Graeme Bone, Group Managing Director, Drum Property Group said:
“Our vision for the site at Stead’s Place is to provide welcoming, inspirational and distinctive spaces for use by local residents, post graduate students and the wider public.
We believe that developing purpose built affordable housing, retail units, a hotel and post graduate accommodation on this conveniently located site on Leith Walk will help alleviate housing pressures in the local area and provide a boost for inward investment in Leith that will help sustain community facilities and create additional opportunities for local business, maximising the potential for additional future investment in the area.
We are keen for both local organisations and current tenants along the frontage to Leith Walk to contribute as we develop our plans. We look forward to working with City of Edinburgh Council and local community groups as we work towards preparing a detailed planning application for the site.”