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Revamp for Prince’s Street

 


Northern Ireland-based Deramore Property Group has submitted a planning application to redevelop 121-123 Princes Street in Edinburgh into a shopping and leisure scheme.


 


Deremore bought the rundown building from insurer RSA in January.


 


The String of Pearls development will comprise a 27,000 sq ft store – prelet to clothes retailer New Look – and a 103-bedroom hotel. SMC Hugh Martin Architects is designing the scheme.


 


samantha.mcclary@rbi.co.uk

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