M&G submits new plans for Haymarket gap site

Development firm M&G Real Estate has drawn up fresh proposals for an Edinburgh development site.

The investment arm of insurer Prudential is working with QMile Group on the former goods yard next to Haymarket Station, which it purchased last June.

M&G submits new plans for Haymarket gap site

A plan of the development site's location. Image by Foster + Partners

The sale for £49.1m came with planning permission for three Grade A office buildings totalling 350,000 sq ft, provision for 40,000 sq ft of retail and leisure space, a 190-room hotel and a 172-room aparthotel.

However, the developer has now submitted a proposal of application notice for the redevelopment of the site comprising of ‘hotels, offices, retail, leisure, public houses, restaurants, car parking and associated works’.

The developer is holding a public exhibition today at the Hilton Grosvenor Hotel to further discuss its vision for the four-acre mixed used development site.

A spokesman for M&G said: “We can confirm that we are in the early stages of preparing our proposals for the Haymarket development and look forward to sharing them in due course.”

A timeline for construction works and an expected start date are yet to be announced.

Residents are encouraged to go to the Hilton Grosvenor Hotel between 11am-1pm and 2pm-8pm for more information.

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