Harrison Developments has submitted a planning application for a residential-led development at Ocean Point 2 in Leith.
The c.£100million project to regenerate the brownfield waterfront site neighbouring Ocean Point 1 will comprise two buildings, a mix of 120 Build to Rent homes –studio, one-, two-, and three-bedroom apartments, including some specifically for families – alongside purpose-built student accommodation (PBSA).
Ocean Point 2 will also deliver residential amenities, commercial space and public realm.
“Our proposed development, if approved, will bring much-needed homes and student accommodation to an area which is undergoing a rapid transformation, delivering a truly mixed community,” said a spokesperson for Harrison Developments. “Regenerating a current brownfield site, this development boasts excellent transport links, especially with the new tram line, and will deliver a significant investment into the local community.”
It has been estimated that 325 jobs will be created directly in the construction of the overall scheme, and that predicted annual local spend of over £5million by residents and visitors could support a further estimated 60 jobs in retail and leisure.
The development is situated nearby Ocean Terminal, which is set to undergo a £100m transformation.
The extension of the tram line between Edinburgh and nearby Ocean Terminal will also provides a 20-minute connection between the development and Edinburgh city centre.
