student bedrooms.
The redevelopment of the brownfield site will also feature commercial, co-working, and amenity spaces in two buildings.
This scheme is part of a series of projects in Edinburgh by the York company, founded in 1952.
S Harrison is also currently transforming a 1970s office building in the Haymarket area into a new hotel for international operator MEININGER.
Harrison Developments is also working on two purpose-built flat schemes, delivering 141 studios near the Royal Mile.
A spokesperson stated, “We’re thrilled about the planning approval, which will provide much-needed housing and student accommodation to an area undergoing rapid transformation. This development will create a mixed and sustainable neighborhood, regenerate a brownfield site, and bring significant investment with excellent transport links, especially the new tram line.”
Ocean Point 2’s construction is estimated to create 325 jobs and generate £5.3 million in annual local spending, supporting about 60 retail and leisure jobs.
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