Premier Inn eye Edinburgh’s premier street
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March 23 2009
Premier Inn have expressed an interest in tenanting the 96 bed hotel, a few doors up from fellow budget operator easyhotel, whilst New Look have signed up for 27,500sq/ft of retail space in the £40m development.
Of the three buildings currently on site only a Georgian building at 123 Princes Street would be retained, the remainder being cleared for
The latest proposals supercede prior plans to clothe the site in glass.
Princes Street is widely held to be a mess with derelict upper floors, low rent stores, a hap-hazard streetscape and heavy traffic
Business leaders have thus warmly welcomed the plans as a means of re-energising one of Europe’s premier throughfares.
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