£150m for new homes in Edinburgh

A mix of 50% affordable, including the first new council homes for a generation, and 50% private housing, the  programme will produce well designed, highly sustainable properties and contribute towards meeting the city’s housing need whilst supporting the construction industry, jobs and training.

Following approval of the business plan in March 2009, all three sites have been masterplanned, and planning permission in principle has been achieved. Detailed design and developer procurement is complete on the first site and construction has commenced.

As mixed tenure developments, project funding involves a combination of Housing Revenue Account (HRA) cash reserves, prudential borrowing and cross-subsidy from market sale housing. The Scottish Government also contributed funding.

Further information
www.edinburgh.gov.uk

 

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DISCOVER | DEVELOP | DISRUPT

UKREiiF has quickly become a must-attend in the industry calendar for Government departments and local authorities.

The multi-award-winning UK Construction Week (UKCW), is the UK’s biggest trade event for the built environment that connects the whole supply chain to be the catalyst for growth and positive change in the industry.