Artisan Real Estate has secured consent to transform 19 historic archways into a new retail and leisure quarter as part of its £150m Edinburgh New Waverley scheme.
The arches, built in 1875, will become shops and restaurants under the Staran Architects-designed scheme.
Artisan project director Clive Wilding said: “It is an amazing opportunity to open up an historic part of the city that has never been accessible to the public before.” Eric Young & Co and Culverwell are advising on leasing.