Latest New Waverley Office Timelapse Video April 2019

A quick update to share as we rapidly approach May 2019. We have the latest time-lapse video for the office development here at New Waverley in the city centre of Edinburgh. Excited to see it is looking good and nearly ready for completion and final handover. Please view the video on our dedicated Vimeo page, just here: https://vimeo.com/224229603

 

New Waverley Spring Update For 2019

As spring rolls into view, we felt it was time to provide an update on all things New Waverley in March 2019.

The last 12 months have been pivotal in the evolution of New Waverley and the regeneration of the wider area. The final pieces of the complex mixed-use jigsaw are now being firmly laid, establishing a clear way ahead for the eventual completion of the entire development which is having a significant impact on the city centre.

New Waverley’s current commercial office development phase is due for completion in summer 2019, following the announcement that the UK Government is taking 190,000 sq. ft. of Grade A office space within the development, bringing some 2,900 civil service jobs right into the heart of the Old Town.

Clive Wilding, Artisan Real Estate Investors Property Director said:

“It’s been a significant year for New Waverley. Bringing the UK Government hub right into the historic heart of the city is a ringing endorsement for what we are building here – not just for New Waverley, but for the city of Edinburgh and for Scotland. It’s another significant step of our journey to restore life, vitality and energy to this historic part of Edinburgh’s city centre and will be a natural fit for the exciting and vibrant mixed-use community we are creating here.

All our efforts to regenerate a very special part of Edinburgh are now paying off. In the last 12 months, New Waverley has become an established district within the city’s historic Old Town. The new Government office hub continues the momentum of the current development phase which will see high-quality office space blend with restaurants, cafes and shops around a new football pitch-sized £2 million public square.”

The square is the first significant public space to open in Edinburgh’s city centre for more than 50 years and is linked to the Royal Mile by a new covered pedestrian walkway inspired by the Old Town’s historic ‘Wynds’. In February 2019, Loudon’s the family-run café and bakery, opened their second Edinburgh operation with space for 140 customers overlooking the new square.

Other current developments on track for completion in 2019 include the transformation of the Canongate Venture, a derelict 19th-century Victorian Primary School, into a boutique hotel restoring the building back to its previous glory.

And In early 2019, the residential phase began with premium homebuilder Queensberry Homes delivering 66 new homes for the initial development phase, out of 149 homes in all, on the eastern side of the public square.

New tenants have also signed up to The Arches in 2018, which is now fully let to an eclectic and diverse mix of independent businesses. Local boutique gin distillers Edinburgh Gin were recently unveiled at as the final tenant in the flagship end arches, which will now host a fully-working distillery and visitor centre.

And last, but not least, a new community drop-in centre called the Crannie is opening on Cranfield Street in 2019 to become a focus for local community activity including music, visual arts and clean-up projects.

New Waverley Government Hub Rapidly Taking Shape 2019

New Waverley is rapidly taking shape and is fast fulfilling its promise to become an established and vibrant city centre quarter which is reshaping and regenerating the heart of Edinburgh’s historic old town.

As we enter into February 2019, the new UK Government office building is nearing completion and is set to home 2,900 government workers from next year. The seven-level development comprises two interlinked office buildings providing almost 200,000 sq. ft. of ultra-modern Grade A office space. The new Government offices will offer the highest levels of sustainability and operational efficiency, and employees will benefit from a contemporary design with added staff amenities including a landscaped roof area providing sweeping views across the Waverley Valley.

          

The UK Government will relocate the 2,900 civil service jobs to its new regional hub by 2020 under the terms of a 25-year lease. This will be the UK Government’s cross-departmental flagship Hub in Scotland and will include HMRC, which will operate one of its 13 regional centres from New Waverley.

The hub will also function as the Scottish base of several government bodies – including the Office of the Secretary of State for Scotland, the Office of the Advocate General, the Competition and Markets Authority, the Office for Statistics Regulation, the Government Actuary’s Department and HM Treasury. Staff from the Health and Safety Executive and the Information Commissioner’s Office will also be based here.

