The Powerhouse, Haymarket, Edinburgh

The Powerhouse, Haymarket, Edinburgh

Case Study

Site was acquired as part of acquisition of St Andrew Homes from Berkeley plc.

Sold Phase 2 with consent for a further sixty units as serviced site to another plc house builder shortly after initial acquisition.

  • Location: Edinburgh, Scotland

    Date: 2001 – 2004
  • Gross Development Value: £10 million

    Gross Profit Margin: 14.5%
  • Description: Fifty city centre apartments, part conversion, part new build.

    Special features: Conversion of former generator power house and cooling chimney to create new apartments. Special foundations for adjacent new builds