Ahli United Bank Acquire Durham Student Accommodation
25th Sep 2018
Scotmid Co-operative has joined up with developer and operator Structured House Group to submit a planning application for a mixed-use scheme on the site of the existing Scotmid store in Gorgie Road in Edinburgh.
Under the plans Scotmid will continue to manage the community convenience store and 152 student apartments will be operated by Structured House Group's property management division called BOHO.
The purpose-built student accommodation will feature both studios and cluster apartments, all equipped with en-suites.
The proposed student accommodation is scheduled for completion in 2020, however it is hoped the new Scotmid store will be open and trading before the end of 2019.
Commenting on the application, Maurissa Fergusson, Scotmid's head of property and facilities, said: "We are extremely excited about the submission of our plans for the redevelopment of our Gorgie Road store and the prospect of working alongside Structured House Group."
"The new-look store will be state-of-the-art with an emphasis on being as environmentally friendly as possible and it will continue to be an asset to the local area - providing an essential service to residents in Gorgie."
"As a co-operative, our core purpose is to serve our communities and improve people's everyday lives and this planned redevelopment fits with those values."
"We believe the introduction of student accommodation will also have a positive impact on the local economy and rejuvenate the site on Gorgie Road."
Meanwhile, Craig Inglis, Structured House Group's chief executive suggested the accommodation will further strengthen the company's offering for students, whilst providing a significant boost to the local economy.
25th Sep 2018
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