The opening of the office hub will complete the cornerstone of New Waverley’s current development phase, which will see the high-quality office space blend with restaurants, cafes and shops around a new public plaza. Other current developments on track for completion in 2019 include the transformation of the Canongate Venture, a derelict 19th century Victorian Primary School, is into a boutique hotel restoring the building back to its previous glory.

Download the latest image updates here – New Waverley Images PDF  and you can view the latest videos here: Timelapse Video 2019 and The New Waverley Crane

 

 

New Waverley Marks ‘Topping Out’ Of New UK Government Hub

The new UK Government hub planned for New Waverley here in the heart of Edinburgh’s Old Town has reached a significant milestone this week with the official ‘Topping Out’ of the office scheme set to be home to some 2,900 government workers.

The seven-level development, which comprises two interlinked office buildings providing almost 200,000 sq. ft. of ultra-modern Grade A office space, has now reached its highest point – an occasion marked by the UK Government and developers Artisan Real Estate Investors.

The UK Government announced last year that it will relocate 2,900 civil service jobs to the new regional hub by 2020 under the terms of a 25-year lease. This includes HMRC, which will operate one of its 13 regional centres from New Waverley.

This will be the UK Government’s cross-departmental flagship Hub in Scotland, which will function as the Scottish base of several government bodies, including the Office of the Secretary of State for Scotland, the Office of the Advocate General, the Competition and Markets Authority, the Office for Statistics Regulation, the Government Actuary’s Department and HM Treasury. Staff from the Health and Safety Executive and the Information Commissioner’s Office will also be based here.

The new Government offices will offer the highest levels of sustainability and operational efficiency, and employees will benefit from a contemporary design with added staff amenities including a landscaped roof area providing sweeping views across the Waverley Valley.

You can view the official video on the ceremony HERE

   UK Government Hub

Speaking at the Topping Out ceremony, Neil Richardson, Commercial Director, Government Property Agency said: “This new flagship building is part of our radical upgrade of the Civil Service, and will support a diverse and creative workforce as they make a real difference to the lives of people living in Scotland.

“The hub will provide high quality, skilled jobs right in the heart of the city centre as well as contributing significantly to the local economy. Alongside significant savings for the taxpayer, the roll-out of Government Hubs will provide modern working environments across the whole of the UK enabling us to provide the best public services we can.”

Julie McHugh, Edinburgh Regional Implementation Lead, HMRC spokesperson added: “Locating HMRC to a new regional centre in Edinburgh in the New Waverley development is another step in HMRC’s transformation into a modern, digitally advanced tax authority. This unique city centre location will bring our teams together to promote closer working relationships as well as increasing our effectiveness in collecting taxes.”

The completion of the office hub will complete the cornerstone of New Waverley’s current development phase, which will see the high quality office space blend with restaurants, cafes and shops around the public plaza. Artisan’s £200 million, 7.5 acre mixed-use scheme seamlessly links Waverley Station with the city’s iconic Royal Mile, forming part of the Old Town’s UNESCO World Heritage site.

Welcoming the UK Government to New Waverley, Clive Wilding, Artisan’s project director, said: “Bringing the UK Government hub right into the historic heart of Edinburgh is a ringing endorsement for what we are building here – not just for New Waverley, but for the city of Edinburgh and for Scotland.

” It sends out an important message that our city centres have the interest, value and capacity to attract investment from the very best employers, setting an important precedent for Edinburgh and the rest of Scotland

“For New Waverley, it’s another significant step of our journey to restore life, vitality and energy to this very special part of Edinburgh’s historic city centre, and will be a natural fit for the exciting and vibrant mixed-use community we are creating here.

“People coming to work here will enjoy an unmatched working, leisure and living environment. On their doorstep will be one of Scotland’s major transport hubs as well as an eclectic mix of shops, hotels, cafes, bars, restaurants and homes in a location that reflects both the best of the city’s heritage and its future.

“They will find that New Waverley is a genuinely unique destination in which to work, live and enjoy time out. This is a transformational development of a UNESCO Heritage site, in one of the world’s most iconic yet delicate locations. It’s pioneering the future, whilst preserving the past, representing a blueprint for sensitive yet positive city-centre regeneration.”

