Spectacular Homes-led Redevelopment
of Ferry Road Site Underway
256 New Low-Carbon Homes and Commercial Space to be Created
Regeneration specialist Artisan Real Estate has completed the demolition of the former Deutsche Bank House at 525 Ferry Road, Edinburgh, making way for a spectacular homes-led redevelopment of the site.
Planning approval was granted in March 2024 for Artisan together with fund manager REInvest Asset Management S.A. to create a low-carbon residential community on the vacant site near the Crewe Toll roundabout in the northwest of the city centre.
Known as ‘525 Park View’, the new neighbourhood will provide 256 sustainable homes, 25% of which will be for affordable housing. Flexible commercial space facing on to Ferry Road will provide potential for cafes, shops and shared workspaces.
“This is a hugely exciting opportunity to breathe new life into an underused site, whilst ensuring its long-term future by delivering a new sustainable community to an accessible city centre location,” says Artisan’s Regional Director for Scotland, David Westwater.
“Our proposals have been guided by low-carbon design and encompass a mix of apartment sizes and layouts, led mainly by residential as well as much-needed affordable housing and other complementary commercial uses. This development will set new benchmarks for smart, sustainable living whilst providing a high quality of internal and external space. It further underlines Artisan’s long-term commitment to future investment in Edinburgh.”
Designed by Edinburgh-based 7N Architects, 525 Park View will raise the bar for sustainable city-centre living. More than two thirds of the development area will be made up of high-quality green spaces – including a large central communal garden as well as biodiverse green roofs and a ‘wetland’ area which enhances local ecology whilst contributing to the wider sustainable urban drainage system.
Smart technology such as individual air source heat pumps for each home also means no fossil fuels will be used, emphasising Artisan’s commitment to sustainable low carbon development and delivering low energy costs for occupiers.
As a regeneration specialist, Artisan has an established track record in transforming sensitive urban spaces into vibrant living environments across the UK and has previously won the ‘Excellence in Sustainability’ award at the Scottish Homes Awards.
Development partner REInvest Asset Management S.A. was founded in Luxembourg as a specialist for future-facing investment ideas and currently manages and develops properties across Europe with a value in excess of EUR 2.3 billion. 525 Park View is held in a progressive property fund within a pan-European portfolio managed on behalf of a German insurance group.
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