The £1.3bn regeneration of Edinburgh’s Granton Waterfront is set to hit its next major milestone with approval of the business case for phase one of the city’s new coastal neighbourhood.
The first phase of the 10-year plan will see 847 new net-zero-ready homes built in partnership with Cruden Homes on the capital’s largest brownfield site.
At least 45% of the homes will be affordable, including 214 for social rent, with the remainder split between mid-market rent and open-market sale.
All will be heated by air-source heat pumps.
The plans include retail and leisure facilities, and a new primary school to be procured separately.
Phase 1 plan to be delivered by Cruden around old gas holder site
Cruden Homes managing director Fraser Lynes said the developer was proud to help shape a distinctive new coastal neighbourhood with energy-efficient homes and community benefits such as apprenticeships and local supply-chain investment.
Work is due to start early next year with completion in 2033. The scheme has secured Scottish Government backing through capital grants and a new outcomes-based Place Accelerator funding model developed with Scottish Futures Trust.
The wider regeneration, which includes the restored Granton Gasholder now transformed into a public park, aims to revive historic buildings, create local jobs, and make a major contribution to Edinburgh’s 2030 net-zero target.
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