May 21 2014

Developers behind Edinburgh’s Caltongate master plan have re-branded their scheme as ‘New Waverley’ to spur on the £150m development in the city’s Old Town.

The new urban district will be centred on a public square and incorporate three hotels, together with 177,000sq/ft of grade A office space, 28 retail and leisure spaces and 188 homes.

Artisan expect to commence work on the five acre site within the next three months, opening up new connections between the Royal Mile and Waverley Station after signing up hotel operator Adagio to operate a 146-suite aparthotel fronting the Royal Mile and a new civic space.

This will rise to four storeys and incorporate an existing façade alongside connections to the Canongate by way of a pedestrian walkway inspired by the Old Town’s historic wynds. It will be built in the first phase of works alongside two Premier Inn hotels and a £6.5m public square, which are all set to complete by 2016.

Artisan MD Lukas Nakos, said: “Following extensive community feedback, our plans for New Waverley now reflect a marked change in direction from previous planning consents, both in terms of improved development quality and in preserving the heritage of such a unique area.

“A closer understanding of our plans shows that the massing and overall height of the revised designs has been significantly reduced.  New Waverley will provide more open public spaces, with the larger commercial buildings being broken up into more intimate, individual units, improving the overall look and feel of the area and its connectivity with the rest of the city.”

Allan Murray Architects and CDA Design are architects for New Waverley.

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