National Grid has signalled its confidence in the Scottish housing market by releasing over four hectares of prime development land at The Forthquarter in Edinburgh.
In close proximity to Edinburgh's stunning waterfront and benefiting from the facilities and amenities of North Edinburgh's established and vibrant community these plots offer the opportunity to develop a range of homes in an attractive and desirable location.
Sales and Lettings Manager Jim Moore said: "We have an outstanding location and excellent infrastructure at this site and it continues to attract interest. This latest land release is aimed at maintaining the momentum with a view to achieving our vision. National Grid is facilitating the transformation of this former gasworks site into an attractive and sustainable community."
The creation of a 20 acre public park, the first in Edinburgh for 100 years, and the retention and improvement of a woodland copse and wildlife pond at the heart of this 110 acre development site provides an attractive and popular location for a variety of home seekers.
With planning consent for 2000 homes The Forthquarter masterplan encourages housing developers to create a mix of residential styles that will stand the test of time. To date over 750 quality homes are established and occupied with a further 136 under construction.
Attracted by a selection of desirable private, social and affordable properties a new community is establishing at The Forthquarter with residents and businesses taking advantage of the excellent transport routes, amenities and leisure opportunities along Edinburgh's waterfront.
John Brown, Director at DTZ in Edinburgh added: "I have confidence the market is ready to continue the development at the western neighbourhood at The Forthquarter. Investment by Barratt, Bellway, Cruden/Hart and Places for People has ensured a very successful Phase One and it's now time to continue with Phase 2. This release of brownfield land in a desirable area of Edinburgh, will encourage and enable timely development where shortage of new home product exists."
The current plot releases have been timed to enable investors to capitalise on local market conditions. Year on year house prices throughout Scotland have remained relatively stable with a steady turnover of properties helping to maintain a healthy market.
Just 4k from Edinburgh's vibrant city centre The Forthquarter is close to range of excellent public and private schools in the north of the city.
DTZ Residential market The Forthquarter on behalf of National Grid as an investment opportunity for property developers and provide expert advice.
(GK)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
29/11/2024
Construction has begun on the initial phase of Spaceport 1, a sub-orbital launch site in the Outer Hebrides. Local contractor, Macaulay Askernish Ltd, has been awarded a contract by Comhairle nan Eilean Siar to undertake enabling works at Scolpaig Farm in North Uist. The project, funded by a £947k ...
29/11/2024
David Smith Contractors Ltd, a local firm based in Fraserburgh, has been awarded a multi-million-pound contract to contribute to the construction of the Eastern Green Link 2 (EGL2) project. The company will undertake civil engineering works at the converter station site near Boddam, Peterhead. ...
29/11/2024
Scotland has unveiled a new plan to become a leading exporter of renewable hydrogen by 2030. The plan, titled 'A Trading Nation: Realising Scotland's Hydrogen Potential – A Plan for Exports', outlines specific actions needed to achieve this goal. The Scottish Government aims to capitalize on the ...
29/11/2024
First Minister John Swinney has welcomed the progress being made in the construction of the new Perth High School during a recent site visit. The new three-storey building, being delivered by Robertson Construction Tayside on behalf of hub East Central Scotland, will accommodate up to 1,600 pupils ...
29/11/2024
Glasgow City Council has given the green light to the sale of four land plots in the city to facilitate various development projects. The sites in question are located in Carmyle, Deaconsbank, Maryhill, and Port Dundas. The disposals are expected to generate significant capital receipts for the ...
29/11/2024
Scottish Water is set to achieve a significant milestone in its woodland creation programme, planting over 500,000 trees by the end of the current planting season in March 2025. This year, the company will plant more than 245 hectares of native woodland across various sites, including Loch ...
28/11/2024
Construction has begun on a new £33 million student accommodation development in Glasgow city centre. The project, a partnership between Artisan Real Estate and Homes for Students, will provide 321 self-contained studio apartments at 292-298 St Vincent Street. The existing office building on the ...
28/11/2024
Springfield Properties has submitted detailed plans to Midlothian Council for the first phase of its new Lingerwood development. The proposed development, located off Stobhill Road near Newtongrange, will eventually include around 1,000 homes. The first phase will comprise 63 homes, ranging from ...
28/11/2024
Scottish Land & Estates (SLE) has called on the Scottish Government to prioritise the needs of rural communities in the upcoming Scottish Budget. Dee Ward, Chair of SLE, has urged the Finance Secretary, Shona Robison, to conduct a robust rural impact assessment for all spending and taxation ...
28/11/2024
Four Scottish electrical apprentices have been praised for their performance in the prestigious SkillELECTRIC competition. John-Ross Campbell, Kalum Low, Milly Smith, and Ewan Thomas, all SETCTT apprentices, represented Scotland in the UK-wide competition, which was held at Oldham College. Milly ...