1 New Park Square achieves practical completion

1 New Park Square achieves practical completion

We are delighted to announce that we have now taken possession of our first office building, 1 New Park Square, following practical completion by Sir Robert McAlpine.

This is a significant milestone in the delivery of Edinburgh’s unique forward-thinking place to live and work which is focused on the wellbeing of its new community which is designed around the happiness and success of its new residents. 1 New Park Square has sustainability at its core - powered by renewable energy and it boasts exemplary transport links which are unique in the UK. 1 New Park Square sits within a civic square and has an adjoining garden square, multi-use games area, car park and Padel Tennis courts.

Our Founder and Chairman, Peter Millican said:

“We would like to thank the terrific team at Sir Robert McAlpine who have delivered an exemplary space and a landmark building to the optimum quality, with a finish and attention to detail that we were seeking during a significantly challenging time.

Parabola is proud to be creating a new sustainable urban quarter, cultural destination and creative campus with sustainability at its heart. This new Edinburgh neighbourhood brings stunning architecture, inspirational workplaces, affordable homes, a civic square and its own arts programme to a sublime setting.”

Our Managing Director, Tony Hordon added:

“1 New Park Square is the first of seven net zero carbon new office buildings at Edinburgh Park. The location and connection of 1 New Park Square is exceptional and its facilities, such as the new bakery, bar restaurant, sports and performance space set it apart.

1 New Park Square is a building that makes you smile – and has been designed with wellness at its heart, representing some 85,000 sq. ft. The pioneering building is leading the way for a net-zero future with all-electric infrastructure, PV arrays on the roof, high ceilings, openable windows, and double height balconies providing exceptional fresh-air circulation. Views from 1 New Park Square to the Pentlands are as stunning as the public realm which is also peppered with world-class sculpture, some of which were specially commissioned for the site.”

Joint letting agents are JLL Edinburgh and Cushman & Wakefield, with Lead Director Cameron Stott of JLL Edinburgh and James Thomson, Partner at Cushman & Wakefield responsible for all enquires.