Work has started on a new state-of-the-art student accommodation scheme in Edinburgh that will creative 149 student studios and cluster flats.
The site on Montrose Terrace, Abbeyhill, has been given to GRAHAM to manage and design the buildings as part of a multi-million-pound contract from Edinburgh-based developer, Glencairn Properties, which they say will help regenerate the area with the addition of Meadowbank Sports Centre.
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The plot also occupies a corner on West Norton Place as well as Montrose Terrace and the build will see the creation of a characterful building sympathetically designed to reflect the original streetscape that was set out in the 1800's.
The building will be complete with a high-quality finish and include multi-use common areas, laundry facilities, cycle-storage, underground bin facilities, a gym and a community room.
After a planning application was approved by the City of Edinburgh Council in June 2020, the scheme is set to be completed in the late summer 2023.
The completion of the energy-efficient building is expected to create 12 jobs and on a long-term basis, create a further ten for the maintenance and security on site.
Gary Holmes, Regional Managing Director for GRAHAM’s Building division, said: "Glencairn Properties has a track record of delivering high-quality homes and we are very pleased to work with their team to deliver the Montrose Terrace scheme as they expand their purpose-built student accommodation portfolio.
"GRAHAM’s expertise across the student accommodation sector will bring a wealth of knowledge to the build. Edinburgh’s world-renowned universities and colleges drive a significant volume of investment within the city, and it is important that there is the correct level of accommodation to match student intake which Montrose Terrace will help to achieve.”
Daryl Teague, Managing Director at Glencairn Properties, said: "Edinburgh is a diverse city with a large student population. Our investment into this state-of-the-art accommodation, matches the quality of education available.
"We are thrilled to get underway to deliver prime student accommodation in the heart of the city, transforming a currently derelict site into a space that is cleverly designed for modern-day lifestyle habits. The community support from the outset, has been very encouraging and we are confident that it will help to boost the economy through tenancies and job creation."
