A deal has been agreed between The EDI Group Ltd and Scottish housebuilder Cruden Homes to build a further 148 new homes in Craigmillar, Edinburgh.
The vacant site on Niddrie Main Road is the final phase in the Wauchope Square Masterplan area which is part of EDI’s wider regeneration of Craigmillar. The agreed sale will enable Edinburgh-based Cruden Homes to submit plans for a mixture of high quality private and affordable housing to meet the needs of the local area.
A variety of modern house types are being proposed for the site, adjacent to Richmond Church, and will include a balanced mix of one, two and three bedroom properties, subject to planning permission.
EDI, through its subsidiary Parc Craigmillar Ltd, is responsible for the ongoing regeneration of Craigmillar and the sale of the Wauchope site marks a significant milestone in this award winning development.
The deal gives a significant boost to the next phase of redevelopment in Craigmillar Town Centre. Due to be completed over the next six years, the town centre will be transformed by a high quality new retail centre with major stores by Lidl and Homes Bargains planned, as well as a public square and community play park complimented by a new secondary school and further housing.
Up to 2,000 new homes will be delivered as part of the wider Craigmillar development with nearly 600 homes completed.
Mark Harris, Head of Regeneration at EDI Group, said:
“This announcement signals the final sale of land in EDI’s Wauchope Square development. We’re pleased to be working again with Cruden Homes and the delivery of new homes at Wauchope will be instrumental in creating a thriving community to support our Craigmillar Town Centre improvements, including a new retail centre due to start in Spring.”
The deal to deliver new homes at Wauchope is the third time The EDI Group and Cruden Homes has joined forces. The award-winning Scottish housebuilder is currently onsite building new apartments and terraced villas at The View which is due for completion in the summer. The View forms part of the vibrant neighbourhood phases at Craigmillar and will provide 98 homes.
Fraser Lynes, Land and Development Director at Cruden Homes, said:
“We’re delighted to be continuing our association with the ongoing regeneration of Craigmillar and look forward to delivering this phase of quality homes and aprtments.”
Councillor Frank Ross, Economy Convener and EDI Chair, said:
“This next phase is an important milestone for the regeneration of Craigmillar. I am sure that Cruden Homes’ vision for a vibrant mix of apartments and houses will help trigger further investment in the area, creating welcome job opportunities in construction and other related areas in support of EDI’s plans for a revived town centre for Craigmillar.”