New Waverley, our £150 million regeneration scheme currently transforming the heart of the city’s Old Town, has been nominated for a top national property award.
New Waverley was one of only a handful of UK-wide developments to make the shortlist for the fiercely-contested ‘Placemaking’ category of the 2017 Property Week Awards. The event will be held in London on April 4th.
The placemaking award rewards “commercial and mixed use developments that have regenerated and physically improved the built environment around a particular site”. Delivered by Artisan Real Estate Investors, the award nomination recognises its current status as one of the UK’s most important city-centre regeneration sites, taking place in the historic and highly sensitive World Heritage Site of Edinburgh’s Old Town.
Clive Wilding, New Waverley’s Project Director said: “We are looking forward to the awards and are all delighted that New Waverley has made this prestigious national shortlist – especially as ‘placemaking’ is what our development is all about. “For the last two years, we have worked hard to make New Waverley be an integral part of Edinburgh’s Old Town, breathing new life back to a formerly neglected part of the city centre. This award nomination 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.”
The New Waverley development has completed the latest phase with two Whitbread Premier Inn hotels which opened in January 2016, and The Arches, a row of 19 Victorian arches which have been transformed to create an exciting new leisure and retail district for the city.
In December last year, the new 146-apartment Aparthotels Adagio overlooking Edinburgh’s Royal Mile, opened for business overlooking a new football pitch-sized public square becoming the first significant public space to open in the city centre for more than 50 years.