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News Archive - February/March 2014

£200m development underway in Edinburgh

£200m development underway in Edinburgh

Construction work is underway at The Haymarket, one of Edinburgh’s most important development projects of recent times, which will result in a £200m mixed-use development delivering a mix of office, hotel and retail space with the potential to create 3,500 jobs.

Engineering work has now begun on the railway tunnels beneath the four-acre site, adjacent to Haymarket Railway Station. Edinburgh Haymarket Developments, the joint venture company behind The Haymarket which brings together Interserve and Tiger Developments, anticipates a 12-month underground works programme. Above ground construction is set to start in spring next year, with the first buildings’ phase earmarked for completion in 2016.

One of Edinburgh city centre’s last remaining major gap sites, The Haymarket has full planning consent for 404,000 sq ft of office accommodation and 60,000 sq ft of commercial and leisure space, together with a 165-bedroom hotel and a 320-space underground car park.

The plans highlight the open and accessible public space, creating a mix of continental style boulevards and pedestrian-friendly public areas. The scheme has been designed to create an easily accessible ‘walk-through’ layout from different directions, emphasising its strategically important location, connecting the city centre to the capital’s second busiest railway station and new tram network - as well as to Edinburgh International Conference Centre and the new exhibition centre. Architects for the scheme are Richard Murphy Architects & CDA Architects.

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