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New Town office block marketed as 'significant' development opportunity

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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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