Newsletter - Links - Advertise - Contact Us - Privacy
 

Edinburgh BHS store earmarked for £50m revamp

Bookmark and Share | Send to friend

July 21 2016

Edinburgh BHS store earmarked for £50m revamp
A B-listed BHS department store on Edinburgh’s Princes Street has been earmarked for a £50m overhaul which will see the space subdivided to form a 50,000sq/ft retail unit, 140 bed hotel and rooftop restaurant on behalf of the British Coal Pension Fund.

CDA Architects have been appointed to the refurbishment project which will see upper floors converted to a hotel and internal light well to take advantage of expansive views toward the Castle whilst basement, ground and first floors remain in use as a shopping destination.

A rear elevation fronting Rose Street will be completely rebuilt with the addition of an extra storey to provide a dedicated hotel entrance, restaurants and shop.

Steve Spray, fund manager at LaSalle Investment Management, commented: “We have received proposals from major fashion retailers for the redeveloped Princes Street store and offers from high-quality hoteliers for the upper parts of the development, which have been mostly redundant for decades.

“The rooftop restaurant opportunity has already attracted interest from some of the world’s leading restaurateurs and would give spectacular and unrivalled views of the Old Town. I could see it becoming a tourist attraction in its own right.”

A pre-application notification has already been filed pending a formal planning application next year but completion isn’t expected until 2019 at the earliest.

2 Comments

Rabbie
#1 Posted by Rabbie on 21 Jul 2016 at 16:27 PM
Very excited to see the biggest minger on Rose Street get rebuilt!
Terra
#2 Posted by Terra on 22 Jul 2016 at 23:22 PM
It's about time something was done about this. I think the only reason it was listed was modernist hubris. It's a horrible building in the contex of Princes St./Rose St. Just look at the way it sticks two fingers up at Rose St. in that image. Disgrace of a building.

Post your comments

 

All comments are pre-moderated and
must obey our house rules.

 

Back to July 2016

Search News
Subscribe to Urban Realm Magazine
Features & Reports
For more information from the industry visit our Features & Reports section.