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Multimillion pound Edinburgh development work to commence in weeks

Posted by Mark
January 2, 2014 in Retail

The creation of a new four-acre city centre development in the heart of Edinburgh is to get under way in just a matter of weeks, with permission granted for the works to take place.

The Haymarket – which will cost around £200 million – will include a hotel and retail space. The project will also see a number of  office fit out  office fit out plans taking place.

The project is a joint venture between Interserve and Tiger Developments, and has now just been given the green light from Network Rail; permission was needed from the rail transport company so that preparatory works can get underway on the rail tunnels, which run beneath the site.

The development director from Interserve, David Westwater, explained:

“This agreement with Network Rail to start work on the site represents a significant milestone for one of Edinburgh’s last remaining gap sites.

“We are looking forward to completing the underground works during 2014, allowing for above-ground construction to start in early 2015.”

With work expected to start this month, the developers and Network Rail have arranged for all works to take place overnight; this is to ensure minimum disruption to rail passengers.

There is also an archaeological dig taking place at the Haymarket site. Starting in February of next year, it will see the permanent closure of the car park presently on site.

If things stay on course, it is expected that construction of the development could start in the spring. The buildings making up the first phase are expected to come on line throughout the course of 2016.

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