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New Town office block marketed as 'significant' development opportunity

January 31 2017

New Town office block marketed as 'significant' development opportunity
Edinburgh’s Erskine House is being marketed for potential office, residential or hotel use by DougraySmith as a buyer is sought for the H-plan structure occupying 0.23 hectares of land in the New Town.

Stretching to 117,000sq/ft the Queen Street property is being touted as a rare chance to acquire a significant development plot in the World Heritage district, potentially offering a solution to soaring demand for city centre office stock.

Chris Dougray, director at DougraySmith, commented: "This is a significant development opportunity in what is the most vibrant part of our capital city. With hotel occupancy rate in excess of 86.3% and a well-documented lack of quality office space, this is a prime development opportunity for developers in Scotland and around the world."

A 2015 proposal by Dexter Moren Associates called for the 1960’s office block to be converted into a 187 bed apart-hotel.

2 Comments

Basho
#1 Posted by Basho on 31 Jan 2017 at 23:08 PM
They can turn this building into a massive nail bar for all I care, just as long as they get rid of the awful facade. (But please, not more flat sandstone skins with aysemmetric windows.)
Islands of sanity
#2 Posted by Islands of sanity on 2 Feb 2017 at 17:52 PM
Agree with Basho, building has a bit of toned down Speer and is far too monumental in its approach.

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