May 18 2010

Australian developer Stockland has scrapped a planned office development in St Andrew Square Edinburgh, opting to pursue a hotel led scheme in its place.

The move comes amidst a decline in the office market and a relatively buoyant hotel sector with Hilton, Jumeirah, Intercontinental Hotel Group and Hyatt all said to have submitted expressions of interest to operate a five star hotel within the development.

Such a change of use would require a new planning application to be submitted however and development would only proceed on the basis of a pre-let.

Gareth Hoskins Architects designed the original office scheme, which preserved the modernist Scottish Provident building. Designed by Rowand Anderson, Kininmonth & Paul in 1961 it is regarded as the city’s best commercial building of the post war period.

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