Work has begun on the latest phase of regeneration in Pennywell where a partnership between the City of Edinburgh Council and Urban Union will see over 750 new homes delivered.
Image: James Freel (MD Robertson Housing Partnership) and Neil McKay (MD Urban Union) Credit: Greg Macvean – 31/05/19 – 07971 826 457
Set to complete in 2021, Pennywell Phase 3 is part of a wider housing regeneration project in the area being delivered through a partnership with the City of Edinburgh Council and Urban Union which will see the delivery of over 750 new homes of which half will be affordable. The Pennywell Living development is the result of a major investment of £42 million by the City of Edinburgh Council and includes £7.9 million grant funding from the Scottish Government.
In Phase 3, a total of 315 new homes will be built by award-winning firm Urban Union in partnership with Robertson Partnership Homes, 181 for the City of Edinburgh Council and 134 for private sale. There will be a variety of different house types suited to a wide range of different lifestyles and budgets, from first time buyers to growing families.
Neil McKay, Managing Director of Urban Union, said: “Launching the third phase of the Pennywell Living development allows us to meet the growing demand for high-quality, affordable houses in the area.
“The first two phases of the Pennywell project were extremely popular with phase two selling out completely in November thanks to the ideal location of the development and the high calibre of properties on offer.”
Cllr Kate Campbell, Convener of the Housing and Economy Committee, said: “Pennywell is our largest affordable housing project in the city, delivering 228 social homes and 136 for mid-market rent – playing a major part in delivering the Council’s commitment to build 20,000 new affordable homes.”
James Freel, Managing Director for Robertson Partnership Homes, said: “This new phase at Pennywell Living marks our third partnership with Urban Union and I have no doubt it will be another successful one. We are proud to be building more affordable homes in a key regeneration area and look forward to delivering accommodation of the highest quality.”