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£1bn project will revitalise city's waterfront

The Herald

The massive operation to transform the shoreline of Edinburgh and breathe new life into its communities is under way. Work has begun on the £1bn Waterfront Edinburgh development, which is thought to be one of the biggest urban regeneration projects in Europe. Three new hotels, an international-standard theatre complex, an architecture and design centre and a major new contemporary art gallery are all earmarked for the area of Granton. An upmarket shopping arcade and a number of other stores will also be created under the plan. Waterfront Edinburgh, a joint venture company which was set up by the council and Scottish Enterprise Edinburgh and Lothian, also envisages a network of canals and tree-lined walkways as well as several public squares on the 120-acre site over the next 10 years.