A joint venture between Peveril Securities – the development arm of the Bowmer & Kirkland – and Campus Development Management propose to redevelop buildings on King’s Stables Road. The mixed-use development will include a hotel, flats, student accommodation, an arts facility and a new public square with café to the foot of King’s Bridge.
The current buildings on the site – formerly council offices, storage premises and workshops – have lain vacant since 2009 and were put on the market last year by Edinburgh City Council.
The developers says that their scheme, with its arts facility, will complement the council’s wider aspirations for a new cultural quarter on the site of Argyle House and the linking of Castle Terrace with the Grassmarket and West Port. King’s Stables Road has been identified by the council as one of 12 ‘priority’ development sites seen as crucial to the city’s economic future.