Chris Stewart Group snap up St Andrew Square landmark
August 8 2014
Edinburgh-based property developer The Chris Stewart has announced its purchase of the neo-classical former RBS headquarters in Edinburgh’s, incorporating 42 St Andrew Square with connecting properties on West Register Lane.Contributing to ongoing commercial work in the vicinity, notably redevelopment of the Scottish Provident building, the scheme will see the listed building restored and a mixed use development on West Register Lanes, offering the potential for 130,000sq/ft of space – 60,000sq/ft of which will be Grade A office accommodation.
Chris Stewart said: “The purchase has just been completed, and there will now be a period of investigation and consultation to assess how best to sensitively redevelop the buildings to secure their future physically and economically.
“We see tremendous scope for a vibrant mixed use development that will add a new dynamic to the area around West Register Lanes with good street level activity and world class hotel and office accommodation.”
A planning application is anticipated within the next six months.
1 Comment
#1 Posted by Egbert on 8 Aug 2014 at 15:45 PM
This is a hugely important site for the East End of Edinburgh city centre, not just in terms of architecture and townscape but also connectivity between St. Andrew Square and the lovely little quarter around Café Royal. Bags of potential here to bring West Register Street to life - it deserves better than the grimy service alley character the empty RBS buildings currently impose upon it.
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