New images showing the spectacular homes-led redevelopment of one of Edinburgh city centre’s largest potential development sites have been revealed.
Regeneration specialist Artisan Real Estate, together with fund manager REInvest Asset Management S.A., has unveiled detailed plans to redevelop the former Deutsche Bank House at 525 Ferry Road, Edinburgh, near the Crewe Toll roundabout. The office and data-processing centre was formerly the Scottish base for State Street Bank until the building was vacated in 2018.
The developers are now lodging a planning application with the City of Edinburgh Council to transform the vacant site, rebranded as ‘525 Park View’, into a new residential neighbourhood providing 256 sustainable homes, 25 per cent of which will be for affordable housing. Flexible commercial space facing onto Ferry Road also provides the potential for cafes, shops and shared workspaces.
The proposals are set to dramatically raise the bar for sustainable city-centre living. More than two-thirds of the development area will be made up of high-quality green spaces – including a large central communal garden as well as biodiverse green roofs and a ‘wetland’ area which enhances local ecology whilst contributing to the wider sustainable urban drainage system. Smart technology such as individual air source heat pumps for each home also means no fossil fuels will be used, underlining the developers’ commitment to sustainable low carbon development and delivering low energy costs for occupiers.
