First Residential Development Site Launched at Edinburgh Park

First Residential Development Site Launched at Edinburgh Park

A new urban quarter by award-winning developers Parabola, is taking shape in West Edinburgh, just 5.5 miles from the city centre, with the first private residential development opportunity being launched to the market.

The area encompasses 1,000,000 sq ft of Grade A office space; Patina, a £2.4million bar, restaurant, artisan bakery and live music venue; facilities for padel tennis and a multi-use-games area for tennis, five a side football, netball and basketball as well as extensive public realms incorporating a water cascade, lochan and ten sculpture installations by artists including Sir Eduardo Paolozzi RA (1924 - 2005).

The development incorporates footpaths and cycle ways connecting the development to the glorious Pentland Hills, as well as 2 tram stops (Edinburgh Park Central and Edinburgh Park) that allow a quick, clean journey to the city centre in less than 20 mins. The bypass and motorway network is easily accessible, with Edinburgh airport just two miles from the site.

Detailed planning consent has been obtained for the development of 397 high quality, design-led apartments and townhouses for sale to be built across three plots, the majority with private gardens, balconies or terraces.  In addition landscaped podium gardens between all blocks, with dedicated children’s play areas, will be for the exclusive use of residents.  One block will encompass a communal, south facing roof top garden with views towards the Pentland Hills

The development will apply low and zero carbon technologies and implement on-combustion heating systems, with a targeted A EPC rating.

Future plans for the wider development include a 180 key hotel, 1,180 build to rent and Mid market rental units, 160 affordable housing homes, as well as further eating, drinking and leisure facilities including a lido.

Ben Brough of joint agent Savills says: “We have been working with Parabola for some time, and it is just extraordinary to see their vision for a new urban quarter burst into life. We are very excited to bring almost 400 well designed, essential new homes to the city, in a great location where art, culture and business will co-exist alongside a healthy and sustainable living environment.

“Edinburgh Park is a fitting way to further the capital’s global reputation for exceptional quality of life, reflecting its green credentials and is vibrant cultural scene. As the UK’s largest financial hub outside of London, home to over 50,000companies from diverse sectors including renewables, technology and life sciences, Edinburgh is a global city in high demand. We therefore anticipate far-reaching interest in Edinburgh Park from housebuilders and developers.”

Edinburgh Park is well connected via tram rail, road and plane making local, national and international travel convenient from within the local area. This accessibility has attracted a large workforce to the established offices in the wider Edinburgh Park area.

Two of Edinburgh’s universities have campuses under two miles from Edinburgh Park; Heriot-Watt and Edinburgh Napier.  A wide range of amenities are also provided at Gyle Shopping Centre and Hermiston Gait Retail Park including large supermarkets(Morrisons, M&S, Aldi and Tesco).

Tony Hordon, Managing Director of Parabola says: ‘We could not be more excited with this milestone, given this represents some 8 years work with a considerable professional consultancy team, and working closely with Edinburgh City Council. We now have the real potential to deliver a European exemplar inmixed use design, masterplan and community, stitched together with the most wonderful public realm and the arts – a new urban Quarter for the City of Edinburgh’.

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