Hart Builders to deliver affordable city homes at Leith Links
Hart Builders, part of the Cruden Group, is to deliver a multi-million pound new housing development on the site of the historic Edinburgh Roperie and Sailworks Company in Leith, Edinburgh.
Following a successful land deal secured by the Cruden Group, the £25m development will be delivered in partnership with PfP Capital. Construction has begun on site in line with Government guidance, and will see 151 new homes built, providing affordable housing for the area.
This will be the fifth project that Hart Builders are delivering as part of the Ropeworks development, bringing back to life this historic site. The Ropeworks has been designed to create open spaces and provides direct access to the 46 acre Leith Links and a new landscaped park and extended allotments will offer engaging outdoor spaces in this vibrant part of Edinburgh.
The spacious new homes will be built in four blocks, with three offering resident lift access, and will be built in a style that complements the completed phases of the wider development. The homes, which are due to complete in Spring 2022, will consist of a mix of 151 one, two and three-bedroom flats and will enjoy views of the area from juliet balconies. Parking areas and cycle stores will also be created for new residents.
The new homes are being delivered as part of PfP Capital’s Mid-Market Rent fund set up by PfP Capital and supported by the Scottish Government which aims to provide around 1,000 mid-market rental homes across the country and is the second of two large developments that Hart Builders is constructing for PfP Capital in Edinburgh, which will provide 236 new affordable homes for the city.
Steven Simpson, Chief Executive Officer at Hart Builders said: “We are pleased to continue our strong working relationship with PfP Capital to deliver this significant project in Leith to bring quality affordable homes to the area. Hart Builders have an impressive track record in delivering new quality homes in the Leith area, with 608 homes at the Ropeworks complete and under construction.
PfP Capital Fund Director William Kyle said: “We are pleased to be working with Hart Builders on the delivery of 151 homes for mid-market rent, bringing new life to this vibrant part of the city at the Ropeworks development. We look forward to delivering these high quality, affordable rental homes to the market as part of our partnership with the Scottish Government, and to helping bring this historic site back to life.”