An iconic office building near Edinburgh’s Holyrood Park has been brought to market with planning consent for a new mixed-use development opportunity, offering potential for over 170 new homes as well as Grade-A office space.
Known for its hexagonal design, Dalkeith Road is a 200,000 sq ft office that has been brought to market by JLL, with existing planning permission for selective demolition, extension and upgrades to transform the space into a sustainable new office and residential development. As part of these plans, the majority of the original buildings will remain.
The approved plans outline the potential for a 174-apartment scheme, with 57 of the units to be designated as affordable. The majority of apartments incorporate private outdoor balconies or terraces, offering stunning views across Edinburgh and towards Arthurs Seat.
The planning permission also allows for the remaining hexagonal office blocks to be extended and upgraded to create a new Grade A office development, capable of accommodating life science and knowledge sector occupiers. It will also have sustainability at its heart, targeting BREEAM Excellent and EPC A ratings with measures including the addition of solar panelling.
Whilst there is a consented scheme to replace the existing building, further alternative uses may be considered including student accommodation, build to rent residential, a hotel and serviced apartments.
Cameron Stott, head of Scotland at JLL, said: “Edinburgh has a critical shortage of both housing and suitable office space for the knowledge sector. The redevelopment of 15 Dalkeith Road has the opportunity address some of these requirements by delivering more homes and providing space close to the University in a stunning environment close to Arthurs Seat and Holyrood Park.
“We believe 15 Dalkeith Road could attract international investment and development into the city bringing jobs and opportunity for the wider community.”
The site lies within the ‘Urban Area’ designated by the City of Edinburgh Council’s ‘City Plan 2030’, bringing other uses for it supported in by building purpose-built student accommodation and leveraging its close proximity to the University of Edinburgh’s Holyrood campus.