PRS push extends to key Merchant City ‘gateway’
June 12 2018
Structured House Group have gone back to square one in their £40m bid to develop a rundown corner of the Merchant City, scrapping plans to build a student residential tower in order to deliver flats for private rental.
Merchant Residential will now include a mix of PRS flats, office space for start-up businesses and retail, with a pledge to rescue The Old College Bar thrown in for good measure.
Craig Inglis, chief executive of Structured House Group, said: “Our proposals and ambitions continue to be to rejuvenate the corner into Merchant City and to convert what has been a dilapidated site into a gateway to the city.
“We have been working with the City Council planners for more than three years and having listened to considerations and engaged with key stakeholders, with our new application, we are adapting the look, feel, and requirements of the site. We hope to create a focal point which brings together the Merchant City with the High Street, in a style that compliments old with new.”
A pre=application consultation on the new plans is scheduled to take place on 14 June at the Premier Inn Hotel on George Street from 11:00 till 19:00.
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