A consortium led by oil tycoon Sir Bill Gammell and Drum Property Group is drawing up proposals for a £2bn, 7,000-home project in the west of Edinburgh.
The development consortium, previously known as New Ingliston before rebranding as West Town Edinburgh, owns 205 acres of land between Ingliston Park & Ride and the Gogar Roundabout.
The masterplan for the project will also include commercial and community facilities to facilitate a 20-minute neighbourhood. It will be supported by additional transport infrastructure.
Drum made a “significant” equity investment in the company earlier this year, while taking on a key management and development role.
Graeme Bone, group managing director of Drum, said: “This is a once-in-a generation opportunity to deliver the transformation of the west of Edinburgh while playing a critical role in Scotland’s economic recovery and ongoing development for decades to come.
“Our ambition for the area matches that of the proposed Edinburgh City Plan 2030. The amount of space on the site, combined with its superb location, allows for a natural extension for the west of Edinburgh, providing a new 20-minute neighbourhood.”
Gammell, who chairs the board at West Town Edinburgh, said: “We see a wonderful opportunity and important responsibility working alongside all stakeholders to create a pioneering, innovative and sustainable legacy for the future West Town community of Edinburgh.”
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