The owner of a high-profile property in Edinburgh's Princes Street has welcomed backing for its plans to turn the former Debenhams store into new boutique hotel and hospitality hub.
Pensions giant Legal & General said the £50 million renovation project, which goes before the city council's Development Management Sub Committee next week, has been recommended for approval by the city's director of planning. The proposals also have the "active support" of Essential Edinburgh - the city centre's Business Improvement District - and the Edinburgh Chamber of Commerce.
Plans include a restaurant and rooftop bar along with a 207-room boutique hotel and spa. There will be shopping, dining, hospitality, leisure, and public event space, plus a new pedestrian link between Princes Street and Rose Street.
READ MORE: Princes Street Edinburgh closed as crew battle blaze in former Debenhams store
The public rooftop bar will look directly on to Princes Street Gardens and Edinburgh Castle, helping to deliver on the city's vision of creating a "cafe culture" along Princes Street.
Nida Rehman, development manager for Legal & General, said, said the regeneration project will help bring people back into the centre of Edinburgh.
“We warmly welcome the views from the director of planning," she added. "We have worked closely with the council to ensure our proposals match its vision for the future of Princes Street as well as the needs of local people and visitors.
"A sensitive repurposing will provide future-proofed, vibrant places while securing the heritage of these buildings.”
If planning consent is granted, construction work is expected to begin in 2022 with completion in 2024.
Whistles to close Glasgow store after 18 years trading
British fashion retailer Whistles is to close its flagship Glasgow store in a further blow for the city's retail offering.
The clothing brand, which is a favourite of the Duchess of Cambridge, is to move out of Princess Square after an 18-year history with the Buchanan Street shopping centre.
READ MORE: British designer to close flagship Glasgow store after 18 years trading
Albert Bartlett seeks bids from housebuilders for 'exclusive' new village in Lanarkshire
Scottish potato producer Albert Bartlett is seeking bids from housebuilders to create Berryhill, "an exclusive new village in Lanarkshire".
The family firm's property arm has instructed Shepherd Chartered Surveyors to invite offers.
READ MORE: Plans for 'exclusive' new Scottish village as bids from housebuilders sought
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