Reaching the Topping Out stage of the office hub is also a significant milestone for New Waverley contractors, McAleer & Rushe, who are on target to complete the commercial phase by summer 2019.

Construction of the two interlinked office buildings totalling 230,000 sq. ft. brought its own particular challenges, including overcoming a 40 ft. gradient which runs from the Royal Mile down into the Waverley Valley. This means that both buildings are built into the side of the hill, with the ground floor access into the public plaza on one side becoming the building’s second level further down the slope.

The buildings have a significantly large concrete frame composed of 15,000 cubic metres of concrete, all of which was non pre-fabricated and poured on site. The facades of the completed buildings will be clad in the highest quality Stanton Moor buff sandstone to reflect the unique heritage and environment of their immediate surroundings.

You can view a time-lapse video of the development taking shape by clicking HERE

Shane McCullagh, contracts director from McAleer & Rushe added: “This strategically important landmark building provides a spectacular focal point and destination for the wider New Waverley development. It’s a challenging development to complete, especially considering its unique location at the heart of Edinburgh’s UNESCO World Heritage site, but one that is being delivered on time, on budget and with the highest safety standards.

“Now that we have ‘Topped Out’ the office buildings, the true mass, vision and scope of the entire New Waverley masterplan is now apparent, and it’s a fitting testament to our team on site and the whole development team that so much has been achieved in a relatively short timescale.

We are appreciative for this opportunity in the ongoing partnership with Artisan and very much look forward to handing over the completed offices to the UK Government in 2019.”

New Waverley’s office development was sold in October 2017 by Artisan to Legal & General, who secured the development on behalf of Legal & General Retirement which invests in high-quality long-term UK assets that generate income streams that match its commitments to pensioners.

The development has won three place-making awards in the last year – including best regeneration project for both the Scottish Property Awards and the Royal Institute of Chartered Surveyors (RICS). The scheme’s architects are Allan Murray Architects

New Waverley Website Privacy Policy Updated

This simple short post is to inform website users that New Waverley.com has now updated its Privacy Policy to coincide with GDPR / new data protection law directive put in place by the European Union. You can see the new Policy by clicking on the link in the footer of this website. Thank you from the team at New Waverley.

Artisan Real Estate Investors Scoops Top Scottish Property Industry Award 2018

The developer behind New Waverley, Artisan Real Estate Investors, has secured its position as one of the leading players in the Scottish property industry by winning one of this year’s most high profile industry awards.

Artisan was awarded Property Company of the Year at the prestigious 2018 Scottish Property Awards, announced on Thursday the 3rd of May 2018.

Property Company of the Year Award Reflects “Growing Presence and Influence” Across Scotland

The award reflects Artisan’s stellar investment-based success across Scotland over the last year. This includes continued progress here at New Waverley, its flagship Edinburgh city-centre development.

Artisan is also taking on major regeneration projects in Glasgow such as the Custom House on the Clyde Waterfront and the Cotton House in the Merchant City.

Welcoming the award win, Artisan’s Chief Executive Jaco Jansen said: “This award recognise Artisan’s growing presence and influence across the Scottish property scene.

“We have forged a strong reputation with New Waverley over the last few years and I am especially pleased that Artisan is now being recognised for its wider investment across Scotland.

This includes other developments in Edinburgh and two significant regeneration projects in Glasgow which will come of age in 2018.”

Further Property Award Nominations

Artisan was also nominated at the awards for the Deal of the Year category, which recognised the landmark property deal agreed in July 2017.

This deal brings 2,900 HMRC jobs right to the heart of Edinburgh, with the lease of New Waverley’s 190,000 sq. ft. new office building to the Government Property Agency (GPA) – described at the time as the city’s largest office leasing deal for more than 20 years.

The Bigger Picture

Artisan brings together more than 30 years of experience in some of the UK’s most innovative and exciting Grade A office, retail, industrial, leisure and residential developments.

In that time, the international investment partnership has established an impressive development track record in sensitive city centre development, especially in complex mixed use sites.

