June 11 2015

Two new hotels at Edinburgh’s New Waverley development have topped out as work continues to deliver the first phase of the masterplan.

This coincided with a public unveiling of a set of Victorian railway arches, entombed beneath beneath Jeffrey Street for 140 years, which will be brought back into use as a new retail and leisure quarter.

Artisan Real Estate Investors are also progressing a 146-apartment Adagio Aparthotel behind the retained façade of the C-listed Sailors Ark building as well as a £6.5m public square.

Lukas Nakos managing director of Artisan, said: “The building stands as a proud cornerstone for our progress on site, which is moving forward on all fronts. We are now witnessing New Waverley’s true scope and potential being delivered before us – a broad sweep of an historic part of the city linking together the two iconic destinations of Waverley Station and the Royal Mile.”

The 127-room Premier Inn and 121-room Hub by Premier Inn are scheduled for completion by early 2016. A second phase of works comprising 160,000sq/ft of office space and 148 homes is due to begin in February 2016.

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