City eyesore to be sold off for redevelopment

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Archiseek / UK / Scotland / News / 2005 / October 27

Heritage leaders were celebrating today after the death knell was sounded for Edinburgh's ugliest building. The St James Shopping Centre on Leith Street has been put on the market with a Ł160 million price tag. It has raised hopes that the eyesore will be redeveloped into a world-class building. The shopping centre, along with St James House, the controversial former Scottish Office building, the 147-bed Thistle Hotel and the John Lewis department store, has been put up for sale by its pension fund owners. More than 20 major development companies in the UK and overseas have already been approached as potential buyers for the site.

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