In summary, Artisan’s pipeline of current development projects comprises 1.5 million square feet with a gross development value of almost £400 million.

During the last three years in particular, a significant chunk of that business has been activated in Scotland, as well as across the rest of the UK.

UK RICS Regeneration Award Won By New Waverley

New Waverley has won one of the UK property industry’s most prestigious national accolades. The £200 million regeneration scheme currently transforming the city’s Old Town was scooped this prestigious award for the UK’s best regeneration project at the Royal Institute of Chartered Surveyors (RICS) 2017 annual UK awards in London on Thursday November the 2nd.

New Waverley, being delivered by Artisan Real Estate Investors, has already won the regional RICS award for best regeneration project in Scotland earlier this year. This national award win recognises New Waverley’s current status as one of Europe’s most important city centre regeneration projects, taking place in the historic and highly sensitive World Heritage Site of Edinburgh’s Old Town.

The award was welcomed by Clive Wilding, New Waverley’s Project Director, who said: “We are all thrilled that New Waverley has won this major national accolade, fighting off stiff competition from major projects across the rest of the UK. We are especially pleased to be recognised by a widely-respected UK organisation that rewards excellence in design and architecture. For the last two years, we have worked hard to make New Waverley an integral part of Edinburgh’s Old Town, breathing new life back into a formerly neglected part of the city centre. This award shows that our efforts are now paying off and I am delighted that New Waverley’s considerable impact is being recognised on a national stage by our peers and public alike.”

So far, the first New Waverley development phases completed are two Whitbread hotels – the Hub by Premier Inn, a Premier Inn hotel which opened in January 2016, and The Arches, a row of 19 Victorian arches which have been transformed to create a new exciting leisure and retail district for the city.

In December 2016, the new 146-apartment Aparthotels Adagio on Edinburgh’s Royal Mile opened for business, overlooking a new football pitch-sized public square called Sibbald Walk.  Becoming the first significant public space to open in the city centre for more than 50 years. In July 2017, it was announced that some 2,900 UK civil servants will be located at New Waverley’s next phase office development as part of a new UK Government hub.

This is the fourth major award that New Waverley has won in 2017, having received top honours at this year’s Scottish Property Awards, Herald Awards and the Royal Institute of Chartered Surveyors (RICS) Awards (Scotland).

New Waverley Wins Herald Property Award 2017

The New Waverley development has won one of Scottish property industry’s most prestigious accolades. Currently transforming the heart of Edinburgh’s Old Town, New Waverley scooped the top award for the Commercial Project of the Year at the 2017 Herald Property Awards for Scotland, held in Glasgow on Thursday the 21st of September.

The award recognised New Waverley’s successful development of the Adagio Aparthotel overlooking the Royal Mile and The Arches, a row of Victorian arches which has been transformed into a vibrant retail and leisure quarter for the city.

New Waverley is delivered by Artisan Real Estate Investors and the award win further recognises its current status as one of the UK’s most important city center regeneration projects, taking place in the historic and highly sensitive World Heritage Site of Edinburgh’s Old Town.

Welcoming the award, Jaco Jansen from Artisan Real Estate Investors said: “We are all thrilled that New Waverley has won another major accolade.

“For the last two years, we have worked hard to make New Waverley an integral part of Edinburgh’s Old Town, breathing new life back into a formerly neglected part of the city centre. This award – highlighting our successful completion of both the Adagio Aparthotel and The Arches – shows that our efforts are now paying off and I am delighted that New Waverley’s considerable impact is being recognised on a national stage by our peers and public alike.”

In the last 12 months, New Waverley has become an established district within the city’s historic Old Town and has delivered a high profile ‘place-making’ campaign designed to create interest and excitement about the area. This has included launching the UK’s largest poem on the side of the new Adagio aparthotel building on the Royal Mile, as well as the area hosting food markets, light shows and art installations.

In July, it was announced that some 2,900 civil servants will be located at New Waverley’s next phase office development as part of a new UK Government hub.

This is the third major award that New Waverley has won in 2017, having scooped top honours at both this year’s Scottish Property Awards and the Royal Institute of Chartered Surveyors (RICS) Awards.