An outline business case to create a £1.3bn well-connected, sustainable new coastal town at Granton Waterfront will be considered at the Policy and Sustainability Committee next week.
If approved, a final business case for a first phase of regeneration will be developed over the next 18 months using the skills and experience of a development partner, whilst also progressing plans for a low carbon heat network solution.
Over the next 15 years the regeneration of Granton Waterfront will deliver around 3,500 net zero carbon homes, a primary school, health centre, commercial and cultural space, sustainable transport provision and a new coastal park.
Progress has already been made in the area, including accelerating the delivery of around 661 Council-led homes alongside the provision of key amenities and enhanced connectivity.
There has also been positive progress in growing a cultural and arts cluster in Granton Waterfront.
Recent announcements include the start of works to refurbish the Granton Station building into a creative work space with a lease being given to leading Scottish arts Charity Wasps, and arts charity Edinburgh Palette has been granted a lease in our vacant industrial until on West Shore Road.
The industrial unit was recently used for a successful music, visual arts and cultural festival by the Hidden Door on a temporary basis.
The iconic Granton Gasholder is now also illuminated every night for a period of up to two years, a beacon of light for the project following a joint initiative with Edinburgh College.
Council leader, Adam McVey, said: “This business case gives us a blueprint to go forward and clearly demonstrates our commitment to tackling climate change as we start to gear up for COP26 next month.
“Granton Waterfront is one of the seven strategic development sites in the Edinburgh and South East Scotland City Region deal and as one of the most environmentally friendly areas under development in Scotland is expected to lead the way in sustainable development in the city as part of Edinburgh’s commitment to be net zero carbon by 2030.
Depute leader and lead on the Granton Waterfront project, Cammy Day, said: “This development is making a large contribution to Edinburgh’s housing needs and our proposed City Plan 2030 being considered by councillors on the Planning Committee this week.
“Granton Waterfront will lead the way in the city providing much-needed sustainable housing following the 20 minute neighbourhood approach with shops, healthcare, cultural and leisure and education facilities all nearby.
“It will be well connected to the rest of Edinburgh and beyond with new sustainable travel links and active travel routes running through the site adhering to the principles of sustainable travel in our City Mobility Plan.”
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