Case Studies

Edinburgh Gateway, West Edinburgh

Turnhouse Road, Edinburgh, EH12

  • Acquisition of a major 15 acre (6 ha) site
  • Significant gateway site
  • Consented for 957 homes and 172 key hotel
  • Masterplanning successfully granted across multiple tenures

Description

Scarlett acted on behalf of Summix Capital to acquire this major 15 acre (6 ha) site (formerly known as Maybury Quarter). The site was allocated for c.1,000 homes and is a highly significant gateway site, located next to Edinburgh’s Gateway Railway station and tram stop.

The acquisition took a year to negotiate with the overseas owners of SAICA Packaging (Vendor) following the withdrawal of the preferred bidder.

Having purchased the site on a clean basis, Summix worked up a Masterplan which was subsequently granted detailed consent for mixed use across the following tenures – 957 residential units (622 BTR/Private and 335 AH/IR), 172 key hotel, retail, commercial, community.

Scarlett have been appointed, together with joint agent Savills, to prepare the site for realisation via J/V, sale or development.

Client

"Having Scarlett acting on our behalf on many deals has ensured the best outcome for the transactions and for Summix, providing insight and expertise in a bespoke solution, their insight and knowledge is unrivalled."

Stuart Black, Development Director - Summix

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